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Bushey Mill Lane, Watford, WD24

London

£550,000

Listed on 26/06/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
1127 sqft

Description

This charming Victorian semi-detached house presents an opportunity for renovation enthusiasts or investors seeking a project with considerable potential. Boasting three generously sized bedrooms, the layout is well-suited for families or individuals who may wish to create a home office space. The property has retained notable period details and high ceilings that offer character and charm, but it is in need of modernisation, making it a blank canvas for those looking to enhance its original features. Situated in North Watford, close to local schools and amenities, along with easy access to North Watford Station, the location adds to its appeal. Upon entering, a spacious hallway welcomes you, leading into two light-filled reception rooms that provide a variety of possibilities for reconfiguration or updating. The kitchen/breakfast room offers plenty of space for dining and opens directly onto the rear garden—perfect for creating an indoor-outdoor living experience. A guest cloakroom is conveniently located on the ground floor as well. On the upper level, all three bedrooms offer ample space and flexibility for various uses, including potential renovations for en-suite bathrooms. The bathroom currently functions as a shower room but could be transformed into a modern family bathroom with some thoughtful updates. The private rear garden is particularly noteworthy; it's designed for tranquillity and relaxation with mature borders that grant privacy. Additionally, there’s a large workshop at the far end of the garden—ideal for storage or as a hobby space. With gated side access enhancing convenience, this property certainly embraces its renovation potential while providing an inviting outdoor haven.

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Investment analysis

(WD24 area)

Below Market Value

This property is priced -5.6% below area average per sq ft

-5.6%
Potential saving
This Property
£488/sq ft
Area Average
£517/sq ft
Avg Rent (weekly)
£375
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£640,801
10% above area average per sq ft
Potential ROI
+6.8%
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

Bushey Mill Lane, 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
£2,078
Based on a loan of £412,500 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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