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Banbury Street, Watford WD18 - Image 1
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Banbury Street, Watford WD18

London

£375,000
Listed on 06/10/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This mid-terraced character property presents a unique opportunity for renovation and investment, located in a desirable residential area of West Watford. The home features two reception rooms, providing ample space for living and entertaining. The kitchen includes a separate utility area, and the convenient cloakroom adds functionality to the ground floor layout. Upstairs, there are two double bedrooms; one equipped with an en-suite bathroom and the other featuring a wash basin and built-in shower. This configuration offers flexibility for future enhancements or reconfiguration. A manageable rear garden provides outdoor space that can be easily maintained or transformed into a more elaborate landscape. Potential buyers will find that this property is offered with no upper chain, which simplifies the purchasing process. There is significant scope for modernization throughout, allowing new owners to tailor the interior according to their preferences. Additionally, there is potential for extension, subject to planning permissions (STPP), making it an attractive option for investors looking to increase the property’s value. The location adds considerable appeal with its proximity to Watford Town Centre and local amenities, including shops, restaurants, and services. Excellent transport links are within easy reach, including Watford Junction and multiple train stations providing direct access to London. Families will appreciate being situated near well-regarded schools such as Watford Girls Grammar School and Watford Boys Grammar School. Nearby recreational facilities include Cassiobury Park—known for its playgrounds and natural beauty—as well as various cycle paths and additional parks like Oxhey Park. For those seeking leisure activities, the Watford Leisure Centre and Atria Shopping Centre offer extensive options just minutes away. Overall, this property combines character with potential in a sought-after location—a promising foundation for anyone looking to invest in their future home or rental opportunity.

Investment Analysis

(WD18 area)
Area Average
£477/sq ft
Avg Rent (weekly)
£384
Avg Yield
5.4%

Renovation Potential

Est. Renovation Cost
£37,500 - £93,750
10-25% of property value
Monthly Sales
13
Average per month
Market Turnover
29%
Properties sold annually

Local Market Trend (WD18)

Area prices are rising by +6.6% over the last 12 months
3 year growth: 7.4%
5 year growth: 9.4%
Investment Disclaimer: Analysis based on WD18 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Banbury Street, Watford WD18
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