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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 family residence spans three floors, offering versatile living spaces that include a welcoming sitting room, an expansive kitchen/breakfast area, a dining zone, and a sizeable conservatory that opens up to the back garden. The first floor accommodates a principal bedroom alongside another spacious double bedroom and a family bathroom. On the top floor, you'll find an additional double bedroom, along with an office/bedroom 4 and a second bathroom. Outside, the property boasts front and rear gardens as well as a large outbuilding which presents significant potential for conversion into ancillary accommodation (subject to planning permission). Nestled in a tranquil semi-rural environment on Chequers Lane, this home is ideally located near Parmiter’s School (approximately 770 yards away) and offers convenient access to the M1 and M25 motorways as well as local amenities. With excellent transport connections available at nearby mainline railway stations in Watford, St Albans City, and Kings Langley, along with the historic charm of St Albans just a short distance away, this property not only provides ample living space but also holds considerable scope for enhancement and expansion in line with modern needs.

Investment Analysis

(WD25 area)

Below Market Value

This property is priced -22.6% below area average per sq ft

-22.6%
Potential saving
This Property
£379/sq ft
Area Average
£490/sq ft
Avg Rent (weekly)
£398
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £70,000
Target Value
£1,421,529
10% above area average per sq ft
Potential ROI
+32.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (WD25)

Area prices are stable by -2.0% over the last 12 months
3 year growth: +2.6%
5 year growth: +8.3%
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 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£3,542
Based on a loan of £750,000 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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