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The Watford Property Blog

Tue 10 Feb
2015
Lovely little terrace on Acme Road 4.8% yield

Lovely little terrace on Acme Road 4.8% yield

Here we have a staple Watford property investment being marketed by the good people at Connells. This type of property is very popular with investors due to it being freehold rather than leasehold so no service charges of course.  They are also very popular with tenants and fly off the rental market quickly is priced […]

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Thu 5 Feb
2015
37% increase in average asking price for flats in Watford

37% increase in average asking price for flats in Watford

If you’re not keeping a close eye on the property market at the moment and you own rental property in Watford then you could be in for a pleasant surprise when you get it valued. I bumped into a client of mine last week who has a couple of flats that we manage for him and he wanted […]

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Wed 4 Feb
2015
3 bed terrace on Bradshaw Road – 5.3% Yield

3 bed terrace on Bradshaw Road – 5.3% Yield

Here we have a rare 2/3 bed terrace in a very popular area in Watford being marketed for £270,000 by Coopers. First these houses passed the £250k mark.  Now they have passed the £270k mark and are difficult to find for any less. This is a nice example of a popular terrace.  Don’t worry about […]

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Wed 4 Feb
2015

Wednesday weekly tax tips. Number 2

Very simple:  You can offset your Letting Agents Fees against your rental income.  Make sure you do!

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Thu 29 Jan
2015
There are no ‘Flipping’ property deals in Watford!

There are no ‘Flipping’ property deals in Watford!

Before I get any unhappy comments about the profanity in my headline I should tell you that this week I’m talking about flipping properties for profit. i.e. Buying, refurbishing (or not) and re-selling and making some money in the process. Hang on a minute I hear you saying. This guy’s a Letting Agent who’s job is to Let or […]

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Wed 28 Jan
2015
Wednesday Weekly Tax Tips.  Number 1.

Wednesday Weekly Tax Tips. Number 1.

Welcome to our weekly Wednesday Tax Tips! Number 1:  The wear and tear allowance This is an allowance that HMRC offers landlords who have fully furnished properties to make it simpler to work out the cost of wear and tear in furnished properties. Note: the word furnished is the key as it doesn’t apply to […]

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Thu 22 Jan
2015
Kingswood Estate prices out of control with 31% Year on Year increase!

Kingswood Estate prices out of control with 31% Year on Year increase!

Most of the investors I speak to are looking for certain types of property in the obvious areas in Watford. And to be honest they have a good reason to do so. WD18 and WD24 are the most popular areas due to their proximity to town, the young professionals market that desire rental accommodation in these areas and of […]

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Thu 15 Jan
2015
Have local investors missed the ‘Oxhey Village’ Boat?

Have local investors missed the ‘Oxhey Village’ Boat?

Following my December Newsletter Simon, a local design consultant got in touch with me to ask about house prices in Oxhey Village.  He’d bought a property there in 2012 and said that prices appeared to have gone through the roof in that area. This got me thinking about whether it’s still worth investing in the area or whether […]

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Tue 13 Jan
2015
2 bed flat off North Orbital Road.  6.3% yield

2 bed flat off North Orbital Road. 6.3% yield

Whilst browsing the portals for some favourable Watford property investments I came across this 2 bed flat just off the North Orbital Road being marketed by Harry Charles for a steal at £179,950. It may not seem quite as attractive as some of the newly build 2 bed flats that are more centrally located but […]

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Mon 12 Jan
2015
2 bed flat in Nascot Wood.  5.6% yield

2 bed flat in Nascot Wood. 5.6% yield

This is a lovely flat that has plenty of period features being marketed by the folks at Oak Estates for £289,950. I really don’t think the pictures on this one do it any justice and would suggest if this is in your price bracket it could be well worth the investment. We recently rented a […]

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Thu 8 Jan
2015
Are service charges prohibitive for Watford’s property investors?

Are service charges prohibitive for Watford’s property investors?

I had an interesting email from fellow property investor, leasehold expert and property manager Bernie Wales after one of my recent Watford property investment updates. Bernie asked my thoughts about the Chiswell Court development on the corner of Sandown Road and Balmoral Road and whether the service charge was prohibitive for landlords looking for a good return on their Watford […]

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Wed 7 Jan
2015
One excellent purchase for one lucky investor!

One excellent purchase for one lucky investor!

I posted this lovely property on Souldern Street up about 2 months ago that was on the market for sale @ £275,000. http://caleyandco.com/general/deal-of-friday-lovely-terraced-house-on/ It sold quickly and looks like it has made it’s way back onto the rental market for £1,295 per month which gives an even higher yield than I expected at 5.65%! This is […]

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Tue 6 Jan
2015
3 Bed terrace on Judge Street.  £279,950

3 Bed terrace on Judge Street. £279,950

It would appear that terraces of this proportion are going for this kind of price now and actually if you look at some of the others on the market this on is at the cheaper end of the scale. It’s being marketed by Oak Estates as 3 bed property for £279,000 but it really a […]

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Mon 5 Jan
2015
2 bed semi in central Watford – 4.9% yield

2 bed semi in central Watford – 4.9% yield

This is a nice looking 2 bed semi being marketed by the purple army – Imagine. At first glance it might seem a little expensive for a 2 bed house but that’s just the way prices are going at the moment! You could rent a property of this quality for £1,295 which gives you a […]

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Wed 24 Dec
2014

Merry Christmas

Just wanted to say thank you to all of the followers of this blog this year. We’ve had a frantic end to the year and will be closing down for a few days over Christmas so wish you all a very merry Christmas and a prosperous new year. I look forward to helping you all […]

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