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Tolpits Lane, Watford, Hertfordshire, WD18

London

£500,000

Listed on 11/08/2026

The listing

Property details

Bedrooms
3
Type
Terraced
Area
1424 sqft

Features

  • Garden
  • Parking

Description

This spacious three-bedroom terraced house presents a remarkable opportunity for renovation and investment. Located within walking distance of local amenities and transport links, the property features generous living spaces alongside a notably large rear garden that offers significant potential for landscaping or development, subject to the necessary permissions. The entrance greets you with a sizable hallway that leads to a versatile reception room and an ample kitchen, both with direct access to the expansive garden, enhancing indoor-outdoor connectivity. The garden includes a converted coal shed serving as a separate WC, while the sizeable outbuilding at the rear can be utilized as a home office, gym, or storage area—but not without considering any required consents. The first floor contains three well-sized double bedrooms and a family bathroom, making it ideal for families or as rental accommodation. The additional feature of off-street parking for two to three vehicles further enhances its appeal in this sought-after location. With possibilities to extend the structure (pending planning approval), this residence is perfect for those looking to adapt and enhance their living spaces or capitalize on investment opportunities.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

83out of 100
Grade AStrong opportunity

Confidence: MEDIUM

At £500,000, this spacious three-bedroom terrace is priced at £351 per sq ft, 27% below the local average—a strong opportunity to acquire well below the area’s typical price level. The reception room and photographed bedrooms look tidy and usable, while the older kitchen and bathroom finishes offer a clear medium-scale refresh opportunity rather than a property that appears to need a full internal overhaul.

The large rear garden, parking for two to three vehicles and substantial outbuilding give this project extra flexibility and scope to make the outside space work harder. The outbuilding’s condition and lawful uses are not established, and any extension would be subject to planning permission.

Key opportunities

  • Refresh the dated kitchen and bathroom while retaining the usable reception room and photographed bedrooms.
  • Make more of the long rear garden, which already has paving, raised planters and boundary fencing.
  • Explore practical uses for the substantial rear outbuilding and the stated extension potential, subject to condition, consents and planning.

Key risks

None recorded.

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Map

Location

Tolpits Lane, Watford, Hertfordshire, WD18
Loading map...

Transport

Nearest stations

  • Watford Underground Station

    0.8 miles

    Underground · Watford

  • Croxley Underground Station

    1.1 miles

    Underground · Croxley Green

  • Watford High Street Rail Station

    1.2 miles

    Train · Watford

  • Moor Park Underground Station

    1.3 miles

    Underground · Moor Park

Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.

Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 5.13%

Current average variable rate is 6.58%

Monthly Repayments
£2,043
Based on a loan of £375,000 over 30 years at 5.13% 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.

Tax

Stamp duty calculator

Indicative tax based on the asking price and the options you select.

Pricing

Price history

-4.8% since listed
£500,000£25,000(-4.8%)
04/10/2026
Current price
£525,000Initial listing
11/08/2026

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