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Pine Grove, Bricket Wood, AL2

East of England

£600,000

Listed on 01/07/2026

Property details

Bedrooms
4
Type
Detached House
Area
1542 sqft

Description

This detached family residence, situated in a tranquil and well-established neighborhood of Bricket Wood, is primed for a comprehensive renovation. Presenting an excellent canvas for those looking to craft a personalized family home, this property requires extensive upgrading throughout but offers ample space and potential for transformation. The ground floor features a practical arrangement, including spacious reception areas, a kitchen, and a conservatory that overlooks the rear garden. This layout holds significant promise for reconfiguration to suit modern living needs and enhance functionality, pending relevant approvals. The garage and driveway add to the home's practicality while offering further possibilities for improvement. On the first floor, there are four bedrooms along with a family bathroom, making it suitable for family dynamics. Although substantial updates are necessary to bring this home to contemporary standards, its generous size in a sought-after location makes it appealing for buyers willing to invest time and resources into revitalization. With significant potential to modernize and increase value, this property offers a rare chance to leave your mark on a detached home in Bricket Wood’s desirable setting. Available with no onward chain, it's an ideal prospect for buyers eager to undertake a full renovation project.

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Investment analysis

(AL2 area)

Below Market Value

This property is priced -24.4% below area average per sq ft

-24.4%
Potential saving
This Property
£389/sq ft
Area Average
£515/sq ft
Avg Rent (weekly)
£526
Avg Yield
4.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£872,949
10% above area average per sq ft
Potential ROI
+26.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (AL2)

Area prices are stable by -1.7% over the last 12 months
3 year growth: -7.7%
5 year growth: +4.0%
Investment Disclaimer: Analysis based on AL2 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

Pine Grove, Bricket Wood, AL2
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,267
Based on a loan of £450,000 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

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