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Brookmans Avenue, Brookmans Park, Hertfordshire, AL9 - Image 1
Brookmans Avenue, Brookmans Park, Hertfordshire, AL9 - Image 2
Brookmans Avenue, Brookmans Park, Hertfordshire, AL9 - Image 3
Brookmans Avenue, Brookmans Park, Hertfordshire, AL9 - Image 4
Brookmans Avenue, Brookmans Park, Hertfordshire, AL9 - Image 5

Brookmans Avenue, Brookmans Park, Hertfordshire, AL9

East of England

£2,300,000
Listed on 29/11/2023

Property Details

Bedrooms
5
Type
Detached house
Area
3097 sqft

Description

Nestled on a distinguished street in Brookmans Park, this spacious five-bedroom detached home presents an excellent opportunity for renovation and investment. With approximately 3,100 sq ft of adaptable living space, the property features a generous reception hallway that leads to multiple reception areas, including a living room and a sitting room, as well as a study that could easily serve various purposes. The kitchen is complemented by a utility room, offering potential for modern upgrades. The ground floor also includes a shower room/sauna and two guest cloakrooms, providing convenience for residents and visitors alike. Upstairs, the layout accommodates five bedrooms, with the principal bedroom benefiting from an en-suite bathroom. A family bathroom serves the additional rooms effectively. Outside, the substantial rear garden extends about 114 feet in length and backs onto Brookmans Park Golf Course, creating serene views and a sense of openness. The front of the property boasts an impressive carriage driveway capable of accommodating multiple vehicles, along with access to an integral double garage—a valuable feature in any home. Positioned in Brookmans Park, known for its charming village atmosphere and appealing semi-rural setting, this property is close to several local shops and dining options, including a favored gastro pub. For commuters, Brookmans Park station provides convenient rail services to London Moorgate via Finsbury Park and Highbury & Islington. Families will appreciate the proximity to reputable schools such as Stormont, Lochinver House, Queenswood, and Dame Alice Owen’s. With its desirable location and ample space for personal touches or renovations, this residence offers significant investment potential in one of Hertfordshire's most sought-after neighborhoods.

Investment Analysis

(AL9 area)

Above Market Value

This property is priced +41.5% above area average per sq ft

+41.5%
This Property
£743/sq ft
Area Average
£525/sq ft
Avg Rent (weekly)
£619
Avg Yield
4.4%

Renovation Potential

Est. Renovation Cost
£230,000 - £575,000
10-25% of property value
Target Value
£1,787,666
10% above area average per sq ft
Potential ROI
-37.8%
After renovation
Monthly Sales
5
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (AL9)

Area prices are falling by +16.4% over the last 12 months
3 year growth: -7.1%
5 year growth: -1.8%
Investment Disclaimer: Analysis based on AL9 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

Brookmans Avenue, Brookmans Park, Hertfordshire, AL9
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