The Parade, Watford
- PROPERTY TYPE
Apartment
- BEDROOMS
8
- BATHROOMS
8
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Description
Palace Apartments, The Parade, Watford, WD17 1ND
Entire Block Investment Opportunity – 8 High-Specification Apartments
Marketed Exclusively by Warren Anthony Estate Agents
An exceptional opportunity to acquire Palace Apartments, a modern and stylish development comprising eight premium units in the heart of Watford Town Centre. Situated across the first and second floors, the block includes 4 x two-bedroom apartments, 2 x one-bedroom apartments and 2 x Super Studios, all finished to a high contemporary standard and designed for strong rental appeal.
Built in 2020, the development remains in excellent condition throughout. Every apartment benefits from at least one balcony and residents also enjoy access to a large rooftop communal terrace. All units are currently tenanted and full rent schedules along with rental yield information can be provided upon request.
Prime Town Centre Location
Perfectly positioned on The Parade, residents benefit from immediate access to Watford’s vibrant amenities. Cineworld, Hollywood Bowl and the Atria Shopping Centre are just 600 metres away, offering an excellent mix of retail, leisure and dining options. Restaurants, bars, fitness centres and everyday conveniences are all on the doorstep, making this a highly desirable location for professionals and commuters.
Excellent Transport Links
Both Watford Junction and Watford High Street stations are less than a mile from the development. Watford Junction provides fast and frequent services to London Euston in under 20 minutes, ensuring strong demand from London-based tenants seeking value, convenience and connectivity.
Modern Specification Throughout
Each apartment has been thoughtfully designed with quality finishes and practical layouts, including:
Secure video entry system
Balconies or terraces to all units
Fully fitted integrated kitchens
Stylish fully tiled bathrooms with underfloor heating
Bedrooms with fitted wardrobes
Wooden flooring to living areas and carpets to bedrooms
This impressive block offers a turnkey investment with minimal ongoing maintenance requirements and consistently strong rental prospects due to its location, specification and transport links.
The total rental income for 2025 totalled £147,960 proving a yield in the region of 7.3%, based on the current asking price.
Brochures
The Parade, Watford- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
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Affordability
About Warren Anthony Estate Agents, Watford
12 Market Street, Watford, WD18 0PD
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 34955515. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Warren Anthony Estate Agents, Watford. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.