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Parkside Drive, Watford, WD17

London

£900,000
Listed on 21/11/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1938 sqft

Description

This substantial detached chalet bungalow boasts four bedrooms and two bathrooms, offering over 1,900 sq ft of adaptable living space. Set on Parkside Drive, the property directly adjoins the esteemed Cassiobury Park, providing a tranquil backdrop. The ground floor features a spacious lounge highlighted by an elegant fireplace, which connects to a large conservatory ideal for dining and relaxation while overlooking the sunny rear garden. The kitchen diner is generously sized and includes a separate utility room. Two well-proportioned double bedrooms are located on this floor, one equipped with built-in wardrobes, along with a family bathroom that includes a walk-in shower and an additional guest w/c. On the first floor, bedroom three has the added benefit of a sizeable storeroom that could be transformed into an ensuite or study, enhancing its functionality. Bedroom four features its own fully tiled ensuite shower room. The exterior offers a notable plot with an enviable south-facing garden that backs onto Cassiobury Park. This property not only provides a comfortable home but also presents significant possibilities for renovations or extensions to further unlock its potential (subject to relevant planning permissions). It is indeed a rare chance to acquire a generous family home in one of Watford's sought-after locales.

Investment Analysis

(WD17 area)

Below Market Value

This property is priced -9.4% below area average per sq ft

-9.4%
Potential saving
This Property
£464/sq ft
Area Average
£513/sq ft
Avg Rent (weekly)
£356
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£1,093,080
10% above area average per sq ft
Potential ROI
+9.3%
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

Parkside Drive, Watford, WD17
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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
£3,297
Based on a loan of £675,000 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