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First Avenue, Watford

London

£550,000
Listed on 17/11/2025

Property Details

Bedrooms
3
Type
Semi Detached
Area
1055 sqft

Description

This semi-detached three-bedroom family home presents a promising opportunity for renovation and investment on a sought-after road in WD25. While the property currently showcases a blend of traditional appeal and modern comfort, there is significant potential to enhance its features further. The welcoming entrance leads to a spacious lounge and dining area, ideal for reconfiguration or updating to suit contemporary tastes. The existing kitchen, equipped with integrated appliances, overlooks the garden but could benefit from modernisation to maximise functionality and style.

Upstairs comprises three versatile bedrooms, including two generous doubles that can be transformed into en-suite spaces or tailored for additional storage solutions. The family bathroom is nicely appointed yet offers the chance for an upgrade to create an even more luxurious feel. With abundant natural light permeating through each room, this property can easily evolve into a stylish residence that meets today's demands, making it an attractive project for both homeowners and investors.

Investment Analysis

(WD25 area)

Above Market Value

This property is priced +7.1% above area average per sq ft

+7.1%
This Property
£521/sq ft
Area Average
£487/sq ft
Avg Rent (weekly)
£375
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£565,047
10% above area average per sq ft
Potential ROI
-4.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (WD25)

Area prices are stable by -1.8% over the last 12 months
3 year growth: +3.5%
5 year growth: +8.8%
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 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,962
Based on a loan of £412,500 over 30 years at 3.97% 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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