Check out this 1 bed flat available for sale in West Watford through Purple Bricks  for £235,000
This has caught my eye as the dates on the listing are strange.  It’s newly listed today although it says open house on 12th December.  If I remember rightly this flat was initially listed for a little less @ £225k but don’t quote me on that!
Kings Avenue Watford
Does this mean a sale has fallen through as it’s been re-listed or did they simply take it down over Christmas and re-list at a high price as prices have gone up again? You’ll have to do your own detective work to find out.
In it’s current condition and from looking at the pictures I think you’d probably get around £900 per month in rent for this property which means a 4.6% yield which is good. And as this is a conversion there doesn’t appear to be a hefty service charge although it’s worth checking that too.
There is potential to extend into the loft here with planning permission granted already. Add another bedroom and take your rent to £1100 or your value to £280,000.  If you can do if for a reasonable price then it could be well worth exploring.
For the full details of the property CLICK HERE