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Melbourne Road, Bushey WD23 - Image 1
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Melbourne Road, Bushey WD23

London

£1,300,000
Listed on 06/03/2026

Property Details

Bedrooms
5
Type
Detached
Area
3821 sqft

Description

This impressive detached residence boasts over 3,800 sq ft of space nestled behind a gated entrance on a private road in the desirable area of Bushey. With ample parking provided by four garages and a spacious driveway, this property is ideal for car enthusiasts or those needing significant storage. The expansive garden offers privacy and potential for landscaping or outdoor enhancements. Inside, while the home is well-maintained, it presents an excellent opportunity for refurbishment and modifications to create your dream living environment, including possible extensions subject to planning permissions. Situated just moments from Bushey High Street, this property represents a rare chance to invest in a substantial home that offers both versatility and potential appreciation in value.

Investment Analysis

(WD23 area)

Below Market Value

This property is priced -38.0% below area average per sq ft

-38.0%
Potential saving
This Property
£340/sq ft
Area Average
£549/sq ft
Avg Rent (weekly)
£427
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£2,306,031
10% above area average per sq ft
Potential ROI
+62.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (WD23)

Area prices are rising by +10.2% over the last 12 months
3 year growth: -1.0%
5 year growth: +18.1%
Investment Disclaimer: Analysis based on WD23 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

Melbourne Road, Bushey WD23
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£4,689
Based on a loan of £975,000 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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