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Mill Way, Rickmansworth, WD3

London

£475,000
Listed on 21/04/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
706 sqft

Description

This two-bedroom semi-detached home is presented to the market without a forward chain and offers significant scope for renovation and enhancement. The property is conveniently situated near local shops, transport links, and schools, making it an appealing choice for first-time buyers, downsizers, or those looking to invest in a property with potential. Upon entering, you are greeted by a porch that leads into a hallway providing access to a front-facing living room featuring a bay window and an original fireplace that adds character. The living area connects to a kitchen fitted with various units and integrated appliances. A door from the kitchen opens up to a utility room complete with a WC, alongside another reception space and an expansive conservatory that overlooks the rear garden and offers direct access through French doors. Upstairs, you will find two spacious double bedrooms; one includes fitted wardrobes for added convenience. The family bathroom is fully tiled but could benefit from modernisation. The rear garden comes with a patio bordered by mature shrubs, while off-street parking and garage access are available at the front of the house. The vibrant town centre of Rickmansworth features an array of boutique shops, cafes, restaurants, and supermarkets. Excellent transport options via the Metropolitan and Chiltern lines connect residents directly to central London. With proximity to key motorway links (M25) and local recreational facilities such as parks and sports clubs, this property presents an excellent investment opportunity for anyone willing to embark on some refurbishment work.

Investment Analysis

(WD3 area)

Above Market Value

This property is priced +15.5% above area average per sq ft

+15.5%
This Property
£673/sq ft
Area Average
£583/sq ft
Avg Rent (weekly)
£433
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£452,564
10% above area average per sq ft
Potential ROI
-12.1%
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
11%
Properties sold annually

Local Market Trend (WD3)

Area prices are stable by +1.5% over the last 12 months
3 year growth: -5.0%
5 year growth: +8.6%
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 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,682
Based on a loan of £356,250 over 30 years at 3.91% 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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