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Malvern Way, Watford, WD3

London

£535,000
Listed on 05/05/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
597 sqft

Description

This charming two-bedroom semi-detached bungalow presents an attractive opportunity for renovation, situated in the sought-after area of Croxley Green. With no onward chain, it is perfect for those looking to make their mark on a property. The home has been held by the same owner for several years and could benefit from modern updates throughout. The spacious south-facing rear garden not only provides a lovely outdoor space but also overlooks Barton Way Recreation Ground, making it ideal for summer gatherings. Internally, the layout includes a lounge, kitchen, conservatory, two bedrooms, and a bathroom. There is significant potential for expansion, including loft conversion or extension, subject to necessary planning permissions. Its proximity to well-regarded schools and Croxley Green station enhances its appeal as an investment for families or professionals alike.

Investment Analysis

(WD3 area)

Above Market Value

This property is priced +54.5% above area average per sq ft

+54.5%
This Property
£896/sq ft
Area Average
£580/sq ft
Avg Rent (weekly)
£422
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£380,952
10% above area average per sq ft
Potential ROI
-33.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (WD3)

Area prices are stable by +1.0% over the last 12 months
3 year growth: -2.8%
5 year growth: +9.3%
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

Malvern Way, Watford, WD3
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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
£1,909
Based on a loan of £401,250 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.

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