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About This Property

Discover what makes this home special

The Chestnut, located on Gosforth Lane in Watford, offers a modern and stylish two-bedroom, two-bathroom apartment priced competitively at £402,500. This property is ideal for professionals, couples, or small families looking for a comfortable living space with excellent connectivity to London and surrounding areas. The apartment benefits from a well-thought-out layout that maximizes natural light, particularly in the living spaces, and includes a private garden area facing south-east, perfect for morning sun and outdoor relaxation.

Set within a contemporary development, The Chestnut combines convenience with a peaceful residential environment. Its proximity to Watford Junction station ensures swift access to central London, making it an excellent choice for commuters. The surrounding area is well-served by local amenities, schools, and green spaces, enhancing the quality of life for residents. This property represents a strong investment opportunity, combining lifestyle appeal with solid growth potential in a thriving Hertfordshire town.

Property Features

This apartment boasts a private south-east facing garden that captures the morning sunlight, creating a bright and welcoming outdoor space. The two bathrooms include an en-suite for added privacy and convenience. The modern fitted kitchen comes equipped with integrated appliances and ample storage, designed for both functionality and style. Additional benefits include secure parking, double-glazed windows for noise reduction and insulation, and energy-efficient heating systems that help reduce running costs.

Private GardenTwo BathroomsModern KitchenSecure ParkingDouble GlazingEnergy Efficient Heating

Local Amenities

The Chestnut is well-positioned near Watford Junction station, providing excellent rail links to London and beyond. Residents have easy access to Cassiobury Park, one of the largest green spaces in Watford, ideal for outdoor activities and family outings. Essential services such as Tesco Superstore and Watford General Hospital are within a short drive or bus ride. The area is served by reputable schools including Watford Grammar School for Boys and Girls, making it attractive to families. Multiple bus routes further enhance local connectivity, ensuring residents can travel conveniently without reliance on a car.

Watford Junction StationCassiobury ParkTesco SuperstoreWatford General HospitalBus StopsWatford Grammar School for Boys+1
Watford Junction Train Station (1.4 miles, 6 mins drive) • 20 mins to London

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£402,500
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£168/mo
Estimated Ground Rent£13/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£402,500
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£168/mo
Estimated Ground Rent£13/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Good Opportunity
75/100
ChallengingModerateGoodExcellent
Strong rental demand due to proximity to London
Good transport links via Watford Junction
Stable local property market with moderate growth
Limited international school options nearby

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£402,500
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£168/mo
Estimated Ground Rent£13/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 £2,147/mo rent
Area Price Growth
+2.4%
Average annual increase
5-Year Value Forecast
£453,617
+£51,117 projected gain
5-Year Rent Forecast
£2,382/mo
Based on 2.1% annual growth
Price per Sq Ft£546
Annual Rent Income£25,764
10-Year ROI256%
Break-Even Point21 yrs

Property Value Projection

Based on 2.4% annual growth
£453,617
5yr
£511,227
10yr
£576,153
15yr
£649,324
20yr
£731,788
25yr
Current: £402,500

Monthly Rental Income

Based on 2.1% annual growth
£2,382
5yr
£2,643
10yr
£2,932
15yr
£3,253
20yr
£3,610
25yr
Current: £2,147/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

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
7h
Garden Sun (Summer)
Yes
Morning Sun
No
Afternoon Sun

Room-by-Room Light Analysis

Living Room
Morning Excellent
Afternoon Moderate
Evening Low
Master Bedroom
Morning Good
Afternoon Good
Evening Moderate

Location Scores

68
Walk Score
Somewhat Walkable
72
Transit Score
Excellent Transit
60
Bike Score
Bikeable
View Location Details

Future Developments Nearby

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

Loading location insights...

£402,500
AvailableNB0000028580
View Location Analytics

The Chestnut

Gosforth Lane, Watford WD19 7RD
Little Furze Place
2
Bedrooms
2
Bathrooms
737
Est. Sq ft
apartment
Type

Developer

Taylor Wimpey
Available Plot Numbers
45
1 plot(s) available
Ownershipleasehold

Request Information

£402,500The Chestnut

Enquire About This Property

The Chestnut
The ChestnutGosforth Lane£402,500

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