New home

1/26

New home

1/26

2 bed new development for sale Penn Road, Watford, WD24

Guide price

£455,000

Added on 16/09/2026

New home

Type: New development
Bedrooms: 2
Bathrooms: 1
Tenure: Leasehold; 998 years left(from the agent's description)

* From the agent's description. Check it with them before you rely on it.

Key features

Residents amenities include 24 hours concierge, gym, cinema room, business lounge and smart lockers
Roof gardens
Studio, 1 bed, 2 bed & 3 bed flats available
Rental yields of up to 6.6%
Close proximity to town centre, shops and restaurants
0.3 of a mile to Watford Junction station. 14mins to London Euston

About this property

Just five 2-bed apartments remaining. Ready for occupation

The Exchange is a place to meet, explore and enjoy life with excellent commuting connectivity. Gym; Concierge and Cinema

The Exchange is a sophisticated collection of homes that bring the best of city living to Watford. Set in 1.6 acres of green space just four minutes’ walk from Watford Junction station. The Exchange offers a fantastic lifestyle – mixing the buzz of the town and fast connections with access to parks and countryside to live in perfect balance.

Council tax

Ask agent

Per year

Band A

£1,631
Band B

£1,903
Band C

£2,175
Band D

£2,447
Band E

£2,990
Band F

£3,534
Band G

£4,078
Band H

£4,893

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Watford, 2026/27 bills run from £1,631 a year in band A to £4,893 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Watford, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Location

Penn Road, Watford, WD24

Open map Street View

Part of a development

This home is in Union Court. See the scheme's facilities, developer and other homes there.

Union Court

Berkeley Homes · Watford

View development

Mortgage and stamp duty

Property price £455,000

£227k £683k

Deposit10% £46,000

£0 £455k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £409,000 mortgage. Most lenders would want a household income of about £91,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales in WD24. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
7, Judge Street WD24 5AN Terraced	Terraced	Aug 2026	797 sq ft £540/sq ft	797 sq ft	£540	£430,000
13, Diamond Road WD24 5EN Terraced	Terraced	Aug 2026	1,130 sq ft £458/sq ft	1,130 sq ft	£458	£518,000
13, Victoria Road WD24 5AY Terraced	Terraced	Aug 2026	710 sq ft £521/sq ft	710 sq ft	£521	£370,000
9, Hillrise Avenue WD24 7NP Semi-detached	Semi-detached	Jul 2026	893 sq ft £604/sq ft	893 sq ft	£604	£540,000
19, Sandown Road WD24 7DH Semi-detached	Semi-detached	Jul 2026	1,098 sq ft £526/sq ft	1,098 sq ft	£526	£577,000
58, Knutsford Avenue WD24 7EG Semi-detached	Semi-detached	Jul 2026	1,227 sq ft £469/sq ft	1,227 sq ft	£469	£575,000
116, Sandringham Road WD24 7BE Terraced	Terraced	Jul 2026	1,119 sq ft £426/sq ft	1,119 sq ft	£426	£477,000
465, North Western Avenue WD24 5NX Semi-detached	Semi-detached	Jul 2026	1,033 sq ft £542/sq ft	1,033 sq ft	£542	£560,000