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Watford Road, Radlett, Hertfordshire, WD7 - Image 1
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Watford Road, Radlett, Hertfordshire, WD7

London

£3,500,000
Listed on 08/01/2026

Property Details

Bedrooms
N/A
Type
Detached house

Description

This is a prime redevelopment opportunity situated on approximately 0.51 acres in a desirable locale. The property has recently received planning permission for the demolition of the existing dwelling, garage, and gym, paving the way for a new three-storey structure featuring eight three-bedroom flats. Each unit will boast generous spaces ranging from 1661 to 2014 square feet, complete with two underground parking spaces, balconies, and access to communal gardens. The project also includes provisions for electric vehicle charging points and cycle storage, enhancing its appeal in modern urban living. Located conveniently close to Radlett mainline station (Thameslink), which offers about a 20-minute journey to Kings Cross, this site is well-placed for both suburban tranquillity and urban amenities. This represents a noteworthy chance for developers eager to capitalize on the high demand in this sought-after area.

Investment Analysis

(WD7 area)
Area Average
£630/sq ft
Avg Rent (weekly)
£617
Avg Yield
3.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£1,500,000 - £2,000,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (WD7)

Area prices are falling by +5.6% over the last 12 months
3 year growth: -9.9%
5 year growth: 10.8%
Investment Disclaimer: Analysis based on WD7 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

Watford Road, Radlett, Hertfordshire, WD7
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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
£12,821
Based on a loan of £2,625,000 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.

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