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Chorleywood Road, Rickmansworth, WD3

London

£975,000
Listed on 19/04/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
2404 sqft

Description

Nestled on a spacious and secluded plot, this detached bungalow offers a rare opportunity for those looking to invest in property potential. Spanning 2,404 sq ft, the current residence features well-shaped rooms and a natural flow between living spaces that connects seamlessly with the outdoor gardens. However, the real value lies in its development possibilities. With planning permission secured for an ambitious new build of 4,600 sq ft, prospective owners can envision a striking modern home characterized by vast open-plan layouts, large windows that invite natural light, and meticulously designed gardens. The approved plans aim to transform this site into a contemporary family haven with ample parking for up to five vehicles while marrying style with practicality. Whether opting to renovate the existing structure or embark on creating a distinguished architectural statement, this property serves as an ideal platform for imaginative design and lifestyle enhancement.

Investment Analysis

(WD3 area)

Below Market Value

This property is priced -30.4% below area average per sq ft

-30.4%
Potential saving
This Property
£406/sq ft
Area Average
£583/sq ft
Avg Rent (weekly)
£433
Avg Yield
3.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£250,000 - £350,000
Target Value
£1,541,024
10% above area average per sq ft
Potential ROI
+16.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (WD3)

Area prices are stable by +1.5% over the last 12 months
3 year growth: -5.0%
5 year growth: +8.6%
Investment Disclaimer: Analysis based on WD3 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

Chorleywood Road, Rickmansworth, WD3
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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
£3,453
Based on a loan of £731,250 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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