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Rickmansworth Road, Watford

London

£450,000
Listed on 03/03/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
1062 sqft

Description

This classic three-bedroom terrace home offers a promising renovation opportunity located in a desirable area close to key amenities, including schools, public transport links, and green spaces. The property features two reception rooms, a glazed garden room, and a kitchen that benefits from an extension but requires modernisation. Each bedroom is of a good size, presenting ample potential for reconfiguration or enhancement. While the interior is tidy, it awaits updates to bring it up to contemporary standards. With UPVC double glazing and off-street parking already in place, this residence has the foundations for becoming an inviting family home. The property includes original features such as period fireplaces which could be restored as part of any refurbishment efforts. The outdoor space consists of a manageable garden with both patio and lawn areas, perfect for creating an appealing outdoor setting.

Investment Analysis

(WD18 area)

Below Market Value

This property is priced -11.8% below area average per sq ft

-11.8%
Potential saving
This Property
£424/sq ft
Area Average
£480/sq ft
Avg Rent (weekly)
£388
Avg Yield
5.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£560,911
10% above area average per sq ft
Potential ROI
+12.2%
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
15%
Properties sold annually

Local Market Trend (WD18)

Area prices are falling by -2.9% over the last 12 months
3 year growth: +4.3%
5 year growth: +3.2%
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

Rickmansworth Road, Watford
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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
£1,623
Based on a loan of £337,500 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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