We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom terraced house
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description Offered on a chain free basis and situated on a sought after residential road is this larger than average three bedroom end of terrace house offering huge potential and requiring modernisation throughout.
The property offers spacious accommodation comprising an entrance hallway, generous through lounge, good size kitchen, inner lobby/utility and large shower room to the ground floor, whilst upstairs are three bedrooms, all accessed independently from the landing.
Externally, the property benefits from a large rear garden with a summer house and workshop, offering excellent scope for landscaping and further improvement.
Whilst requiring updating throughout, the property presents a fantastic opportunity for purchasers looking to create a home to their own taste and specification, with excellent potential to extend, subject to the usual planning consents.
This property is ideally situated on Sussex Road, known for its attractive residential setting and convenient access to local shops, schools and transport links, including Watford Junction Station.
Watford Town Centre is also within easy reach, whilst the nearby M1, M25 and A41 provide excellent road connections.
External: Brick wall enclosed front garden with hard standing (currently used as bin storage), step to UPVC obscured glazed double doors to:- Porch: Carpet flooring, continued obscured glazed porch windows to side, over and surrounding the door, letterbox, further obscured glazed wooden front door to:- Entrance Hallway: Carpet flooring, wooden wall panelling, wall mounted double radiator, cupboard (housing electric meter and consumer unit), wall mounted shelf and mirror, wall lights, coat hanging space, carpeted staircase to first floor landing, door to:- Living Room: 4.32m x 3.15m (14'2" x 10'4") , Open plan living/dining room, large UPVC stained glass lead light bay window to front (ensuring lots of light), wall mounted double thermostatic radiator, central gas fire with decorative stone hearth, surround, and wooden mantel, recessed glass shelves, carpet flooring, double width archway to:- Dining Room: 3.51m x 3.38m (11'6" x 11'1") , Continued carpet flooring, UPVC double glazed window to rear garden with wall mounted double thermostatic radiator under, understairs storage, ample space for six-seater dining table and chairs, glazed sliding door to:- Kitchen: 2.90m x 2.79m (9'6" x 9'2") , Fitted with a comprehensive range of full height and eye level Shaker style solid wood wall, base, and drawer units with decorative pelmets below, ample marble effect roll edge work surfaces with one and a half bowl stainless steel sink unit with single drainer and chrome mixer tap, eye level fitted double oven, four burner gas hob with concealed extractor hood over, space for free standing fridge/freezer, plumbing for slimline dishwasher, Lino flooring, recessed spotlights, UPVC double glazed windows to side, wall mounted double thermostatic radiator, glazed door to:- Inner Lobby: 2.90m x 1.47m (9'6" x 4'10") , Continued kitchen units and work surface space, a fantastic utility room currently housing additional freezer, plumbing for washing machine, (space for washing machine and tumble dryer if preferred), Lino flooring, coat hanging space, recessed spotlight, obscured double glazed UPVC door and further window to side (giving access to rear garden), further door to:- Ground Floor Shower Room: 2.90m x 2.51m (9'6" x 8'3") , Fitted with a three white piece suite comprising walk in shower cubicle with fixed glazed screen, thermostatic wall mounted shower and shower seat grips, concealed cistern, low flush W/C, vanity unit mounted wash hand basin, wall mounted mirror with courtesy lighting above, and further wall mounted units, tiled floor and tiled walls with decorative central border, spotlights on a rail, chrome heated towel rail, cupboard enclosing 'Worcester Bosch' branded combination boiler, obscured window to:- Garden Room: 3.28m x 2.82m (10'9" x 9'3") , Mainly glazed and wooden panel units, sliding patio doors to side, further French doors (overlooking the rear garden), tiled flooring, translucent roof, a welcoming addition.
First Floor Landing: Doors to bedrooms one, two, three, and over stairs storage cupboard, access to loft storage facility, carpet flooring, ceiling mounted smoke alarm.
Bedroom One: 4.37m x 3.58m (14'4" x 11'9") , A superb sized master bedroom benefitting wall to wall, floor to ceiling bespoke fitted wardrobes, with mirrored sliding doors, coat hanging, shoe storage and further internal cupboard space, large UPVC double glazed window to front (ensuring lots of light) with wall mounted double thermostatic radiator under, carpet flooring, ample space for king-size bed, bedside tables and chest of drawers.
Bedroom Two: 3.61m x 2.72m (11'10" x 8'11") , Another good size double bedroom, benefitting aluminium framed double glazed windows to rear with wall mounted thermostatic radiator under, coved ceiling, continued carpet flooring, ample space for double bed, wardrobe and chest of drawers.
Bedroom Three: 3.05m x 2.72m (10' x 8'11") , A superb sized third double bedroom which had previously been used as an additional W/C, aluminium framed double glazed windows to rear, wall mounted double thermostatic radiator, carpet flooring, fitted shelves and overhead cupboards, currently housing low flush W/C and wall mounted wash hand basin with twin taps.
Rear Garden: 18.29m (60') , Well fence panel and side gate enclosed, pathway leading to rear workshop, various flower beds containing mature shrubs, flowering plants and evergreens, well maintained central lawn, a lovely private rear garden with a stunning outlook.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Sussex Road, Watford
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