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Cecil Street, Watford

London

£325,000
Listed on 19/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
724 sqft

Description

This two to three-bedroom terrace property presents an excellent opportunity for renovation and investment, situated on a favored residential street in North Watford. The home requires comprehensive modernization throughout, making it a blank canvas for those looking to create their ideal living space or capitalize on its rental potential. Inside, the layout features a living room and dining room that can be reimagined into an open-plan area, enhancing both functionality and appeal. The kitchen and bathroom are ready for updates, allowing new owners to design these spaces to their specifications. Upstairs, the property boasts two spacious double bedrooms, with the potential for a third bedroom accessible from the second, providing flexibility in usage. A rear garden offers additional outdoor space that could be transformed into a private retreat or entertaining area. The property is being sold with no upper chain, simplifying the buying process. With thoughtful renovations, this home could significantly increase in value while also becoming a comfortable residence in a thriving community. A viewing is recommended to fully appreciate its potential.

Investment Analysis

(WD24 area)

Below Market Value

This property is priced -14.4% below area average per sq ft

-14.4%
Potential saving
This Property
£449/sq ft
Area Average
£525/sq ft
Avg Rent (weekly)
£353
Avg Yield
4.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£417,752
10% above area average per sq ft
Potential ROI
+0.7%
After renovation
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

Cecil Street, 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
£1,191
Based on a loan of £243,750 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.

Next Steps

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