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Shaftesbury Road, WATFORD

London

£320,000
Listed on 08/11/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
715 sqft

Description

Situated in the thriving area of Watford, this two-bedroom house offers a promising canvas for those interested in renovation and investment. The property features a spacious reception room, providing a versatile area that can be customized to suit various design preferences and functional needs. Upon entering, the entrance porch sets the tone for the home, leading into the generous lounge and dining area. This space has potential for open-plan living or can be reconfigured to enhance its existing charm. The kitchen, while functional, presents numerous opportunities for modernization, allowing you to create an inviting culinary space. The first floor comprises two well-sized bedrooms that offer comfortable accommodations with potential for further enhancement or expansion. The bathroom also provides an opportunity for updates that can increase both comfort and value. Outside, the rear garden adds to the appeal of this property. It offers ample room for landscaping or outdoor entertaining, making it a great addition for personal enjoyment or as a rental feature. Located close to local amenities and parks, this house not only benefits from convenient access to shops and public transport but also sits within an area known for its growing demand in the housing market. With thoughtful renovations, this property could serve as an ideal home or a lucrative investment in an increasingly sought-after location.

Investment Analysis

(WD17 area)

Below Market Value

This property is priced -12.7% below area average per sq ft

-12.7%
Potential saving
This Property
£448/sq ft
Area Average
£513/sq ft
Avg Rent (weekly)
£356
Avg Yield
3.9%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£403,278
10% above area average per sq ft
Potential ROI
+16.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (WD17)

Area prices are falling by +9.7% over the last 12 months
3 year growth: 0.0%
5 year growth: -0.3%
Investment Disclaimer: Analysis based on WD17 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

Shaftesbury 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
£1,172
Based on a loan of £240,000 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