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Watford, Hertfordshire, WD18

London

£950,000
Listed on 14/01/2026

Property Details

Bedrooms
4
Type
Detached house
Area
2018 sqft

Description

This substantial five-bedroom residence presents an exceptional opportunity for both family living and investment potential. Nestled in a sought-after area, it features a thoughtful design and possesses planning permission to transform the property into three separate apartments along with a semi-detached house, making full use of its generous side space. Upon entering, you are greeted by a porch that leads to a central hallway. The ground floor boasts two spacious reception areas, one highlighted by a bay window and the other featuring patio doors that open to the garden, creating an ideal flow for both relaxation and entertaining. The large kitchen/dining area is perfect for family gatherings, accompanied by a practical ground-floor bathroom. The first floor contains four well-proportioned bedrooms, including two that offer access to a private rear balcony with serene views. A family bathroom serves this level effectively. The top floor features an additional bedroom nestled within the eaves, adding character to this unique home. Outside, the property benefits from ample garden space alongside an impressive outbuilding measuring approximately 44’4” x 14’4”, which holds potential for conversion into a workshop or studio. With its advantageous location providing easy access to Watford Town Centre's numerous amenities, including shops and transport links, this property is poised for significant development or refurbishment opportunities.

Investment Analysis

(WD18 area)

Below Market Value

This property is priced -2.3% below area average per sq ft

-2.3%
Potential saving
This Property
£471/sq ft
Area Average
£482/sq ft
Avg Rent (weekly)
£365
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £90,000
Target Value
£1,069,167
10% above area average per sq ft
Potential ROI
+2.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (WD18)

Area prices are falling by +2.6% over the last 12 months
3 year growth: 4.9%
5 year growth: 5.0%
Investment Disclaimer: Analysis based on WD18 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

Watford, Hertfordshire, WD18
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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
£3,480
Based on a loan of £712,500 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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