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Green Lane, Watford, Hertfordshire, WD19 - Image 1
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Green Lane, Watford, Hertfordshire, WD19

London

£1,550,000
Listed on 06/03/2026

Property Details

Bedrooms
5
Type
Detached house
Area
2745 sqft

Description

This distinguished family residence, constructed in 1926, is now on the market for the first time in nearly seven decades, presenting a unique opportunity for buyers looking to invest in a property with significant potential for modernization or redevelopment, subject to obtaining the appropriate planning permissions. Set within an expansive plot of around 0.54 acres on a highly regarded residential street in the Bushey and Oxhey area, this home offers a canvas for personalisation. Upon entry, you are welcomed by a storm porch leading to a front reception room that sets the tone for the property’s charm. The ground floor layout includes multiple living spaces: a rear sitting room highlighted by a bay window and fireplace, alongside sliding doors that connect seamlessly to the verdant garden. The kitchen area is complemented by a sizable utility room and flows into an adjoining dining room ideal for family gatherings. Additional features include an office space linked to a bedroom, as well as practical amenities such as a shower room and cloakroom. The first floor boasts four spacious double bedrooms equipped with built-in storage solutions, catering well to families. A family bathroom serves this level along with access to a large balcony or terrace overlooking the expansive rear garden—a perfect retreat. Externally, the property is positioned back from the road with ample off-street parking facilitated by both a driveway and detached double garage. The front garden is enhanced by mature trees offering privacy, while the rear garden—established approximately 40 years ago—features diverse plantings providing both beauty and tranquillity, alongside areas designed for outdoor enjoyment. Situated within Oxhey, this location provides excellent transport links including proximity to Watford, the M1 motorway, and Bushey Station (approximately half a mile away) ensuring commuting to London Euston is efficient at roughly 20 minutes. Local amenities include reputable educational institutions such as Watford Boys and Girls Grammar Schools and easily accessible shopping options at Atria Shopping Centre in Watford.

Investment Analysis

(WD19 area)

Above Market Value

This property is priced +7.5% above area average per sq ft

+7.5%
This Property
£565/sq ft
Area Average
£525/sq ft
Avg Rent (weekly)
£378
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Target Value
£1,585,388
10% above area average per sq ft
Potential ROI
-5.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (WD19)

Area prices are stable by +1.4% over the last 12 months
3 year growth: +4.7%
5 year growth: +14.1%
Investment Disclaimer: Analysis based on WD19 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

Green Lane, Watford, Hertfordshire, WD19
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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
£5,590
Based on a loan of £1,162,500 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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