About This Property

Discover what makes this home special

This modern two-bedroom, two-bathroom apartment is situated on the twelfth floor of The Exchange at Union Court, Watford. Boasting a spacious living/dining area with an open-plan kitchen and a private balcony, the property offers stunning views and abundant natural light, especially in the afternoon. The master bedroom benefits from an en-suite bathroom, while the second bedroom and main bathroom provide ample space for family or guests. Its location in Watford offers excellent connectivity to London and surrounding areas, making it ideal for commuters and professionals alike.

The Exchange is a contemporary development featuring high-quality finishes and thoughtful design, conveniently positioned close to Watford town centre. Residents enjoy easy access to local amenities, transport links, and green spaces, combining urban convenience with a comfortable living environment. This apartment represents a fantastic opportunity for both owner-occupiers and investors seeking a well-connected home in a growing market.

Property Features

The property includes a private balcony perfect for relaxing or entertaining, an en-suite bathroom attached to the master bedroom, and a well-designed open-plan kitchen integrated with the living and dining area. Additional features include a utility cupboard for storage, double-glazed windows for noise reduction and insulation, secure entry systems for safety, and the benefits of being located on a high floor, offering expansive views and increased privacy. The modern development ensures up-to-date amenities and quality construction standards.

BalconyEn-suite BathroomOpen-plan KitchenUtility CupboardDouble GlazingSecure Entry+2

Local Amenities

The apartment is located within walking distance of Watford Junction Station, providing frequent train services to London and other destinations. Watford High Street offers a variety of shops, restaurants, and cafes, while the nearby Cassiobury Park provides extensive green space for outdoor activities. Cultural venues such as the Watford Palace Theatre add to the vibrant community atmosphere. The area is well-served by bus routes and includes several reputable local schools, making it suitable for families and professionals alike.

Watford Junction StationWatford High StreetCassiobury ParkWatford Palace TheatreWestfield Shopping CentreBus Stops+1
Watford Junction Train Station (0.6 miles, 3 mins drive) • 20 mins to London

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
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Purchase Costs
Total Price£486,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£203/mo
Estimated Ground Rent£16/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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Compare Rates
Purchase Costs
Total Price£486,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£203/mo
Estimated Ground Rent£16/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Good Opportunity
68/100
ChallengingModerateGoodExcellent
Strong commuter links to London
Growing local economy and regeneration projects
Moderate rental yield compared to central London
Less international brand recognition than central London

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
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Get Advice
International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£486,000
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£203/mo
Estimated Ground Rent£16/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 £2,592/mo rent
Area Price Growth
+2.4%
Average annual increase
5-Year Value Forecast
£547,722
+£61,722 projected gain
5-Year Rent Forecast
£2,876/mo
Based on 2.1% annual growth
Price per Sq Ft£668
Annual Rent Income£31,104
10-Year ROI256%
Break-Even Point21 yrs

Property Value Projection

Based on 2.4% annual growth
£547,722
5yr
£617,283
10yr
£695,677
15yr
£784,028
20yr
£883,600
25yr
Current: £486,000

Monthly Rental Income

Based on 2.1% annual growth
£2,876
5yr
£3,191
10yr
£3,540
15yr
£3,928
20yr
£4,358
25yr
Current: £2,592/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-West-Facing Excellent
8h
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 Low
Afternoon Good
Evening Moderate
Bedroom 2
Morning Moderate
Afternoon Moderate
Evening Low

Location Scores

68
Walk Score
Somewhat Walkable
75
Transit Score
Excellent Transit
55
Bike Score
Bikeable
View Location Details

Future Developments Nearby

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

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£486,000
AvailableNB0000039560
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Property S6.12.05, Union Court

The Exchange Watford, Watford WD24 4AD
The Exchange Watford
2
Bedrooms
2
Bathrooms
728
Est. Sq ft
apartment
Type
Available Plot Numbers
Unit S6.12.05
1 plot(s) available
Ownershipleasehold

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£486,000Property S6.12.05, Union Court

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Property S6.12.05, Union Court
Property S6.12.05, Union CourtThe Exchange Watford£486,000

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