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Parkside Drive, Watford WD17

London

£900,000
Listed on 08/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1939 sqft

Description

This detached chalet bungalow, situated on the desirable Parkside Drive, offers an impressive four-bedroom layout spread across 1,900 sq ft. Its prime location backing onto the scenic Cassiobury Park presents an excellent opportunity for renovation and investment. The generous ground floor includes a spacious lounge with a notable fireplace and a large conservatory perfect for dining or relaxation while overlooking the south-facing garden. The kitchen diner is roomy and benefits from a separate utility space. Two well-sized double bedrooms are available on this level, one featuring fitted wardrobes, alongside a family bathroom equipped with a walk-in shower and an additional guest w/c. Upstairs, bedroom three boasts access to a substantial storeroom that holds promising potential for conversion into an ensuite or additional functional space, while bedroom four is complete with its own fully tiled ensuite shower room. Outside, the property occupies an enviable plot with direct access to the park, adding value to the property’s overall appeal. There is significant scope for further enhancement through garage conversions or extensions (subject to planning permissions), making this home an outstanding project for those looking to create their ideal residence in a coveted Watford location. Conveniently located close to reputable schools, local amenities, transport links to London, and major roadways makes this property not only attractive but also strategically positioned for future appreciation.

Investment Analysis

(WD17 area)

Below Market Value

This property is priced -9.5% below area average per sq ft

-9.5%
Potential saving
This Property
£464/sq ft
Area Average
£513/sq ft
Avg Rent (weekly)
£356
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£1,093,644
10% above area average per sq ft
Potential ROI
+10.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (WD17)

Area prices are falling by +9.7% over the last 12 months
3 year growth: 0.0%
5 year growth: -0.3%
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 WD17
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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
£3,297
Based on a loan of £675,000 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