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Chorleywood Road, Rickmansworth, WD3 - Image 1
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Chorleywood Road, Rickmansworth, WD3

London

£1,000,000
Listed on 19/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
2404 sqft

Description

Nestled within a generous private plot, this detached bungalow presents an exciting opportunity for those looking to invest in a property with significant renovation potential. Spanning 2,404 sq ft, the existing home features three well-sized bedrooms and spacious living areas, providing a comfortable foundation that can be enhanced or reimagined according to your vision. What truly sets this property apart is the approved planning permission for a modern 4,600 sq ft residence. The proposed plans outline a striking architectural design that emphasizes open-plan living and abundant natural light through floor-to-ceiling windows. Future renovations could transform the space into a stunning family home, thoughtfully integrating outdoor areas that complement indoor living. The site reconfiguration not only maximizes functional space but also includes provisions for secure parking for up to five vehicles—an attractive feature in today’s market. Whether you’re inclined to restore the existing bungalow or take on the challenge of building a contemporary masterpiece, this property serves as a blank canvas rich with possibilities. Ideally situated in a desirable neighborhood known for its community feel and amenities, this property holds significant investment appeal. With thoughtful updates or new construction, you can create an exceptional home tailored to current lifestyle needs while adding value in an ever-evolving real estate market.

Investment Analysis

(WD3 area)

Below Market Value

This property is priced -28.8% below area average per sq ft

-28.8%
Potential saving
This Property
£416/sq ft
Area Average
£585/sq ft
Avg Rent (weekly)
£430
Avg Yield
3.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£300,000 - £500,000
Target Value
£1,545,916
10% above area average per sq ft
Potential ROI
+3.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (WD3)

Area prices are stable by +1.4% over the last 12 months
3 year growth: -4.7%
5 year growth: 10.6%
Investment Disclaimer: Analysis based on WD3 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

Chorleywood Road, Rickmansworth, WD3
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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
£3,663
Based on a loan of £750,000 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