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Spring Close, Borehamwood, WD6

London

£525,000
Listed on 30/01/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
958 sqft

Description

This extended three-bedroom terraced house presents a unique opportunity for renovation and personalization, making it an ideal prospect for families and professionals looking to invest in their future. The property features a spacious kitchen/diner designed for modern living, with ample storage options that can be enhanced further. Each of the three bedrooms is well-sized, providing flexibility for various layout arrangements. There's substantial potential to expand the home through an extension to the rear or into the loft area, subject to obtaining the necessary planning permissions. Additionally, opportunities exist to add a downstairs guest WC, improving functionality. Outside, an outbuilding and large shed offer extra storage or workspace possibilities. Conveniently located just over half a mile from Elstree & Borehamwood train station and within walking distance to schools, parks, and shopping amenities, this property combines location with significant renovation potential, allowing buyers to create their ideal living space.

Investment Analysis

(WD6 area)

Above Market Value

This property is priced +5.1% above area average per sq ft

+5.1%
This Property
£548/sq ft
Area Average
£522/sq ft
Avg Rent (weekly)
£395
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£549,557
10% above area average per sq ft
Potential ROI
-2.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (WD6)

Area prices are falling by -3.4% over the last 12 months
3 year growth: -9.3%
5 year growth: +1.3%
Investment Disclaimer: Analysis based on WD6 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

Spring Close, Borehamwood, WD6
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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
£1,893
Based on a loan of £393,750 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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