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Albert Road North, Watford - Image 1
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Albert Road North, Watford

London

£850,000
Listed on 10/11/2025

Property Details

Bedrooms
5
Type
Detached house
Area
1787 sqft

Description

This spacious five-bedroom home presents an excellent opportunity for renovation and investment in a desirable area of Watford. Set on a generous plot, the property features multiple reception rooms that offer flexibility to adapt the space according to your needs. With a large garden, garage, and driveway, there is ample room for expansion or enhancement, making it an ideal candidate for reconfiguration—subject to relevant permissions. While the interior is bright and well-proportioned, it is in need of refurbishment, allowing new owners to personalize their living environment. The potential to transform this property into a modern family home or even consider subdivision into two separate dwellings adds significant value for those looking to invest. Location-wise, the property benefits from its proximity to Watford Junction station and the bustling town center, which is just a short walk away. This convenience not only enhances everyday living but also supports long-term rental demand and resale value. Offered with no upper chain, this home stands as a promising venture for buyers seeking to capitalize on its inherent potential while enjoying the advantages of a thriving community.

Investment Analysis

(WD17 area)

Below Market Value

This property is priced -7.2% below area average per sq ft

-7.2%
Potential saving
This Property
£476/sq ft
Area Average
£513/sq ft
Avg Rent (weekly)
£356
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Target Value
£1,007,913
10% above area average per sq ft
Potential ROI
+6.1%
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

Albert Road North, 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
£3,114
Based on a loan of £637,500 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