Maytree Crescent, Watford
London
£475,000
Listed on 09/09/2026
Listed on 09/09/2026
The listing
Property details
Bedrooms
3Type
TerracedArea
774 sqftFeatures
- Garden
- Parking
Description
This three-bedroom mid-terraced house is offered chain free and has scope for refurbishment and modernisation. The ground floor includes an entrance hall, an open-plan lounge and dining area, and a separate kitchen. Upstairs are two double bedrooms, a single bedroom, a family bathroom and loft access.
Outside, the property has a large rear garden and a front driveway with off-road parking for two cars. The listing notes that extension may be possible, subject to the necessary consents. The house is described as being in dated condition, with improvements required.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
41out of 100
Grade ELow opportunity
Confidence: MEDIUM
This chain-free three-bedroom terrace has a clear, manageable modernisation canvas: refreshed décor and flooring would update the living spaces, while the long rear garden offers scope for improved landscaping. The driveway parking and quiet cul-de-sac setting add practical appeal, and the photos show no obvious major structural issue.
The main drawback is the price: £475,000 is around 19% above the local average per square foot. Even with the relatively light £6,000–£18,000 refurb range, the asking price plus works leaves costs stretched against the local benchmark for this floor area; that comparison is not a forecast of the value after renovation. The project has useful scope, but the numbers make it a weak overall opportunity at this asking price.
Key opportunities
- Refresh the dated wallpaper, carpets and decorative finishes to give the lounge/diner and bedrooms a more contemporary feel.
- The long rear garden could be improved with considered landscaping, beyond its existing lawn, paths and patio areas.
- Two-car driveway parking and the chain-free sale are practical advantages for a buyer planning a light modernisation.
Key risks
- At £475,000, the purchase price plus the £6,000–£18,000 refurb range would leave the total outlay stretched against the local benchmark for a home of this floor area.
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Finance
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,794
Based on a loan of £356,250 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.
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