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Park Close, Rickmansworth, Hertfordshire WD3 - Image 1
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Park Close, Rickmansworth, Hertfordshire WD3

London

£1,950,000
Listed on 06/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
3046 sqft

Description

This substantial detached period residence rests discreetly on a private road, surrounded by a lush, south-facing garden that enhances its appeal. Offering great renovation and investment potential, the property features an impressive layout spread over two levels, providing ample space to create a personalized living environment. As you enter, a spacious reception hall welcomes you into the home. The ground floor is designed with versatility in mind, featuring a harmonious mix of formal and informal living spaces that cater well to both family activities and entertaining guests. Two elegantly appointed reception rooms flank the central hallway, showcasing original details such as polished wooden floors, high ceilings, and charming fireplaces — all trademarks of period architecture. A flexible family room is also situated at the front of the house; currently utilized as an occasional fifth bedroom with its own en suite bathroom, it provides ideal accommodations for guests or multi-generational family living. Towards the rear of the house lies a well-designed kitchen/breakfast area and a bright conservatory that seamlessly connects to an expansive stone terrace and beautifully landscaped garden beyond. Complementing this level are a utility room and a cloakroom for added convenience. Upstairs, the first floor accommodates four spacious double bedrooms along with a family bathroom, separate WC, en suite shower room, and dressing room. This setup offers flexibility for various living arrangements or potential renovations to suit your needs. The property is set back from the road, accessed via a gravel carriage driveway that offers generous parking space leading up to a large four-car garage equipped with remote-operated doors. The front garden is attractively maintained with mature borders and dual side access. The rear garden extends approximately 0.4 acres and has been thoughtfully landscaped to provide an enviable outdoor retreat complete with an expansive lawn bordered by mature trees and flowering shrubs. Its sunny orientation not only creates an inviting atmosphere but also offers tremendous potential for expansion or outdoor enhancements. Additional features such as a garden store and secluded woodland path elevate this outdoor space further. Positioned conveniently between Rickmansworth and Northwood, residents benefit from easy access to essential amenities. Rickmansworth town center is just three-quarters of a mile away, providing comprehensive shopping options including major retailers like Waitrose and Tesco. The local railway stations connect directly to London’s metropolitan areas via the Metropolitan Line or Chiltern services, while proximity to the M25 enables straightforward travel routes. Northwood's array of shops and dining establishments adds convenience to everyday life while offering diverse culinary experiences. Sports enthusiasts will find numerous clubs catering to golf, tennis, football

Investment Analysis

(WD3 area)

Above Market Value

This property is priced +8.1% above area average per sq ft

+8.1%
This Property
£640/sq ft
Area Average
£592/sq ft
Avg Rent (weekly)
£464
Avg Yield
3.2%

Renovation Potential

Est. Renovation Cost
£195,000 - £487,500
10-25% of property value
Target Value
£1,984,058
10% above area average per sq ft
Potential ROI
-18.6%
After renovation
Monthly Sales
15
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (WD3)

Area prices are stable by +0.7% over the last 12 months
3 year growth: -6.7%
5 year growth: 11.3%
Investment Disclaimer: Analysis based on WD3 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

Park Close, Rickmansworth, Hertfordshire WD3
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