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Byron Avenue, Watford, WD24

London

£425,000
Listed on 11/02/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
506 sqft

Description

This two-bedroom semi-detached bungalow presents an excellent opportunity for renovation and potential expansion in a desirable residential area. Located conveniently close to key transport links, local shops, and only a short walk to Watford Junction Station, the property is situated on a tranquil street, making it ideal for both families and downsizers alike. Inside, you’ll find a welcoming hallway that connects to a spacious reception room bathed in natural light, featuring modern herringbone flooring and a tasteful fireplace recess. The kitchen, while functional with built-in appliances and access to the garden, could benefit from updating to enhance its appeal. Both double bedrooms are generously sized and share the same stylish flooring, with the main room enjoying a bay window that adds character. The family bathroom is adequately fitted but may require updates to meet contemporary standards. The sizeable front garden holds promising potential for off-street parking (pending necessary permissions), while the rear garden showcases a substantial timber summer house/studio equipped with power—perfect for home office use or leisure activities. The large patio area is suited for outdoor entertaining, complemented by a neat lawn. Given its location and features, this bungalow holds significant investment potential for those willing to put in some effort to modernize it. The prospect of further development exists as well, subject to local planning consents. Early viewings are advised to appreciate the full scope of what this property can offer.

Investment Analysis

(WD24 area)

Above Market Value

This property is priced +63.3% above area average per sq ft

+63.3%
This Property
£840/sq ft
Area Average
£514/sq ft
Avg Rent (weekly)
£369
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£286,204
10% above area average per sq ft
Potential ROI
-38.5%
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
22%
Properties sold annually

Local Market Trend (WD24)

Area prices are rising by +3.5% over the last 12 months
3 year growth: +4.4%
5 year growth: +12.1%
Investment Disclaimer: Analysis based on WD24 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

Byron Avenue, Watford, WD24
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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
£1,533
Based on a loan of £318,750 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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