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Mill Way, Rickmansworth, WD3

London

£475,000

Listed on 09/07/2026

Property details

Bedrooms
2
Type
Semi Detached
Area
706 sqft

Description

This two-bedroom semi-detached home offers a solid foundation with considerable potential for renovation and extension (subject to planning permission). The property is conveniently situated near local amenities, transport options, and schools, making it an attractive choice for first-time buyers, downsizers, or investors seeking value-added opportunities. Upon entering, you are welcomed by a hallway leading to a front-facing living room that boasts a bay window and a feature fireplace. This space transitions into the kitchen equipped with fitted units and integrated appliances. The kitchen also provides access to a utility room with a WC, alongside a second reception area and an expansive conservatory that overlooks the rear garden, complete with French doors leading outside. Additionally, the conservatory connects directly to the garage for added convenience. The first floor features two well-sized double bedrooms; one offers fitted wardrobes while the other presents ample space for personal touches. The family bathroom is fully tiled and ready for modernisation. The rear garden is an inviting outdoor space with a patio bordered by mature hedges, ideal for those looking to create their own private oasis. Off-street parking and garage access add further appeal. Rickmansworth town centre nearby provides various shops, cafes, restaurants, and supermarkets. Commuters will appreciate the links to London via the Metropolitan and Chiltern line train services. With close proximity to major roadways like the M25 and being well-served by respected schools throughout all age groups, this property is perfectly positioned for both families and professionals alike.

Investment analysis

(WD3 area)

Above Market Value

This property is priced +16.5% above area average per sq ft

+16.5%
This Property
£673/sq ft
Area Average
£578/sq ft
Avg Rent (weekly)
£415
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£448,487
10% above area average per sq ft
Potential ROI
-14.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (WD3)

Area prices are stable by -1.5% over the last 12 months
3 year growth: -4.2%
5 year growth: +7.9%
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 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,794
Based on a loan of £356,250 over 30 years at 4.45% 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.

Stamp duty calculator

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