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Coates Way, Watford

London

£490,000
Listed on 03/04/2025

Property Details

Bedrooms
3
Type
Semi Detached
Area
1268 sqft

Description

This three-bedroom semi-detached residence is situated in a desirable area of Garston, conveniently close to essential local amenities and reputable schools, including Coates Way JMI and Nursery School. The property features a spacious lounge/dining area, an extension in the form of a conservatory, and a fitted kitchen with an adjoining utility space that opens into the garden. Upstairs, you'll find three bedrooms paired with a family bathroom. There is significant potential for expansion (subject to planning permission) and various updates to enhance its appeal. Offered with no upper chain, this property represents an excellent opportunity for investors or those looking to create their ideal home through renovation.

Investment Analysis

(WD25 area)

Below Market Value

This property is priced -21.2% below area average per sq ft

-21.2%
Potential saving
This Property
£386/sq ft
Area Average
£490/sq ft
Avg Rent (weekly)
£398
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£683,801
10% above area average per sq ft
Potential ROI
+29.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (WD25)

Area prices are stable by -2.0% over the last 12 months
3 year growth: +2.6%
5 year growth: +8.3%
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 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,735
Based on a loan of £367,500 over 30 years at 3.91% 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.

Price History

-6.7% since listed
£490,000£10,000(-2.0%)
02/09/2025
Current price
£500,000£25,000(-4.8%)
03/05/2025
£525,000Initial listing
03/04/2025

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