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Sotheron Road, Watford

London

£400,000
Listed on 30/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
911 sqft

Description

This mid-terraced house, located in the Estcourt Conservation Area of Watford, presents a promising opportunity for those looking to invest in a property with great potential for modernisation and expansion (subject to planning permission). The home features a spacious through lounge, two well-sized bedrooms, and an additional loft room that has already been equipped with electrics, plumbing, and insulation. The fitted kitchen is functional but could benefit from contemporary upgrades. The easily maintainable rear garden adds convenience, while the property benefits from permit parking for up to two vehicles. Situated centrally, this property is within easy reach of transport links including Watford Junction Station and major roadways such as the M1 and M25. Local amenities and recreational areas like Cassiobury Park are also just a short stroll away. Ideal for first-time buyers or investors eager to enhance its value through renovation.

Investment Analysis

(WD17 area)

Below Market Value

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

-14.4%
Potential saving
This Property
£439/sq ft
Area Average
£513/sq ft
Avg Rent (weekly)
£356
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£513,827
10% above area average per sq ft
Potential ROI
+16.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Sotheron 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
£1,465
Based on a loan of £300,000 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