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Fearnley Street, Watford, WD18 - Image 1
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Fearnley Street, Watford, WD18

London

£320,000
Listed on 06/02/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
720 sqft

Description

This 2-bedroom terraced house, located in a central area, offers a valuable opportunity for cash buyers interested in renovation and investment. It features two spacious double bedrooms, making it an ideal layout for those seeking comfort and versatility. The property includes two distinct reception rooms, providing the flexibility to create a functional living or dining space to suit your needs. The bathroom is positioned conveniently off the landing, enhancing the flow of the interior. Outside, the private rear garden serves as a peaceful escape amidst the town's vibrant activity.<br><br>This home requires comprehensive refurbishment and presents itself as a blank canvas for buyers looking to implement their vision and make significant improvements. Its chain-free status adds to its appeal as a project that can be pursued without delay.

Investment Analysis

(WD18 area)

Below Market Value

This property is priced -7.3% below area average per sq ft

-7.3%
Potential saving
This Property
£444/sq ft
Area Average
£480/sq ft
Avg Rent (weekly)
£381
Avg Yield
5.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£379,764
10% above area average per sq ft
Potential ROI
-9.6%
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
21%
Properties sold annually

Local Market Trend (WD18)

Area prices are falling by -2.8% over the last 12 months
3 year growth: +4.6%
5 year growth: +3.9%
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

Fearnley Street, Watford, WD18
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,154
Based on a loan of £240,000 over 30 years at 4.06% 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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