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WESTBURY ROAD, Watford

London

£580,000
Listed on 12/04/2025

Property Details

Bedrooms
5
Type
Terraced house
Area
1659 sqft

Description

This five-bedroom terraced house offers a substantial living space spread over four floors, presenting an exciting renovation opportunity for homeowners or investors looking to enhance its potential. Located near Girls Grammar School, the property is well-positioned for families seeking convenient access to educational facilities as well as being within walking distance to the town center and Watford Hospital. While the house currently serves as letting rooms, it will soon be available for vacant possession, allowing for a chain-free acquisition. The layout provides flexibility; on entering, you’re greeted by a hallway that connects to two spacious reception rooms, along with access to both a basement and first floor. Additionally, there are two kitchens in place, one of which connects to an antechamber hallway featuring a separate bathroom and WC. This layout could easily be reconfigured to create a self-contained annex or guest suite. The first floor comprises three bedrooms and another bathroom, while the staircase leads further up to an additional bedroom on the second floor. The small courtyard garden at the rear adds outdoor space that could be transformed into a pleasant retreat with some landscaping. With ample scope for updates and personal touches, this property caters perfectly to those who are eager to invest in a home that can grow with their needs or appeal in the rental market.

Investment Analysis

(WD18 area)

Below Market Value

This property is priced -27.6% below area average per sq ft

-27.6%
Potential saving
This Property
£350/sq ft
Area Average
£483/sq ft
Avg Rent (weekly)
£361
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£70,000 - £120,000
Target Value
£881,062
10% above area average per sq ft
Potential ROI
+25.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (WD18)

Area prices are stable by +0.6% over the last 12 months
3 year growth: 5.7%
5 year growth: 6.7%
Investment Disclaimer: Analysis based on WD18 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

WESTBURY ROAD, Watford
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,125
Based on a loan of £435,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE