Certainly in areas such as the bottom or Whippendell Road which will be close to the new Ascot Road station where prices have increased perhaps a little more rapidly than they have in other local areas. Watford estate agents
have been selling flats as “Close to new station” for some time now. This is not the only area to consider though with another large scale housing development planned in the area behind the hospital which will be very close to
the new Vicarage Road Stadium. I can’t comment on these flats/houses yet as they are not built or even close but they will certainly benefit from this transport link whether it’s inbound commuters to Watford – of which there are
more than you would believe or outbound commuters going into London.
My opinion is it is. If you’re in this for the long term then there will be significant benefits to buying close to these new stations. The tough part is the more savvy buyers have been investing in these areas for some time now
and have got the best deals while prices were much lower and the project was simply speculation.
If you’d like to discuss this project or any of the other development projects/proposals in Watford and how it might affect your current or future investments then I’d love to hear from you. You can reach me on 01923 375 300.
For more about us click here: What we do!