Worst House on the Street Logo
Hempstead Road, Watford - Image 1
Hempstead Road, Watford - Image 2
Hempstead Road, Watford - Image 3
Hempstead Road, Watford - Image 4
Hempstead Road, Watford - Image 5
Hempstead Road, Watford - Image 6
Hempstead Road, Watford - Image 7
Hempstead Road, Watford - Image 8
Hempstead Road, Watford - Image 9
Hempstead Road, Watford - Image 10
Hempstead Road, Watford - Image 11
Hempstead Road, Watford - Image 12
Hempstead Road, Watford - Image 13
Hempstead Road, Watford - Image 14
Hempstead Road, Watford - Image 15
Hempstead Road, Watford - Image 16

Hempstead Road, Watford

London

£700,000

Listed on 18/03/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
1025 sqft

Description

This two-bedroom detached bungalow is located on the desirable Hempstead Road in Watford, providing a unique opportunity for a complete overhaul. With the potential for extensive modernization, this property allows buyers to tailor their living space to personal tastes and specifications, significantly increasing its value (subject to necessary permissions). The layout includes two bedrooms, a living room, a dining area, a kitchen, and a bathroom, all in need of comprehensive renovation. Additionally, the property features a private garden and off-street parking, enhancing its attractiveness. Its prime location ensures convenient access to local amenities, transport options, and well-regarded schools, making it an ideal project for investors or those eager to embark on an exciting refurbishment journey in this sought-after neighborhood. Viewing is encouraged to fully appreciate the scope of what's possible.

Investment Analysis

(WD17 area)

Above Market Value

This property is priced +31.7% above area average per sq ft

+31.7%
This Property
£683/sq ft
Area Average
£519/sq ft
Avg Rent (weekly)
£366
Avg Yield
3.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£584,722
10% above area average per sq ft
Potential ROI
-26.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (WD17)

Area prices are falling by -2.2% over the last 12 months
3 year growth: -2.4%
5 year growth: +5.9%
Investment Disclaimer: Analysis based on WD17 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

Hempstead Road, Watford
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,645
Based on a loan of £525,000 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

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates