BMV BRRR in Watford

High Cashflow - BMV BRRR in Watford

Watford, WD18 0LH

3 Bed Terraced House | Freehold

**Purchase Price:** £315,000
**Hometrack Valuation:** £457,000
**Rightmove Estimate:** £405,000
**Zoopla Estimate:** £437,000
**Approx. 31% Below Hometrack Valuation**

• Existing Tenant Paying £1,350pcm
• Potential Rent Circa £2,000pcm Post-Refurb
• Light Cosmetic Refurb Only (£15k Budget)
• Under 1 Hour Into London
• Strong Commuter Location
• Rear Garden
• Excellent BRR / Long-Term Hold Potential

**Financials**

• Purchase: £315,000
• Refurb: £15,000
• Total Investment: Approx. £360,338
• Estimated Market Value: £457,000
• Potential Equity: £114,250
• Estimated Money Left In: Approx. £18,188
• Estimated Profit: £574pcm / £6,896pa

**Area Stats**
• Average 3-bed asking prices locally around £468,000
• Strong rental demand in WD18
• Popular commuter area with direct London links
• Schools, shops, bars & transport links all nearby

**Serious Investors Only**

DM to make an offer