Shared ownership

1/16

Shared ownership

1/16

2 bed flat for sale Water Lane, Watford, WD17

Shared ownership

£252,000

Added on 16/09/2026

60% share · about £420,000 full value

Type: Flat
Bedrooms: 2
Bathrooms: 2
Size: £312 per sq ft
Tenure: Leasehold

EPC B 81

Key features

60% SHARED OWNERSHIP
CENTRAL WATFORD LOCATION
3RD FLOOR APARTMENT
MODERN INTERIOR THROUGHOUT
OPEN PLAN RECEPTION ROOM WITH MODERN INTEGRATED KITCHEN
TWO DOUBLE BEDROOMS
FAMILY BATHROOM & EN-SUITE TO MASTER
IDEAL FOR FIRST TIME BUYERS

About this property

** 60% SHARED OWNERSHIP ** Connells are pleased to present this immaculately maintained third-floor penthouse apartment, ideally located in the heart of Central Watford. Finished to a high standard throughout, the property features a bright and spacious open-plan living area with a modern, fully integrated kitchen, two generous double bedrooms, and a contemporary family bathroom. The principal bedroom further benefits from a stylish en-suite, while additional features include an air filtration system, a separate utility cupboard, a private enclosed balcony, access to a communal roof terrace, and allocated parking.

Floorplan

Energy performance

B 81

Current

Potential

92+

81-91

81 B

69-80

55-68

39-54

21-38

1-20

This home is rated band B, scoring 81 out of 100. The average British home is band D.

Read from the certificate published with this listing, so it may not be the latest one. Check the government EPC register for the full certificate and its recommendations.

Council tax

Ask agent

Per year

Band A

£1,604
Band B

£1,871
Band C

£2,139
Band D

£2,406
Band E

£2,940
Band F

£3,475
Band G

£4,010
Band H

£4,812

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Hertsmere, 2026/27 bills run from £1,604 a year in band A to £4,812 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Hertsmere, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Location

Water Lane, Watford, WD17

Open map Street View

Mortgage and stamp duty

Property price £252,000

£126k £378k

Deposit10% £25,000

£0 £252k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £227,000 mortgage. Most lenders would want a household income of about £51,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
Flat 25, Rainbow House, 24, Water Lane Flat / maisonette	Flat / maisonette	Mar 2025	807 sq ft £215/sq ft	807 sq ft	£215	£173,250
Flat 35, Rainbow House, 24, Water Lane Flat / maisonette	Flat / maisonette	Aug 2024	807 sq ft £195/sq ft	807 sq ft	£195	£157,500
Flat 26, Rainbow House, 24, Water Lane Flat / maisonette	Flat / maisonette	Feb 2019	807 sq ft £195/sq ft	807 sq ft	£195	£157,500
Flat 62, Rainbow House, 24, Water Lane Flat / maisonette	Flat / maisonette	Jan 2019	958 sq ft £389/sq ft	958 sq ft	£389	£373,000
Flat 36, Rainbow House, 24, Water Lane Flat / maisonette	Flat / maisonette	Jan 2019	807 sq ft £271/sq ft	807 sq ft	£271	£219,000
Flat 25, Rainbow House, 24, Water Lane Flat / maisonette	Flat / maisonette	Apr 2018	807 sq ft £204/sq ft	807 sq ft	£204	£165,000
Flat 6, Rainbow House, 24, Water Lane Flat / maisonette	Flat / maisonette	Aug 2017	807 sq ft £187/sq ft	807 sq ft	£187	£151,000
Flat 35, Rainbow House, 24, Water Lane Flat / maisonette	Flat / maisonette	Mar 2017	807 sq ft £190/sq ft	807 sq ft	£190	£153,000