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Leavesden Road, Watford

London

£450,000
Listed on 07/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
925 sqft

Description

This mid-terraced house in North Watford presents an excellent investment opportunity with the potential for expansion (subject to planning permission). The interior features two spacious reception rooms and a modern fitted kitchen, catering well to both family living and entertaining. The three generously sized bedrooms are located off the landing, making it a suitable choice for families or investors looking to attract tenants. The well-maintained rear garden offers outdoor space that is ready for personal touches or enhancement. Located conveniently close to local shops, amenities, and transport links including Watford Junction station, this property is poised for those who wish to make it their own through cosmetic updates or more significant renovations. With no upper chain, it is ready for immediate consideration by first-time buyers or savvy investors looking for rental opportunities in a well-connected area.

Investment Analysis

(WD24 area)

Below Market Value

This property is priced -6.1% below area average per sq ft

-6.1%
Potential saving
This Property
£486/sq ft
Area Average
£518/sq ft
Avg Rent (weekly)
£371
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£527,319
10% above area average per sq ft
Potential ROI
+7.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (WD24)

Area prices are rising by +3.4% over the last 12 months
3 year growth: +5.8%
5 year growth: +11.9%
Investment Disclaimer: Analysis based on WD24 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

Leavesden Road, 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
£1,594
Based on a loan of £337,500 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.

Stamp Duty Calculator

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