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Tuffnells Way, Harpenden, Hertfordshire, AL5

East of England

£1,500,000
Listed on 01/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1797 sqft

Description

This four-bedroom family home offers a remarkable opportunity for renovation and investment, situated in a desirable location that is well-suited for families. The property is presented with no upper chain, allowing for a smoother transition into ownership, while its structure and layout present numerous possibilities for extension or development, subject to planning permission. The interior begins with a welcoming entrance hall, which leads to a convenient W/C and a fitted kitchen. This kitchen provides access to both the garage and the spacious rear garden. Adjacent to the kitchen is an open-plan dining room that flows seamlessly into the living room, creating an inviting atmosphere perfect for daily life or entertaining. The adjoining conservatory further enhances the space, offering direct access to the outdoors. Upstairs, you will find four generously sized bedrooms that benefit from plenty of natural light, along with a family bathroom. There are also multiple storage cupboards throughout the home, contributing to its practicality. Outside, the property features both a front and rear garden. The rear garden includes patio and lawn areas suitable for outdoor activities and gardening, while ample space is available for children’s play. The front of the house is complemented by a driveway leading to a double-length garage, providing off-street parking and additional storage options. Located on Tuffnells Way, this home is close to highly regarded schools and local amenities, making it ideal for families. Additionally, its proximity to Harpenden town center and mainline station facilitates easy access to London St Pancras with fast train services. With its combination of space, potential for adaptability, and favorable location, this property represents an exciting investment opportunity in one of Harpenden’s sought-after neighborhoods.

Investment Analysis

(AL5 area)

Above Market Value

This property is priced +28.5% above area average per sq ft

+28.5%
This Property
£835/sq ft
Area Average
£649/sq ft
Avg Rent (weekly)
£498
Avg Yield
2.8%

Renovation Potential

Est. Renovation Cost
£150,000 - £375,000
10-25% of property value
Target Value
£1,283,570
10% above area average per sq ft
Potential ROI
-31.5%
After renovation
Monthly Sales
16
Average per month
Market Turnover
31%
Properties sold annually

Local Market Trend (AL5)

Area prices are falling by +6.3% over the last 12 months
3 year growth: -6.3%
5 year growth: 7.0%
Investment Disclaimer: Analysis based on AL5 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

Tuffnells Way, Harpenden, Hertfordshire, AL5
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