Auction Watch

SDL Property Auctions Wed 25 Nov Guide £160,000+

SDL Property Auctions auction lot2 Braemar Court, Glencoe Road, Bushey, Hertfordshire WD23 3DT

2 bed flat (WD23 3DT), for sale by auction with SDL Property Auctions on 25 November 2026. Guide £160,000+.

Finance view and instant termsGet the free reportStreet View ↗

Finance view

Strong

Most bridging lenders would look at this lot. The loan that fits: Purchase bridge, as this is a home that can be let or sold as it is.

Likely loan
Up to 75% of the priceOn the purchase price
On the expected hammer
About £138,000The guide plus 15%
Example rate
0.75% to 0.95% a monthArrangement fee about 2%

In its favour

  • Inside the M25 (Hertsmere): the area lenders know best
  • Flood zone 1 (low risk)
  • Sold vacant

If you let it

Typical rent about £1,619 a month, a gross yield of 10.6% on the expected hammer. The rent supports a 75% buy-to-let mortgage (up to about £283,000), so refinancing out of a bridge works on these figures.

ONS average for a 2-bed home in Hertsmere, Sept 2026. Refinance test: rent covers the interest 125% at a 5.5% stress rate, as lenders test a limited company; personal borrowers are often tested harder.

Information a lender will need first

  • The lease length (years left)
What a lender will ask you for on a purchase bridge
  • Photo ID and proof of address
  • Proof of your deposit and where it came from
  • The legal pack, read by your solicitor before you bid
  • Your exit plan: sale or refinance, with evidence (comparables, or a mortgage in principle)
  • The lease, with the ground rent and service charge
  • A valuation, which the lender instructs
Get instant terms on this lot

We have access to lending of up to 75% of the purchase price, with up to 100% of the build cost. Tell us about the lot and we can put you in touch. Ratings and figures are a guide from the published facts, not an offer of finance or advice. Stations from NaPTAN.

Closest comparables

The nearest sales of homes like this one in the last two years, from HM Land Registry, graded the way a lender reads them. 143 similar sales within 1.5 km.

  1. Moderate £285,000 Jun 2026

    4 Bushey Park, Bushey House High Street, Bushey, WD23 1BJ (flat)

    The same kind of home, 233 m away, sold 5 months ago.

  2. Moderate £275,000 May 2026

    20 Bushey Park, Bushey House High Street, Bushey, WD23 1BJ (flat)

    The same kind of home, 233 m away, sold 6 months ago.

  3. Strong £298,450 Mar 2026

    4 Park Mews, Bushey, WD23 3EU (flat)

    The same kind of home, 195 m away, sold 8 months ago.

On the market now

Asking prices for 2-bed flats in WD23 on the property portals: their listings, opened in a new tab.

Rightmove ↗Zoopla ↗OnTheMarket ↗

Also at auction nearby

Sold prices: HM Land Registry Price Paid data, Crown copyright, Open Government Licence. Floor areas: the EPC register. Contains OS data © Crown copyright (Code-Point Open).

Lot details

Auction
SDL Property AuctionsWed 25 Nov
Guide price
Guide £160,000+Expected hammer is usually higher
Property
2 bed flat | Leasehold
Tenure
Leasehold
Occupancy
Vacant
Floor area
678 sq ftAuctioneer's figure
Planning
No conservation area or listing foundFrom planning.data.gov.uk, at the lot's postcode
Flood risk
Zone 1: lowEnvironment Agency flood map zone, at the lot's postcode

Auction finance snapshot

25% deposit required
£40,000
75% estimated bridging loan
£120,000

On the guide price. Lots usually sell above the guide: at the expected hammer (1.15× guide) the deposit would be £46,000. Stamp duty, the buyer's fee, legal costs and the lender's fees come on top. Illustrative only, not an offer of finance.

Get a decision in principle for bridging How much could you borrow?

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The report on this lot: free

  • Deal grade, A to E, with the working
  • Maximum bid on the refurb and the conversion route
  • Value after works and build cost
  • Profit at every hammer price, and a stress test
  • Sold comparables matched to floor areas
  • The legal pack: what it says and what to check

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Listing and legal pack on SDL Property Auctions' site ↗

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We have access to lending of up to 75% of the purchase price, with up to 100% of the build cost. Tell us about the lot and we can put you in touch.

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How often

Other lots in this SDL Property Auctions auction

  1. — 20 South Drive, Banstead, Surrey SM7 3BH Guide £450,000+£481 per sq ftFinance: Good 2 bed bungalow | Freehold · SDL Property Auctions
  2. — Flat 15, Snowman House, Abbey Road, London NW6 4DN Guide £200,000+£304 per sq ftFinance: Strong 2 bed flat | Leasehold · SDL Property Auctions
  3. — Flat E, 2 Wyfold Road, London SW6 6SJ Guide £285,000+£509 per sq ftFinance: Strong 1 bed flat | Leasehold · SDL Property Auctions

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