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Strangeways, Watford

London

£1,000,000
Listed on 05/05/2026

Property Details

Bedrooms
4
Type
Detached Bungalow
Area
2015 sqft

Description

This detached bungalow presents a unique investment opportunity in the desirable Nascot Wood area. With a well-designed layout that includes two spacious reception rooms and three generously sized bedrooms, the property offers flexible living spaces suitable for both families and individuals seeking ease of access. Notably, the self-contained annex is a significant asset, featuring its own reception area, kitchen, bedroom, and bathroom—ideal for multi-generational living arrangements or rental potential. The extensive planning permission already granted for front, rear, and loft extensions allows for further expansion and customization to potentially increase the property's value substantially. Although the home is well-maintained with updates like new electrics and a professionally refurbished roof, thoughtful renovations can elevate its appeal even more. Outside, the landscaped gardens and parking facilities add to its charm while offering space for further enhancements. Positioned close to local amenities and transport links, this property not only serves as a cozy residence but also as a promising project for those looking to invest in real estate with growth potential.

Investment Analysis

(WD17 area)

Below Market Value

This property is priced -4.1% below area average per sq ft

-4.1%
Potential saving
This Property
£496/sq ft
Area Average
£517/sq ft
Avg Rent (weekly)
£359
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£1,146,817
10% above area average per sq ft
Potential ROI
+4.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (WD17)

Area prices are falling by -6.2% over the last 12 months
3 year growth: -3.6%
5 year growth: +2.6%
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

Strangeways, Watford
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£3,568
Based on a loan of £750,000 over 30 years at 3.97% 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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