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First Avenue, Watford

London

£550,000
Listed on 19/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1055 sqft

Description

This three-bedroom semi-detached home presents a prime opportunity for renovation enthusiasts and investors in the sought-after WD25 area. The property boasts traditional features mixed with the potential for modern upgrades, making it an excellent candidate for enhancing both its aesthetic appeal and value. The generous living space includes a through lounge and dining area that could benefit from contemporary redesigns to maximize functionality. The kitchen, while functional, offers scope for complete modernization to meet current lifestyle demands. Upstairs, you will find three well-sized bedrooms, two of which are doubles, along with a family bathroom that would elevate the overall appeal of the home once updated. The rear garden provides additional outdoor space that could be transformed into an inviting retreat. With excellent transport links nearby, this property is not only suitable for families but also holds significant investment potential within an ever-popular locale.

Investment Analysis

(WD25 area)

Above Market Value

This property is priced +7.2% above area average per sq ft

+7.2%
This Property
£521/sq ft
Area Average
£486/sq ft
Avg Rent (weekly)
£394
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£564,119
10% above area average per sq ft
Potential ROI
-6.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (WD25)

Area prices are rising by +2.2% over the last 12 months
3 year growth: 7.0%
5 year growth: 14.2%
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 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,015
Based on a loan of £412,500 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE