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Coates Way, Watford

London

£490,000
Listed on 03/09/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1268 sqft

Description

This semi-detached, three-bedroom home is situated in a sought-after residential area of Garston, known for its proximity to local amenities and schools such as Coates Way JMI and Nursery School. The location offers convenient access to major transport routes, including the M1 and M25 motorways, making it an ideal spot for commuters. Inside, the property features a spacious lounge/dining area that flows into a conservatory, providing an inviting space for relaxation or entertaining. The fitted kitchen is complemented by a utility area that leads out to the garden. On the upper level, you’ll find three well-proportioned bedrooms along with a family bathroom. This property presents significant renovation and investment potential. There is ample opportunity to extend or reconfigure (subject to planning permission), allowing future owners to tailor the home to their preferences. Additionally, the absence of an upper chain streamlines the buying process. Overall, this home not only offers comfortable living spaces but also a promising canvas for those looking to invest in property enhancement.

Investment Analysis

(WD25 area)

Below Market Value

This property is priced -20.5% below area average per sq ft

-20.5%
Potential saving
This Property
£386/sq ft
Area Average
£486/sq ft
Avg Rent (weekly)
£394
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£678,012
10% above area average per sq ft
Potential ROI
+23.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (WD25)

Area prices are rising by +2.2% over the last 12 months
3 year growth: 7.0%
5 year growth: 14.2%
Investment Disclaimer: Analysis based on WD25 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Coates Way, Watford
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,795
Based on a loan of £367,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE