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Woodmere Avenue, Watford

London

£450,000
Listed on 13/04/2026

Property Details

Bedrooms
1
Type
Bungalow
Area
529 sqft

Description

This semi-detached bungalow, once configured as a two-bedroom residence, presents a promising opportunity for renovation on the desirable Woodmere Avenue. Currently set up with a spacious double bedroom that features an inviting bay window allowing ample natural light, the property also includes an adaptable open-plan lounge and dining area, which could easily be reverted to a second bedroom if desired. The kitchen is functional with plenty of storage options, while the family bathroom completes the living space. The lounge further benefits from patio doors that lead to a generous garden, well-maintained yet offering considerable potential for landscaping or expansion. With the option to extend subject to planning permission (STPP), this bungalow is ripe for investment in a location that boasts convenient access to major transport routes and nearby amenities, including respected schools.

Investment Analysis

(WD24 area)

Above Market Value

This property is priced +64.1% above area average per sq ft

+64.1%
This Property
£851/sq ft
Area Average
£518/sq ft
Avg Rent (weekly)
£371
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£301,570
10% above area average per sq ft
Potential ROI
-40.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (WD24)

Area prices are rising by +3.4% over the last 12 months
3 year growth: +5.8%
5 year growth: +11.9%
Investment Disclaimer: Analysis based on WD24 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

Woodmere Avenue, 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
£1,594
Based on a loan of £337,500 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.

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