Summary - 29 VICARAGE ROAD WATFORD WD18 0DE
5 bed 5 bath Terraced
Ideal for investors targeting hospital staff and commuters.
Five-bedroom HMO layout across multiple floors
A five-bedroom HMO arranged over multiple floors, this Victorian terraced house is presented as a clear investment opportunity in central Watford. Two bedrooms have ensuites and there are three communal shower rooms, making the layout immediately suitable for multi-occupancy lettings. The property includes a private rear garden and is freehold.
Location is a major strength: the house sits within walking distance of Watford General Hospital, Watford town centre and multiple transport links including Watford Junction and Overground services. Strong local rental demand from hospital staff and commuters supports occupancy potential.
The building shows period features such as bay windows and gabled roof but requires work. Exterior issues and general maintenance needs have been noted; the property will need refurbishment to maximise rental yields. Crime levels in the immediate area are very high, so security improvements and careful tenant screening should be factored into operating costs.
Overall this is a compact, central HMO with ready-made income potential for an investor prepared to complete refurbishment and manage higher local crime risk. Buyers should budget for repairs, possible redecoration or upgrades, and confirm condition details in person or via survey before purchase.
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