About This Property

Discover what makes this home special

This stylish two-bedroom apartment at The Exchange, Union Court in Watford offers a modern and spacious living environment with a total area of 854 sq.ft. The property features an open-plan living and dining area with large windows that flood the space with natural light, a contemporary kitchen, and two well-sized bedrooms including a master with an en-suite bathroom. Located on the first floor, the apartment benefits from an east-facing aspect, providing pleasant morning sunlight and a bright, airy feel throughout the day.

Situated in the vibrant heart of Watford, this apartment is perfect for professionals and small families seeking convenient access to local amenities and excellent transport links. The Exchange development is known for its quality finishes and community atmosphere, making it an ideal home or investment opportunity in the WD24 postcode area.

Property Features

This property boasts an open-plan living and dining space that maximizes natural light and space efficiency, complemented by a modern kitchen equipped with integrated appliances. The master bedroom includes a private en-suite bathroom, enhancing comfort and convenience. Additional features include a utility room for practical storage, double-glazed windows for energy efficiency, and secure entry systems ensuring safety and privacy. The east-facing aspect ensures the apartment enjoys bright mornings and a welcoming atmosphere.

Open-plan living/diningEn-suite bathroomUtility roomModern kitchenDouble glazingSecure entry+2

Local Amenities

The Exchange is ideally located within walking distance of Watford Junction and Watford High Street stations, providing excellent rail connections to London and surrounding areas. Residents have easy access to Westfield Shopping Centre, offering a wide range of retail, dining, and entertainment options. Nearby educational institutions such as Watford Grammar Schools and Holy Rood Catholic Primary School cater to families with children. The area also benefits from green spaces like Bushey Park and cultural venues including Watford Palace Theatre, making it a well-rounded community for all lifestyles.

Watford Junction StationWatford High Street StationWestfield Shopping CentreWatford General HospitalBushey ParkWatford Palace Theatre+3
Watford Junction Train Station (0.3 miles, 3 mins drive) • 20 mins to London

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£435,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£181/mo
Estimated Ground Rent£15/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
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Purchase Costs
Total Price£435,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£181/mo
Estimated Ground Rent£15/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Attractive Investment
78/100
ChallengingModerateGoodExcellent
Proximity to London and strong transport links
High demand rental market in Watford
Good local schools attracting families
Moderate property price relative to London

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
Specialist international mortgagesSpeak to a broker experienced with non-UK resident buyers
Get Advice
International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£435,000
Mortgage Deposit (Min 25%)-
Stamp Duty + 2% Surcharge-
Legal Fees (Intl Complex)£3,500
AML & ID Verification£500
Bank Transfer Fees£1,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£181/mo
Estimated Ground Rent£15/mo
Mortgage-
Full Management (10%)-
Landlord's Insurance£35/mo
Est. Rent-
Net Monthly-
Key Considerations for International Buyers
+2% Stamp DutyAdditional surcharge for non-UK residents on property purchases
Higher DepositMost lenders require 25-40% deposit for non-UK residents
AML ComplianceEnhanced due diligence and source of funds verification required
Property ManagementFull management service recommended for overseas landlords

Investment Analytics

Key metrics for investors & buyers
Gross Rental Yield
6.6%
Based on £2,400/mo rent
Area Price Growth
+2.4%
Average annual increase
5-Year Value Forecast
£490,245
+£55,245 projected gain
5-Year Rent Forecast
£2,663/mo
Based on 2.1% annual growth
Price per Sq Ft£509
Annual Rent Income£28,800
10-Year ROI265%
Break-Even Point19 yrs

Property Value Projection

Based on 2.4% annual growth
£490,245
5yr
£552,506
10yr
£622,674
15yr
£701,754
20yr
£790,876
25yr
Current: £435,000

Monthly Rental Income

Based on 2.1% annual growth
£2,663
5yr
£2,954
10yr
£3,278
15yr
£3,637
20yr
£4,035
25yr
Current: £2,400/mo
* Projections are estimates based on historical market data and are not guaranteed. Past performance does not indicate future results.

Property Features

Local Area & Amenities

Floorplan

Ground Floor

Property Floorplan

Site Plan

Site Plan

Location

Commute Time Planner

London Euston
20 mins
45 mins
Heathrow Airport
40 mins
25 mins

Sun Path & Natural LightAI generated - Estimated

NESW
East-Facing Morning Sun
6h
Garden Sun (Summer)
Yes
Morning Sun
No
Afternoon Sun

Room-by-Room Light Analysis

Living/Dining Room
Morning Excellent
Afternoon Moderate
Evening Low
Kitchen
Morning Good
Afternoon Low
Evening Low
Bedroom 1
Morning Excellent
Afternoon Moderate
Evening Low
Bedroom 2
Morning Excellent
Afternoon Moderate
Evening Low

Location Scores

85
Walk Score
Very Walkable
80
Transit Score
Excellent Transit
70
Bike Score
Very Bikeable
View Location Details

Future Developments Nearby

Mixed-use Commercial and Residential+Positive Impact
Watford Town Centre Regeneration
0.2 milesEst. 2025
* Information based on local planning applications and may be subject to change

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£435,000
AvailableNB0000049190
View Location Analytics

Property S6.01.02, Union Court

The Exchange Watford, Watford WD24 4AD
The Exchange Watford
2
Bedrooms
2
Bathrooms
854
Est. Sq ft
apartment
Type
Ownershipleasehold

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£435,000Property S6.01.02, Union Court

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Property S6.01.02, Union Court
Property S6.01.02, Union CourtThe Exchange Watford£435,000

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