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Hillrise Avenue, Watford, WD24

London

£450,000
Listed on 05/02/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
624 sqft

Description

This two-bedroom semi-detached bungalow presents a promising investment opportunity for those looking to enhance a well-located property. Nestled in a tranquil residential area, the home is conveniently positioned near key transport links, including Watford North Station and major roadways such as the M1 and M25. The property features a spacious hallway leading to two generously sized double bedrooms, both providing ample natural light and pleasant views. The rear of the bungalow boasts a large reception room that flows into the garden, creating an ideal space for both living and entertaining. While the kitchen is functional with its existing units, there is significant potential for modernisation to elevate its appeal. A walk-in shower bathroom adds to the practicality of the layout. The exterior includes front and rear gardens that are currently in need of landscaping and updating, offering further chances for enhancement. With nearby amenities including shops and schools, this residence is well-suited for buyers eager to add value through renovation.

Investment Analysis

(WD24 area)

Above Market Value

This property is priced +40.2% above area average per sq ft

+40.2%
This Property
£721/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
£352,947
10% above area average per sq ft
Potential ROI
-28.0%
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

Hillrise 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
£1,623
Based on a loan of £337,500 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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