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Common Lane, Radlett WD7

London

£3,000,000
Listed on 19/02/2025

Property Details

Bedrooms
5
Type
Detached house
Area
2507 sqft

Description

This detached family residence offers a rare opportunity to invest in a property with significant renovation and development potential. Situated on an expansive three-acre plot, the home boasts five bedrooms and four bathrooms, making it suitable for larger families or multi-generational living. The accompanying separate annex adds further versatility, featuring a reception room, modern kitchen, double bedroom with en-suite bathroom, and additional storage space. The interior of the main residence includes spacious living areas such as a study, lounge, dining room, and morning room, complemented by a fully equipped kitchen/breakfast area. The layout provides ample opportunity to reconfigure spaces to better suit contemporary lifestyles or personal tastes. Outside, the property is enhanced by its scenic surroundings and panoramic views over greenbelt pastures. The grounds feature established gardens and stables, which contribute to its appeal for those interested in equestrian activities or garden enthusiasts. A triple garage and off-street parking for multiple vehicles ensure convenience for residents and guests alike. Located within walking distance of the popular Battlers Green Farm Shopping Village and in close proximity to two esteemed private schools—Haberdashers’ and Radlett Preparatory—the property benefits from both rural tranquility and essential amenities. Given its size and location, there is substantial potential to extend or reimagine the existing structures (subject to necessary planning permissions), making this an exciting prospect for investors or buyers looking to create their dream home in a sought-after area.

Investment Analysis

(WD7 area)

Above Market Value

This property is priced +92.0% above area average per sq ft

+92.0%
This Property
£1,197/sq ft
Area Average
£623/sq ft

Renovation Potential

Est. Renovation Cost
£300,000 - £750,000
10-25% of property value
Target Value
£1,718,874
10% above area average per sq ft
Potential ROI
-54.2%
After renovation
Monthly Sales
8
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (WD7)

Area prices are falling by +6.1% over the last 12 months
3 year growth: -15.7%
5 year growth: 12.5%
Investment Disclaimer: Analysis based on WD7 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

Common Lane, Radlett WD7
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