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First Avenue, Watford

London

£550,000
Listed on 17/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1055 sqft

Description

This three-bedroom semi-detached house presents a promising opportunity for renovation and investment. Situated on a sought-after street in WD25, the property combines enduring charm with potential for modern enhancements. Upon entering, you'll find a spacious hallway leading to a lounge and dining area bathed in natural light, ideal for reconfiguration or updating to suit contemporary tastes. The kitchen, while functional, could benefit from modernisation and improvement of storage solutions, particularly as it overlooks the rear garden which offers ample space for outdoor development or landscaping.<br><br>Upstairs, the layout includes three well-sized bedrooms; two generous doubles provide an excellent canvas for redesigning interiors to increase appeal. The current family bathroom is finished to acceptable standards but upgrading this space could significantly enhance comfort and value. With bright rooms throughout, this home has the potential to create a warm atmosphere while allowing for personal touches that reflect modern living needs.

Investment Analysis

(WD25 area)

Above Market Value

This property is priced +6.7% above area average per sq ft

+6.7%
This Property
£521/sq ft
Area Average
£489/sq ft
Avg Rent (weekly)
£411
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£567,194
10% above area average per sq ft
Potential ROI
-3.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (WD25)

Area prices are stable by +0.9% over the last 12 months
3 year growth: +4.8%
5 year growth: +11.9%
Investment Disclaimer: Analysis based on WD25 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

First Avenue, Watford
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,984
Based on a loan of £412,500 over 30 years at 4.06% 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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