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Lower Paddock Road, Watford, WD19 - Image 1
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Lower Paddock Road, Watford, WD19

London

£350,000

Listed on 15/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
732 sqft

Description

This three-bedroom terraced property presents a significant opportunity for investment, with the potential for extensive refurbishment. Currently in need of complete renovation, this house allows for a blank canvas in which to create a modern home tailored to one’s specifications. Its location on Lower Paddock Road is particularly advantageous, surrounded by properties that have achieved higher market values following successful renovations. The required work is substantial, addressing structural elements, essential services, and interior finishes—this level of intervention can unlock considerable value for the savvy buyer. With the right vision and execution, this property could transform into a desirable home within a community known for its charm and convenient transport links to London via Bushey Station. The existing layout consists of a front living area leading to a dining section and galley kitchen, complemented by a bathroom on the ground floor. This configuration is primed for an open-plan redesign that has proven popular among similar homes in the area. The first floor accommodates three bedrooms; notably, the principal bedroom is spacious compared to typical offerings in this style and era, while the layout is flexible enough to facilitate creative reconfigurations.

Investment Analysis

(WD19 area)

Below Market Value

This property is priced -8.5% below area average per sq ft

-8.5%
Potential saving
This Property
£478/sq ft
Area Average
£522/sq ft
Avg Rent (weekly)
£378
Avg Yield
4.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£420,677
10% above area average per sq ft
Potential ROI
-4.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (WD19)

Area prices are rising by +2.2% over the last 12 months
3 year growth: +6.9%
5 year growth: +14.3%
Investment Disclaimer: Analysis based on WD19 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

Lower Paddock Road, Watford, WD19
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,249
Based on a loan of £262,500 over 30 years at 3.97% 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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