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Mill Way, Rickmansworth, WD3

London

£499,995
Listed on 07/01/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
706 sqft

Description

This two-bedroom semi-detached home presents an attractive opportunity for renovation and expansion, especially given its potential for extension (subject to planning permission). With no onward chain, it is conveniently situated near local amenities, transport links, and reputable schools, making it suitable for first-time buyers, downsizers, or investors looking to add value. Upon entering, you are greeted by a welcoming hallway that provides access to a front living room boasting a lovely bay window and a feature fireplace. The living area flows into the kitchen equipped with fitted units and integrated appliances. From here, you can access a practical utility room complete with a WC, as well as an additional reception space and a spacious conservatory that overlooks the rear garden through French doors. The first floor features two well-sized double bedrooms; one includes fitted wardrobes for added convenience. The family bathroom is fully tiled and well appointed. Outside, the rear garden offers a patio area surrounded by mature hedges and shrubs for privacy. There is also off-street parking available at the front along with a garage. Rickmansworth town center is nearby, providing access to boutique shops, eateries, and major supermarkets. Transport links include the Metropolitan and Chiltern line services to central London, while the M25 motorway is easily accessible at junctions 17 and 18. The area boasts good schooling options as well as ample recreational activities ranging from sports clubs to outdoor pursuits at Rickmansworth Aquadrome. This property is ideal for those looking to create their own space through thoughtful renovations.

Investment Analysis

(WD3 area)

Above Market Value

This property is priced +22.1% above area average per sq ft

+22.1%
This Property
£708/sq ft
Area Average
£580/sq ft
Avg Rent (weekly)
£436
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £75,000
Target Value
£450,389
10% above area average per sq ft
Potential ROI
-21.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (WD3)

Area prices are stable by +1.1% over the last 12 months
3 year growth: -6.6%
5 year growth: 8.5%
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

Mill Way, Rickmansworth, WD3
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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
£1,832
Based on a loan of £374,996 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