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Woodwaye, Watford WD19 - Image 1

Woodwaye, Watford WD19

London

£899,950
Listed on 06/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
2227 sqft

Description

This three-bedroom detached bungalow offers a unique opportunity for those looking to invest in a property with significant renovation and expansion potential. Located on a quiet and well-regarded street in Watford, the home is comfortably sized and presents a blank canvas for buyers wanting to personalize their living space. Inside, you'll find three spacious double bedrooms that are filled with natural light, providing comfortable accommodations for families or individuals. The stylish family bathroom features a walk-in shower, complemented by a separate WC that doubles as a utility room—an efficient use of space for everyday living. The heart of the home is the generous living room, designed for both relaxation and entertaining. It flows seamlessly into a large kitchen equipped with ample storage and workspace; this area also grants direct access to the expansive garden. The outdoor space is well-maintained and private, ideal for outdoor activities or simply unwinding after a long day. With the added benefit of loft extension potential (subject to planning permission), this property opens up exciting possibilities for future growth. The driveway offers off-street parking, enhancing convenience for residents and visitors alike. Situated in an attractive residential area, this bungalow boasts easy access to local shops, reputable schools—including those with outstanding Ofsted ratings—and excellent transport links. Bushey Railway Station is just a short walk away, providing quick connections to London Euston in as little as 16 minutes. Overall, this property stands out as an exceptional investment opportunity. While it is currently in good condition, there is ample scope for enhancement and personal touch. The generous plot size combined with the potential for further development truly add value to what could become your dream home. Viewing is strongly encouraged to appreciate its condition and explore its future possibilities fully.

Investment Analysis

(WD19 area)

Below Market Value

This property is priced -23.5% below area average per sq ft

-23.5%
Potential saving
This Property
£404/sq ft
Area Average
£528/sq ft
Avg Rent (weekly)
£444
Avg Yield
4.7%

Renovation Potential

Est. Renovation Cost
£89,995 - £224,988
10-25% of property value
Target Value
£1,293,809
10% above area average per sq ft
Potential ROI
+15.0%
After renovation
Monthly Sales
10
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (WD19)

Area prices are rising by +10.6% over the last 12 months
3 year growth: 13.5%
5 year growth: 21.6%
Investment Disclaimer: Analysis based on WD19 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

Woodwaye, Watford WD19
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