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About This Property

Discover what makes this home special

This modern two-bedroom, two-bathroom apartment is situated on the sixth floor of The Exchange at Union Court in Watford, offering a stylish urban lifestyle with excellent connectivity. The spacious living and dining area opens onto a balcony facing south-west, providing ample natural light and pleasant afternoon sun. The property benefits from a well-designed kitchen, an en-suite bathroom attached to the master bedroom, and a separate family bathroom, making it ideal for professionals, couples, or small families.

Located just 0.6 miles from Watford Junction station, residents enjoy quick access to central London within 20 minutes, as well as convenient travel to Heathrow Airport. The area offers a balanced mix of amenities including shopping centers, schools, parks, and dining options, all within walking distance. With ongoing regeneration projects in Watford town centre, this property presents strong potential for future growth and investment.

Property Features

The apartment boasts a bright open-plan living and dining space that seamlessly connects to a balcony with south-west facing views, ideal for enjoying afternoon sunlight. The master bedroom includes a private en-suite bathroom, while the second bedroom is well-sized for guests or a home office. Additional features include a separate utility cupboard for storage and a contemporary kitchen equipped for everyday living. Situated on the sixth floor, the property offers elevated views and privacy within a secure building.

BalconyEn-suite bathroomUtility cupboardOpen-plan living/diningModern kitchenSixth floor apartment

Local Amenities

The property benefits from proximity to Watford Junction Station, providing excellent rail links to London and beyond. Watford High Street offers a vibrant retail and dining scene, while Cassiobury Park provides extensive green space for leisure and recreation. The area is well-served by reputable schools including Watford Grammar School for Boys and Girls, making it attractive for families. Healthcare needs are met by Watford General Hospital nearby. The Intu Watford Shopping Centre and various local supermarkets ensure convenient access to daily essentials.

Watford Junction StationWatford High StreetCassiobury ParkWatford General HospitalWatford Grammar School for BoysWatford Grammar School for Girls+4
Watford Junction Train Station (0.6 miles, 3 mins drive) • 20 mins to London

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£454,500
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£189/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-
Purchase Costs
Total Price£454,500
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£189/mo
Estimated Ground Rent£15/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Good Opportunity
68/100
ChallengingModerateGoodExcellent
Strong commuter links to London
Growing local economy with regeneration plans
Moderate rental yields compared to central London
Less international recognition compared to prime London areas

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£454,500
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£189/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
6.4%
Based on £2,424/mo rent
Area Price Growth
+2.4%
Average annual increase
5-Year Value Forecast
£512,221
+£57,721 projected gain
5-Year Rent Forecast
£2,689/mo
Based on 2.1% annual growth
Price per Sq Ft£635
Annual Rent Income£29,088
10-Year ROI256%
Break-Even Point21 yrs

Property Value Projection

Based on 2.4% annual growth
£512,221
5yr
£577,273
10yr
£650,587
15yr
£733,212
20yr
£826,329
25yr
Current: £454,500

Monthly Rental Income

Based on 2.1% annual growth
£2,689
5yr
£2,984
10yr
£3,311
15yr
£3,673
20yr
£4,075
25yr
Current: £2,424/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
35 mins

Sun Path & Natural LightAI generated - Estimated

NESW
South-West-Facing Excellent
7h
Garden Sun (Summer)
No
Morning Sun
Yes
Afternoon Sun

Room-by-Room Light Analysis

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

Location Scores

65
Walk Score
Somewhat Walkable
60
Transit Score
Good Transit
52
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Mixed Use (Residential and Commercial)+Positive Impact
Watford Town Centre Regeneration
0.5 milesEst. 2027
* Information based on local planning applications and may be subject to change

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£454,500
AvailableNB0000026804
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Property S6.06.05, Union Court

The Exchange Watford, Watford WD24 4AD
The Exchange Watford
2
Bedrooms
2
Bathrooms
716
Est. Sq ft
apartment
Type
Available Plot Numbers
Unit S6.06.05
1 plot(s) available
Ownershipleasehold

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£454,500Property S6.06.05, Union Court

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Property S6.06.05, Union Court
Property S6.06.05, Union CourtThe Exchange Watford£454,500

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