I get quite a few calls from people with budgets around the £200k mark which these days doesn’t fetch you much in Watford  That said, here’s a nice example of an affordable 1 bed victorian conversion with off street parking being marketed by the lovely people at YOUR MOVE for just £185,000.
Flat on Leavesden Road - potential buy to let in watford
Plus points……

  1. It’s a conversion so unlike some of the newer one bed flats there seems to be plenty of space.
  2. It looks like it’s in pretty good condition.  Once you get rid of all the stuff inside it I’d suggest a lick of paint and it will look very appealing to tenants.
  3. Affordable
  4. Popular area – easy to find tenants
  5. Off Street Parking – rare

Negatives…..

  1. On the main road rather than one of the spurs off Leavesden rd
  2. Next to takeaway – although this could be a plus point if you love the smell of Indian food!
  3. No pic of the shower rm so what does it look like?

You could rent this flat for £795 comfortably but with a little tlc I think you could push the rent up to £895 which would give you a yield of 5.8% which is great for Watford.
Here are the full details:  http://www.rightmove.co.uk/property-for-sale/property-34784913.html
I wouldn’t be surprised if this has already sold but it’s still showing as available so why not go and have a look.