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Walton Road, Ware

East of England

£1,250,000
Listed on 05/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2390 sqft

Description

This property presents an exceptional development opportunity on the south side of Ware, where planning permission has been secured for the construction of two five-bedroom detached homes, each boasting approximately 3,610 square feet. Positioned on a substantial plot of just under one-third of an acre, the existing four-bedroom detached house offers a solid foundation for renovation or immediate occupancy. The current layout includes four spacious reception rooms, two bathrooms, and a garage, complemented by a generous driveway that provides ample parking space. The location is highly desirable, situated less than a mile from the town centre and mainline train station, making it attractive to potential investors or developers keen to capitalize on the growing demand for family homes in this area. With the existing residence providing comfortable living while plans for new builds are underway, this property holds significant potential for both immediate usability and long-term investment growth.

Investment Analysis

(SG12 area)

Above Market Value

This property is priced +9.7% above area average per sq ft

+9.7%
This Property
£523/sq ft
Area Average
£477/sq ft
Avg Rent (weekly)
£378
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£1,253,507
10% above area average per sq ft
Potential ROI
-7.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (SG12)

Area prices are stable by +0.6% over the last 12 months
3 year growth: 4.0%
5 year growth: 4.5%
Investment Disclaimer: Analysis based on SG12 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

Walton Road, Ware
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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
£4,579
Based on a loan of £937,500 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.

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