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Devereux Drive, Cassiobury, Watford, Hertfordshire WD17 - Image 1
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Devereux Drive, Cassiobury, Watford, Hertfordshire WD17 - Image 3

Devereux Drive, Cassiobury, Watford, Hertfordshire WD17

London

£875,000
Listed on 06/10/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1823 sqft

Description

Nestled on a tranquil, tree-lined street in the desirable Cassiobury Estate, this spacious four-bedroom semi-detached home presents a solid foundation for renovation and investment. The property is offered with no onward chain, allowing for a seamless transition into ownership. Upon entering, you’re greeted by a bright entrance hallway that flows into a generously sized living room, enhanced by a charming bay window that invites natural light. At the rear of the home, a dining room provides lovely views of the south-facing garden and direct access to outdoor space. The kitchen is well-proportioned and offers enough area for dining, while practical features such as a guest cloakroom, utility room, and conservatory complete the ground floor layout. Upstairs, the property includes four reasonably sized bedrooms; two are equipped with built-in wardrobes, alongside a family bathroom and separate W/C. This layout provides ample accommodation for families or could be reconfigured to suit modern living preferences. The exterior boasts off-street parking and a secluded garden primarily laid to lawn, framed by mature shrubs which offer privacy. This outdoor space not only provides an opportunity for landscaping but also has significant potential for expansion (subject to planning permission) should the new owner wish to capitalize on it. Additionally, the property features an integral garage, partial double glazing, original parquet flooring that could be restored to its former glory, and gas central heating throughout. Located conveniently near local shops and well-regarded schools—including Cassiobury Infant and Junior School—this home is also within easy reach of the award-winning Cassiobury Park. For commuters, Watford town center and Watford Junction Station are easily accessible, enhancing its appeal as an investment opportunity in a thriving area. There’s great potential here for those looking to create their ideal home or invest in a promising property with multiple options for enhancement.

Investment Analysis

(WD17 area)

Below Market Value

This property is priced -7.6% below area average per sq ft

-7.6%
Potential saving
This Property
£480/sq ft
Area Average
£519/sq ft
Avg Rent (weekly)
£381
Avg Yield
4.3%

Renovation Potential

Est. Renovation Cost
£87,500 - £218,750
10-25% of property value
Target Value
£1,041,352
10% above area average per sq ft
Potential ROI
-4.8%
After renovation
Monthly Sales
9
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (WD17)

Area prices are falling by +6.1% over the last 12 months
3 year growth: -0.5%
5 year growth: -0.4%
Investment Disclaimer: Analysis based on WD17 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Devereux Drive, Cassiobury, Watford, Hertfordshire WD17
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