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Norfolk Road, Rickmansworth, Hertfordshire - Image 1
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Norfolk Road, Rickmansworth, Hertfordshire

London

£545,000
Listed on 03/11/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
606 sqft

Description

This two-bedroom home is positioned just a short walk from Rickmansworth Town Centre, providing immediate access to a variety of shops, dining options, and leisure activities. The property is chain-free, offering a seamless transition for potential buyers or investors looking to capitalize on its renovation possibilities. Inside, the residence features spacious and light-filled interiors. The ground floor includes a neutrally decorated reception area with laminate flooring that leads into a dining space and a fully functional kitchen. This layout creates an inviting environment for both everyday living and entertaining. Moving to the first floor, you’ll find a sizable master bedroom alongside a second bedroom and a family bathroom, all of which bear potential for updates and personalization. The outdoor space boasts a large, low-maintenance rear garden—an excellent canvas for landscaping or recreational enhancements. Given its prime location and existing structural integrity, this property represents not just a home but an investment opportunity ripe for modernization and expansion. With excellent transport links nearby, it’s well-situated for commuting, making it appealing to both homeowners and renters alike.

Investment Analysis

(WD3 area)

Above Market Value

This property is priced +53.8% above area average per sq ft

+53.8%
This Property
£899/sq ft
Area Average
£585/sq ft
Avg Rent (weekly)
£430
Avg Yield
3.6%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £10,000
Target Value
£389,694
10% above area average per sq ft
Potential ROI
-29.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Norfolk Road, Rickmansworth, Hertfordshire
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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
£1,996
Based on a loan of £408,750 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