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Southfield Avenue, Watford, WD24

London

£500,000

Listed on 09/06/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
904 sqft

Description

This three-bedroom semi-detached house offers a promising opportunity for buyers looking to make their mark through renovation. Located in a tranquil area with convenient access to major transportation routes and local amenities, the property is well-positioned for comfortable family living. Inside, the layout features a bright living room ideal for relaxing and entertaining, along with a kitchen that presents plenty of possibilities for modernisation. The upstairs accommodates three generously sized bedrooms, which can serve various purposes such as guest rooms or home offices, supplemented by a family bathroom. Notably, the loft space is already boarded and fitted with light and power, enhancing future potential. Benefiting from a combi boiler installed in 2022 and being sold without an upper chain means this home is primed for efficient acquisition and transformation. Whether you're a first-time buyer or an investor looking for a solid project in London, this property combines charm with substantial potential for enhancement.

Investment Analysis

(WD24 area)

Above Market Value

This property is priced +7.0% above area average per sq ft

+7.0%
This Property
£553/sq ft
Area Average
£517/sq ft
Avg Rent (weekly)
£375
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£514,005
10% above area average per sq ft
Potential ROI
-4.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (WD24)

Area prices are rising by +4.6% over the last 12 months
3 year growth: +5.2%
5 year growth: +11.0%
Investment Disclaimer: Analysis based on WD24 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

Southfield Avenue, Watford, WD24
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,889
Based on a loan of £375,000 over 30 years at 4.45% 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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