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Lammas Road, Watford, Hertfordshire, WD18 - Image 1
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Lammas Road, Watford, Hertfordshire, WD18

London

£390,000
Listed on 08/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
581 sqft

Description

This two-bedroom mid-terrace house is situated on the sought-after Lammas Road in Central Watford, an area known for its vibrant community and convenient amenities. The property showcases a blend of traditional characteristics and modern updates, presenting a solid foundation for either comfortable living or investment opportunities. On the ground floor, you'll find two spacious reception rooms that provide versatile space suitable for both entertaining and everyday living. The well-equipped kitchen offers ample storage solutions and integrated appliances, leading directly to a manageable rear garden. A practical family bathroom, featuring both a bathtub and an overhead shower, is also conveniently located on this level. Moving upstairs, the home comprises two double bedrooms that are filled with natural light. Both rooms have been neutrally decorated to allow for personal touches. The second bedroom features built-in wardrobe space, while the main bedroom provides an airy environment with generous proportions. The outdoor space includes a low-maintenance rear garden designed with both lawn and block paving elements, along with convenient rear access. On-street parking is available via permit, enhancing practicality for residents and visitors alike. Notably, there exists significant potential for future expansion of the property (subject to obtaining planning permission), offering promising prospects for long-term growth in value. The location of this home is particularly advantageous; it's a short distance from both Watford High Street and Watford Junction Station, providing excellent commuter links. A diverse selection of shops, restaurants, and respected schools—including sought-after options like Watford Grammar Schools—are all within easy reach. With its combination of character, strategic location, and renovation potential, this property presents an appealing opportunity for those looking to invest or settle into a thriving community.

Investment Analysis

(WD18 area)

Above Market Value

This property is priced +39.0% above area average per sq ft

+39.0%
This Property
£671/sq ft
Area Average
£483/sq ft
Avg Rent (weekly)
£361
Avg Yield
5.2%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£308,557
10% above area average per sq ft
Potential ROI
-26.5%
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

Lammas Road, Watford, Hertfordshire, WD18
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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
£1,429
Based on a loan of £292,500 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