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Bucknalls Lane, Watford, Hertfordshire WD25

London

£1,150,000
Listed on 06/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
3681 sqft

Description

Nestled on a spacious 0.26-acre lot in Garston, this three-bedroom detached home presents a distinctive opportunity for those seeking a property with renovation potential and room for growth. Upon entry, the property greets you with a light-filled porch that leads to a broad hallway, setting the stage for the well-defined living areas. The ground floor features a formal sitting room and an adjoining dining room, both of which showcase the home's inherent character. The kitchen is adequately sized and includes a utility area, along with an extra storage room to enhance functionality. Ascending the grand staircase, you'll find three ample bedrooms, each offering significant built-in storage solutions. The family bathroom serves these rooms, complemented by a spacious landing that creates an inviting atmosphere at the top of the stairs. One of the standout features of this property is its extensive outdoor space. The rear yard is home to several outbuildings, including a sizable structure that has potential use as either a detached bungalow or an annex—subject to obtaining the necessary planning permissions. Currently, these outbuildings comprise a bar/kitchen area and another room suitable for dining or entertaining guests, complete with an external seating area. The front driveway is generously proportioned, with gated side access accommodating extra vehicles—capable of parking up to 12-15 cars. This feature adds convenience and flexibility for larger families or those needing additional parking. With its large plot size and versatile outbuilding options, this residence not only offers comfortable living but also represents a significant investment opportunity in a sought-after location. Ideal for families or individuals looking to create their dream home while also exploring potential development avenues.

Investment Analysis

(WD25 area)

Below Market Value

This property is priced -36.0% below area average per sq ft

-36.0%
Potential saving
This Property
£312/sq ft
Area Average
£488/sq ft
Avg Rent (weekly)
£397
Avg Yield
3.8%

Renovation Potential

Est. Renovation Cost
£115,000 - £287,500
10-25% of property value
Target Value
£1,976,568
10% above area average per sq ft
Potential ROI
+37.5%
After renovation
Monthly Sales
9
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (WD25)

Area prices are rising by +4.7% over the last 12 months
3 year growth: 7.8%
5 year growth: 16.6%
Investment Disclaimer: Analysis based on WD25 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

Bucknalls Lane, Watford, Hertfordshire WD25
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