4-bedroom terraced house · WD25 7GJ
Listing removedReduced £50k (−7.4%) on 3 JulListed 287 days
Opportunity summary
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About
A well-appointed and larger than average four-bedroom end-of-terrace townhouse, ideally positioned on this popular development built approximately 20 years ago.
The property offers flexible, well-proportioned accommodation arranged over three levels, making it ideal for modern family living.
The versatile layout is well planned and tastefully presented throughout.
Of particular note is the ground floor, which lends itself exceptionally well to multi-generational living, effectively functioning as a self-contained suite.
This level comprises an entrance hall, a large bedroom with walk-in wardrobe, a shower room/WC, a utility room, and a further reception room currently used as a living room, which opens directly onto a large patio area.
This space would be ideal for extended family, guests, or independent living arrangements.
The first floor offers a spacious formal living room with access to a sun terrace/balcony, a modern kitchen/breakfast room, and a separate study.
On the second floor, there are three bedrooms and a family bathroom, including a principal bedroom with an en-suite shower room and two further bedrooms.
Externally, the rear garden is level and larger than average, enclosed by timber panel fencing. It is mainly laid to lawn with a generous patio area, ideal for outdoor dining and entertaining.
Side access leads to the front of the property, where there is a driveway providing off-street parking for two vehicles.
The property is conveniently located for local shops, amenities, and Leavesden Country Park, and is less than 400 metres from Warner Bros.
Studios – The Making of Harry Potter, making it particularly appealing for those working at the Studios or within the surrounding area.
Watford’s Harlequin Shopping Centre is approximately 3.5 miles away, while Asda and Sainsbury’s superstores in North Watford are just 1.7 miles away.
Excellent transport links are nearby, with Kings Langley Station (mainline services to London Euston, approx. 25-minute journey) 3 miles away and Watford Junction 2.7 miles away.
Road links include the A41 (0.6 miles), M1 Junction 5 (2.9 miles), and M25 Junction 20 (3.1 miles). The area is well served by a range of highly regarded state and private schools.
Value & comps
No previous sales on record.
Returns
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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 2, Merlin Way, Watford
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