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Hempstead Road, Watford, WD17

London

£1,000,000
Listed on 21/04/2026

Property Details

Bedrooms
4
Type
Detached
Area
1621 sqft

Description

This four-bedroom detached home presents a unique chance for buyers interested in a spacious property with significant renovation potential in a desirable area. The residence is set back from the road on a generous plot, offering not only bright and adaptable living spaces but also two sizeable reception rooms perfect for family gatherings and entertaining guests. The existing layout promotes natural light and versatility, catering well to modern living requirements. Outdoors, the expansive rear garden provides an excellent canvas for those looking to create their ideal outdoor space or even consider extensions (subject to necessary planning permissions). Additionally, the double-length garage adds valuable storage or possibilities for conversion into extra living space. Located within reach of respected schools, local shops, and leisure amenities such as The Grove, this property is particularly appealing for families seeking both comfort and convenience. This home is a rare find in today's market, offering ample opportunities for personalisation and value enhancement through thoughtful renovations.

Investment Analysis

(WD17 area)

Above Market Value

This property is priced +19.8% above area average per sq ft

+19.8%
This Property
£617/sq ft
Area Average
£515/sq ft
Avg Rent (weekly)
£370
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£917,940
10% above area average per sq ft
Potential ROI
-15.8%
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 -9.2% over the last 12 months
3 year growth: -0.2%
5 year growth: +4.3%
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, WD17
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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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