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Dodd Road, Watford

London

£575,000
Listed on 08/10/2025

Property Details

Bedrooms
4
Type
Terraced house

Description

This mid-terraced townhouse presents a solid opportunity for renovation and investment, located in a sought-after development in North Watford. With four generously sized bedrooms spread over three levels, the home offers ample space for family life or potential rental income. The property features a spacious reception area that welcomes plenty of natural light, creating a bright and airy atmosphere. The modern fitted kitchen is equipped with essential appliances and provides a functional layout that could benefit from some updates to maximize its usability. Additionally, there is an en-suite bathroom in the master bedroom as well as a family bathroom and an additional cloakroom, highlighting the practical design ideal for everyday living. Externally, the well-maintained rear garden includes both paved and lawned areas, offering an inviting outdoor space that can be transformed further into a personal sanctuary or entertainment area. The potential to extend the property (subject to planning permission) may allow you to customize it further to fit your needs or increase its market value. Parking is convenient with two designated spaces, easing any concerns about street parking. The location is particularly attractive for families and investors alike; it provides easy access to several transport links, including North Watford and Watford Junction stations as well as major roads like the M1 and M25. Furthermore, you will find reputable schools nearby along with local amenities and shopping options just a short distance away. This property not only serves as a comfortable home but also represents an investment opportunity with significant potential for improvement and growth in value.

Investment Analysis

(WD24 area)
Area Average
£525/sq ft
Avg Rent (weekly)
£353
Avg Yield
4.5%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (WD24)

Area prices are falling by +2.2% over the last 12 months
3 year growth: 1.1%
5 year growth: 9.1%
Investment Disclaimer: Analysis based on WD24 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

Dodd 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
£2,106
Based on a loan of £431,250 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