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The Hoe, Carpenders Park, Watford WD19 - Image 1
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The Hoe, Carpenders Park, Watford WD19

London

£465,000
Listed on 24/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1227 sqft

Description

This end-of-chain, three-bedroom mid-terrace house presents a prime opportunity for renovation and investment. The property is currently in need of modernization, offering a blank canvas for those looking to create their ideal living space. The ground floor features a main reception room at the rear that overlooks the garden, alongside a dining area, kitchen, and flexible space that was previously a garage—ideal for use as another reception room or bedroom. Additionally, there is a convenient ground floor WC and a storage room. On the first floor, you will find three generously-sized double bedrooms along with a bathroom and separate WC. Externally, the property benefits from off-street parking at the front and boasts a substantial south-facing rear garden that measures approximately 45 feet, divided into two sections by a light fence. Situated within easy reach of local schools, shops, and transport links—particularly Carpenders Park Overground station which offers direct services to London Euston and Watford Junction—this residence holds considerable potential for enhancement. Please note: Council tax band E; EPC Rating E.

Investment Analysis

(WD19 area)

Below Market Value

This property is priced -27.8% below area average per sq ft

-27.8%
Potential saving
This Property
£379/sq ft
Area Average
£525/sq ft
Avg Rent (weekly)
£385
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £70,000
Target Value
£708,120
10% above area average per sq ft
Potential ROI
+32.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (WD19)

Area prices are rising by +2.3% over the last 12 months
3 year growth: +5.8%
5 year growth: +14.6%
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

The Hoe, Carpenders Park, Watford WD19
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,647
Based on a loan of £348,750 over 30 years at 3.91% 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.

Stamp Duty Calculator

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