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Melbourne Road, Bushey WD23

London

£1,225,000
Listed on 28/04/2026

Property Details

Bedrooms
5
Type
Detached
Area
3821 sqft

Description

This substantial detached residence offers over 3,800 sq ft of living space, positioned behind a secure gated entrance on a quiet private road in Bushey. Ideal for car enthusiasts, the property features four garages along with an expansive driveway, providing ample storage solutions. The generous grounds include a large private garden, creating a perfect setting for outdoor activities or potential landscaping projects. Inside, the well-preserved layout presents an excellent opportunity for renovation and customization, with possibilities for extension subject to obtaining planning permissions. Located just moments from Bushey High Street, this property represents a rare chance to invest in a versatile home in a highly desirable area that seldom becomes available.

Investment Analysis

(WD23 area)

Below Market Value

This property is priced -40.8% below area average per sq ft

-40.8%
Potential saving
This Property
£321/sq ft
Area Average
£541/sq ft
Avg Rent (weekly)
£407
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£2,274,928
10% above area average per sq ft
Potential ROI
+69.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (WD23)

Area prices are rising by +5.8% over the last 12 months
3 year growth: -2.8%
5 year growth: +13.9%
Investment Disclaimer: Analysis based on WD23 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

Melbourne Road, Bushey WD23
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£4,339
Based on a loan of £918,750 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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