London · WD3 4BT
Berry Lane, Chorleywood, Rickmansworth, Hertfordshire, WD3
© OpenStreetMap · click to open in maps
Asking price
£925,000
£392/sqft
Verdict
Overpriced by £295,050 vs similar nearby properties
What you could do with it
Estimated gross yields from current rental comps. Numbers are pre-cost — service, voids, mortgage, management still come off these.
Standard BTL
Best fit£7,500/mo
9.0% gross yield
Open-market tenant on a 12-month AST.
HMO (rooms)
£2,431/mo
2.9% gross yield
4–6 individual tenants, shared living. Highest yield, most management.
LHA / Section 8
£678/mo
0.8% gross yield
Council-paid tenant. Stable rent, longer tenancies, slight discount to market.
Council lease
£576/mo
0.7% gross yield
3–5 yr guaranteed-rent lease to a housing association. Hands-off.
Who is this for?
Quick read across the buyer personas. ✅ = good fit · ⚠ = workable with caveats · ❌ = look elsewhere.
Family home
Not the right shape for a family.
Standard BTL
9.0% gross — clears typical 5%+ break-even threshold.
HMO (rooms)
2.9% HMO yield is too low for the management overhead.
Buy + rent later
Rents would more than cover BTL mortgage costs if life changes.
The numbers
England (SDLT) · 75% LTV mortgage at 5.5% over 25 years (capital repayment).
Stamp duty
First-time buyer
£33,750
Home mover
£33,750
2nd home / BTL
£80,000
Mortgage @ 75% LTV
- Loan
- £693,750
- Deposit
- £231,250
- Per month
- £4,260
Cash you'd need to walk in (deposit + investor SDLT, before legal/survey): £311,250
Should you pay this?
Asking price is roughly £295,050 above what similar properties typically go for here.
You're paying £925,000. Comparable similar properties in this area suggest a market price of around £629,950.
Contains HM Land Registry data © Crown copyright and database right.
What it'd rent for
£7,500/month9% gross yield
Based on 72,459 live rentals in London · similar homes here average £1,843/mo.
Most landlords need 5%+ gross to break even after costs in this area, so this is a decent fallback if your plans shift.
Property features
- []
Loading nearby sold…
5-year price trend
Crime risk
Flood risk
Schools & Ofsted
No schools indexed yet for this postcode sector. The official sources below cover every UK postcode.
Catchments aren't published nationally; many schools use distance-from-school as the deciding factor. The links above give you the official data — only the local authority can confirm a specific year's catchment boundary.
Contains public sector information licensed under the Open Government Licence v3.0.
Share this analysis
Want unlimited saved searches, the full investor breakdown, and the what-if calculator? Try Pro free for 3 days.