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Parkside Drive, Watford

London

£1,000,000
Listed on 10/01/2026

Property Details

Bedrooms
4
Type
Detached house
Area
1725 sqft

Description

This four-bedroom detached house presents a promising project for those looking to invest in a property that requires complete refurbishment. Nestled in the desirable Cassiobury Estate and with direct access to the park, the home offers spacious accommodation including a living room, dining room, sunroom, kitchen, and breakfast room on the ground floor. The first floor accommodates four generously sized double bedrooms, complemented by a family bathroom and separate WC. With a good-sized rear garden and driveway parking leading to a garage at the front, this property holds significant potential for transformation. It is being sold with no upper chain, making it an attractive option for buyers ready to reimagine this space.

Investment Analysis

(WD17 area)

Above Market Value

This property is priced +13.1% above area average per sq ft

+13.1%
This Property
£580/sq ft
Area Average
£513/sq ft
Avg Rent (weekly)
£366
Avg Yield
4.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£972,659
10% above area average per sq ft
Potential ROI
-13.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (WD17)

Area prices are falling by +12.4% over the last 12 months
3 year growth: -2.7%
5 year growth: -2.3%
Investment Disclaimer: Analysis based on WD17 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

Parkside Drive, Watford
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£3,663
Based on a loan of £750,000 over 30 years at 4.19% 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE