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Chequers Lane, WATFORD

London

£1,000,000

Listed on 07/04/2026

Property Details

Bedrooms
4
Type
Semi Detached
Area
2636 sqft

Description

This charming Victorian property offers a unique opportunity for investment and renovation in a tranquil semi-rural area. Spread over three levels, the home features versatile living spaces including a welcoming sitting room, a kitchen/breakfast area, and a generous conservatory that opens onto the rear garden. The first floor comprises a main bedroom, an additional double bedroom, and a family bathroom. The upper level presents another double bedroom, an office that can serve as a fourth bedroom, and an extra bathroom. The outdoor space includes both front and rear gardens along with a sizable outbuilding, which holds significant potential for conversion into additional living space (subject to planning permissions). With proximity to Parmiter’s School and excellent transport links to nearby towns such as Watford and St Albans City, this property not only provides expansive living accommodation but also the possibility for further enhancement or extension to maximize its value.

Investment Analysis

(WD25 area)

Below Market Value

This property is priced -22.2% below area average per sq ft

-22.2%
Potential saving
This Property
£379/sq ft
Area Average
£487/sq ft
Avg Rent (weekly)
£375
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£1,413,410
10% above area average per sq ft
Potential ROI
+34.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (WD25)

Area prices are stable by -1.6% over the last 12 months
3 year growth: +4.6%
5 year growth: +10.4%
Investment Disclaimer: Analysis based on WD25 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

Chequers Lane, WATFORD
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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
£3,778
Based on a loan of £750,000 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

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