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The Avenue, Watford

London

£1,350,000
Listed on 29/11/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2232 sqft

Description

Nestled on The Avenue, this spacious four-bedroom, two-bathroom detached residence spans over 2,200 sq. ft., presenting a promising opportunity for investors and homeowners alike. The property has been well-maintained, yet it holds significant potential for renovation and expansion (subject to planning permission). On the ground floor, you'll find a welcoming entrance hall that leads to a bright front lounge featuring a bay window and a charming fireplace. Adjacent is a second reception room with dual-aspect windows offering views of both front and rear gardens, alongside patio doors that provide access to the original veranda. This level also includes a separate study, a functional kitchen equipped with ample storage space and counters, a rear dining area, and a convenient guest cloakroom. The upper floor boasts four generously sized double bedrooms, highlighted by an impressive principal suite with built-in wardrobes and an en-suite bathroom complete with a jacuzzi bath and dual sinks. A family bathroom featuring four fixtures adds practicality to this spacious layout. The rear garden serves as an attractive outdoor space, showcasing beautifully landscaped extensive lawns bordered by mature trees and vibrant flowerbeds. A sizable patio area invites outdoor dining and social gatherings while providing privacy due to the garden's depth. The property stands out with its appealing curb presence enhanced by a substantial driveway and an attractive front garden, with options for additional parking if desired. Further advantages include a detached garage, side access points to the rear garden, double glazing throughout, and gas central heating. Conveniently located within walking distance of Watford Town Centre, leisure facilities, and transport links including Watford Junction and the Metropolitan Line ensures easy commuting options. The area is also served by several esteemed schools such as Watford Grammar School and Nascot Wood Junior School.

Investment Analysis

(WD17 area)

Above Market Value

This property is priced +18.0% above area average per sq ft

+18.0%
This Property
£605/sq ft
Area Average
£513/sq ft
Avg Rent (weekly)
£356
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£1,258,904
10% above area average per sq ft
Potential ROI
-12.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (WD17)

Area prices are falling by +9.7% over the last 12 months
3 year growth: 0.0%
5 year growth: -0.3%
Investment Disclaimer: Analysis based on WD17 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

The 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
£4,945
Based on a loan of £1,012,500 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.

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