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Basildon Close, Watford

London

£300,000
Listed on 17/01/2026

Property Details

Bedrooms
2
Type
Flat
Area
646 sqft

Description

This ground floor apartment presents a unique opportunity for those looking to invest in a tranquil canal-side retreat. With direct access to picturesque communal gardens, it offers serene views of the Grand Union Canal, where you can enjoy watching passing boats and local wildlife from your own patio. The spacious two-bedroom, two-bathroom layout allows for significant personalization, making it an ideal canvas for buyers wishing to modernize and enhance their living space. Nestled in a quiet cul-de-sac, this property is conveniently positioned within walking distance to both Croxley Moors — perfect for dog walkers — and local amenities including schools and supermarkets. Notably, this flat includes a garage and an allocated parking space. The master bedroom benefits from an en-suite bathroom, while a further bedroom and main bathroom complete the apartment. This well-located property is just a short drive to Watford town centre and nearby parks but does require some updating before reaching its full potential. Offered with no upper chain.

Investment Analysis

(WD18 area)

Below Market Value

This property is priced -3.6% below area average per sq ft

-3.6%
Potential saving
This Property
£464/sq ft
Area Average
£482/sq ft
Avg Rent (weekly)
£381
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£342,403
10% above area average per sq ft
Potential ROI
+5.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (WD18)

Area prices are stable by -1.0% over the last 12 months
3 year growth: +5.1%
5 year growth: +3.7%
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

Basildon Close, Watford
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,063
Based on a loan of £225,000 over 30 years at 3.91% 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.

Price History

-16.7% since listed
£300,000£25,000(-7.7%)
06/04/2026
Current price
£325,000£34,950(-9.7%)
21/02/2026
£359,950Initial listing
18/01/2026

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