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St. Marys Road, Watford, Hertfordshire, WD18 0EF - Image 1
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St. Marys Road, Watford, Hertfordshire, WD18 0EF - Image 8

St. Marys Road, Watford, Hertfordshire, WD18 0EF

London

£135,000
Listed on 24/03/2026

Property Details

Bedrooms
1
Type
Apartment
Area
357 sqft

Description

This ground-floor one-bedroom flat, located within a charming early 1900s house conversion, offers significant renovation potential in a prime residential area. Nestled on a desirable road just off Watford Ring Road, the property benefits from convenient access to local amenities including Watford Grammar School for Girls and the vibrant shopping options at the INTU and Harlequin centres across the street. Currently generating a rental income of around £950 per month, this flat presents an attractive investment opportunity with an estimated yield of about 7% per annum. While appealing to first-time buyers looking for a project, the property is also ideal for investors aiming to enhance its value through thoughtful refurbishment. This chain-free offering marks a great chance to enter a solid rental market in a sought-after location.

Investment Analysis

(WD18 area)

Below Market Value

This property is priced -21.2% below area average per sq ft

-21.2%
Potential saving
This Property
£378/sq ft
Area Average
£480/sq ft
Avg Rent (weekly)
£388
Avg Yield
5.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£188,555
10% above area average per sq ft
Potential ROI
+17.8%
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
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

St. Marys Road, Watford, Hertfordshire, WD18 0EF
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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
£487
Based on a loan of £101,250 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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