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Richfield Road, Bushey, WD23 - Image 1
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Richfield Road, Bushey, WD23

London

£850,000
Listed on 08/10/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This well-proportioned three-bedroom detached chalet bungalow offers significant renovation and investment potential in a sought-after area of Bushey Heath. The property features a private garden, garage, and off-street parking, making it an appealing choice for those looking to enhance or reconfigure their living space. Upon entering, you are greeted by a spacious entrance hall that connects to two generous reception rooms, ideal for various layouts and designs. The separate kitchen/conservatory area boasts ample natural light and provides access to the garden through sliding doors. This space includes a range of wall and base units, an inset sink unit, gas hob with overhead extractor, and an electric wall-mounted oven, along with additional room for appliances—perfect for customization or modernization. On the lower level, you'll find two sizable bedrooms accompanied by a family bathroom featuring both a bath and a separate shower unit. Upstairs, the property offers two more bedrooms, with the larger one benefiting from an en-suite shower. There is considerable opportunity here to create additional living spaces or improve existing ones through refurbishment or expansion (subject to planning permissions). Located conveniently near multiple bus routes and within easy reach of the railway stations at Bushey and Watford, this residence benefits from accessibility to essential amenities. The surrounding area is rich in local shops, cafes, restaurants, and recreational spaces like Bushey Heath and Windmill Park. Additionally, respected schools are nearby, enhancing its appeal for families as well as investors. With no onward chain in place, this property presents an enticing opportunity for those interested in shaping their ideal home or looking for an investment that can be tailored to meet market demands.

Investment Analysis

(WD23 area)
Area Average
£546/sq ft
Avg Rent (weekly)
£436
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (WD23)

Area prices are rising by +9.7% over the last 12 months
3 year growth: 2.7%
5 year growth: 23.4%
Investment Disclaimer: Analysis based on WD23 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

Richfield Road, Bushey, WD23
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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
£3,114
Based on a loan of £637,500 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