Worst House on the Street Logo
Hempstead Road, Watford WD17 - Image 1
Hempstead Road, Watford WD17 - Image 2
Hempstead Road, Watford WD17 - Image 3
Hempstead Road, Watford WD17 - Image 4
Hempstead Road, Watford WD17 - Image 5
Hempstead Road, Watford WD17 - Image 6
Hempstead Road, Watford WD17 - Image 7
Hempstead Road, Watford WD17 - Image 8
Hempstead Road, Watford WD17 - Image 9
Hempstead Road, Watford WD17 - Image 10
Hempstead Road, Watford WD17 - Image 11
Hempstead Road, Watford WD17 - Image 12
Hempstead Road, Watford WD17 - Image 13
Hempstead Road, Watford WD17 - Image 14
Hempstead Road, Watford WD17 - Image 15
Hempstead Road, Watford WD17 - Image 16

Hempstead Road, Watford WD17

London

£700,000

Listed on 05/06/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
1026 sqft

Description

This two-bedroom detached bungalow on the popular Hempstead Road in Watford is a prime candidate for a comprehensive refurbishment. It offers an exceptional opportunity for prospective buyers to completely redesign and upgrade the living space to their personal taste, potentially increasing both the value and functionality of the property (subject to obtaining necessary approvals). The existing layout includes two bedrooms, a living room, a dining area, a kitchen, and a bathroom, all of which are in need of full renovation. Outside, the property features a private garden as well as off-street parking, enhancing its overall appeal. Its convenient location provides easy access to local amenities, transport links, and reliable schools, making it an attractive option for investors or developers looking to undertake an exciting project in this desirable area. Prompt viewing is advised to fully grasp the possibilities this property offers.

Investment Analysis

(WD17 area)

Above Market Value

This property is priced +31.6% above area average per sq ft

+31.6%
This Property
£682/sq ft
Area Average
£519/sq ft
Avg Rent (weekly)
£366
Avg Yield
3.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£585,292
10% above area average per sq ft
Potential ROI
-25.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (WD17)

Area prices are falling by -2.2% over the last 12 months
3 year growth: -2.4%
5 year growth: +5.9%
Investment Disclaimer: Analysis based on WD17 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Hempstead Road, Watford WD17
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,645
Based on a loan of £525,000 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.

Stamp Duty Calculator

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.