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Homewood Avenue, Cuffley

London

£739,950
Listed on 02/11/2025

Property Details

Bedrooms
3
Type
Detached house
Area
775 sqft

Description

This charming three-bedroom detached home presents a unique opportunity for those looking to invest in a property with substantial renovation and extension potential. Nestled on a desirable street just off Tolmers Road, the home faces tranquil woodland at the rear, ensuring privacy and a serene outdoor environment. Conveniently located approximately 0.8 miles from British Rail services and within easy reach of local shops and amenities, this property strikes an excellent balance between accessibility and peaceful residential living. Its proximity to transport links makes it an appealing option for families or professionals seeking both comfort and convenience. Upon entering, you'll find a well-maintained interior featuring original elements that offer a foundation for modernization. The spacious ground floor includes a kitchen equipped with base units and space for essential appliances, alongside an adjoining dining area that opens onto the garden through double-glazed sliding doors. A welcoming lounge with a decorative marble fireplace enhances the living space, making it perfect for family gatherings or relaxing evenings. The first floor boasts three bedrooms, each with ample natural light from Georgian-style double-glazed windows. The master bedroom features fitted wardrobes while the other rooms provide flexible options for children's bedrooms or guest accommodations. The family bathroom offers functional amenities but would benefit from an update to suit contemporary tastes. Additional features include an inner alleyway leading to the garden, which is predominantly laid to lawn with established shrub borders, creating a pleasant outdoor retreat. The garage offers extra storage space or potential for conversion into additional living areas (subject to planning regulations). Overall, this property stands out as not only a comfortable family home but also as an attractive investment opportunity in a sought-after location with ample scope for updates or expansion to meet personal preferences or increase value over time.

Investment Analysis

(EN6 area)

Above Market Value

This property is priced +71.2% above area average per sq ft

+71.2%
This Property
£955/sq ft
Area Average
£558/sq ft
Avg Rent (weekly)
£392
Avg Yield
3.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£475,354
10% above area average per sq ft
Potential ROI
-39.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (EN6)

Area prices are rising by +2.5% over the last 12 months
3 year growth: 0.8%
5 year growth: 10.6%
Investment Disclaimer: Analysis based on EN6 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

Homewood Avenue, Cuffley
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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
£2,711
Based on a loan of £554,962 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