About This Property

Discover what makes this home special

This modern 2-bedroom, 2-bathroom apartment in The Exchange, Union Court, Watford, offers an excellent blend of contemporary living and convenient location. Situated on the twelfth floor, the property boasts a spacious living/dining area that opens onto a balcony with south-east facing views, allowing for ample natural light throughout the day. The master bedroom benefits from an en-suite bathroom, while a second bathroom serves the second bedroom and guests. With a well-designed kitchen and utility space, this apartment is ideal for professionals, small families, or investors seeking a property close to London with excellent transport links.

Located just under a mile from Watford Junction station, residents enjoy rapid access to central London and Heathrow Airport, making commuting straightforward and efficient. The surrounding area offers a variety of amenities including shops, parks, schools, and restaurants, all within walking distance. The ongoing Watford town centre regeneration project promises to enhance the local environment further, adding to the property's long-term appeal and potential for growth.

Property Features

The apartment features a bright and spacious living/dining room with access to a private balcony, perfect for relaxation or entertaining. The modern kitchen is efficiently designed with integrated appliances and ample storage. The master bedroom includes an en-suite bathroom, providing privacy and convenience. Additional features include a utility room and secure building access, ensuring comfort and security for residents.

BalconyEn-suite BathroomUtility RoomModern KitchenSpacious Living/Dining AreaTwelfth Floor+1

Local Amenities

The property benefits from proximity to Watford Junction station, offering excellent rail connections to London and beyond. Watford High Street provides a wide selection of shops, cafes, and restaurants, while Cassiobury Park offers extensive green space for outdoor activities. Local schools such as St Anthony's Catholic Primary and Westfield Academy cater well to families. Multiple bus routes serve the area, enhancing connectivity. Healthcare needs are covered by Watford General Hospital, located just a short drive away.

Watford Junction StationWatford High StreetCassiobury ParkWatford General HospitalBus ServicesLocal Shops+3
Watford Junction Train Station (0.9 miles, 4 mins drive) • 20 mins to London

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£430,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£179/mo
Estimated Ground Rent£14/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£430,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£179/mo
Estimated Ground Rent£14/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Good Opportunity
72/100
ChallengingModerateGoodExcellent
Proximity to London with fast train links
Strong local rental demand
Ongoing town centre regeneration
Moderate biking infrastructure

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£430,000
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£179/mo
Estimated Ground Rent£14/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
6.4%
Based on £2,293/mo rent
Area Price Growth
+2.4%
Average annual increase
5-Year Value Forecast
£484,610
+£54,610 projected gain
5-Year Rent Forecast
£2,544/mo
Based on 2.1% annual growth
Price per Sq Ft£614
Annual Rent Income£27,516
10-Year ROI256%
Break-Even Point21 yrs

Property Value Projection

Based on 2.4% annual growth
£484,610
5yr
£546,155
10yr
£615,517
15yr
£693,688
20yr
£781,786
25yr
Current: £430,000

Monthly Rental Income

Based on 2.1% annual growth
£2,544
5yr
£2,823
10yr
£3,132
15yr
£3,475
20yr
£3,855
25yr
Current: £2,293/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
40 mins
Heathrow Airport
50 mins
30 mins

Sun Path & Natural LightAI generated - Estimated

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

Room-by-Room Light Analysis

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

Location Scores

68
Walk Score
Somewhat Walkable
70
Transit Score
Excellent Transit
55
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Mixed Use (Residential & Commercial)+Positive Impact
Watford Town Centre Regeneration
0.3 milesEst. 2025
* Information based on local planning applications and may be subject to change

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£430,000
SoldNB0000039559
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Property S6.12.04, Union Court

The Exchange Watford, Watford WD24 4AD
The Exchange Watford
2
Bedrooms
2
Bathrooms
700
Est. Sq ft
apartment
Type
Ownershipleasehold

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£430,000Property S6.12.04, Union Court

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Property S6.12.04, Union Court
Property S6.12.04, Union CourtThe Exchange Watford£430,000

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