Worst House on the Street Logo
Hempstead Road, Watford - Image 1
Hempstead Road, Watford - Image 2
Hempstead Road, Watford - Image 3
Hempstead Road, Watford - Image 4
Hempstead Road, Watford - Image 5
Hempstead Road, Watford - Image 6
Hempstead Road, Watford - Image 7
Hempstead Road, Watford - Image 8
Hempstead Road, Watford - Image 9
Hempstead Road, Watford - Image 10
Hempstead Road, Watford - Image 11
Hempstead Road, Watford - Image 12
Hempstead Road, Watford - Image 13
Hempstead Road, Watford - Image 14
Hempstead Road, Watford - Image 15
Hempstead Road, Watford - Image 16
Hempstead Road, Watford - Image 17
Hempstead Road, Watford - Image 18

Hempstead Road, Watford

London

£2,000,000

Listed on 18/06/2026

Property Details

Bedrooms
5
Type
Detached
Area
3084 sqft

Description

This detached family residence, situated in a desirable area of Hempstead Road, presents a unique opportunity for buyers with an eye for renovation and investment. While the property boasts spacious living with three versatile reception areas and a modern kitchen/diner equipped with essential appliances, there is ample scope for updates to enhance both style and functionality. The home features five well-proportioned bedrooms and multiple bathrooms, making it ideal for family living. Externally, the expansive landscaped rear garden offers potential for outdoor improvement or extension (subject to planning permissions), catering to those looking to maximize their investment. Additional advantages include driveway parking for several vehicles and proximity to excellent transport links as well as reputable schools, adding convenience for families. This property holds promise for those willing to invest in refurbishment to unlock its full potential.

Investment Analysis

(WD17 area)

Above Market Value

This property is priced +25.0% above area average per sq ft

+25.0%
This Property
£649/sq ft
Area Average
£519/sq ft
Avg Rent (weekly)
£366
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£1,759,299
10% above area average per sq ft
Potential ROI
-15.4%
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 -2.2% over the last 12 months
3 year growth: -2.4%
5 year growth: +5.9%
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
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£7,556
Based on a loan of £1,500,000 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

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates