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Common Lane, Radlett, Hertfordshire, WD7 - Image 1
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Common Lane, Radlett, Hertfordshire, WD7

London

£3,000,000
Listed on 19/02/2025

Property Details

Bedrooms
5
Type
Detached house
Area
5862 sqft

Description

This substantial five-bedroom, four-bathroom detached residence offers a unique opportunity for those seeking a family home with renovation and investment potential. Set on a generous three-acre plot, the property is nestled in one of Radlett's most desirable country lanes, providing stunning panoramic views over verdant greenbelt pastures. The interior features a spacious entrance hall leading to multiple reception areas, including a study, lounge, dining room, and morning room. The fully fitted kitchen/breakfast room is perfect for family gatherings. Each of the five bedrooms is well-proportioned, complemented by four bathrooms to accommodate family and guests comfortably. Outside, the property boasts impressive grounds that offer various possibilities for landscaping or additional outdoor amenities. There is also a triple garage and ample off-street parking available. A separate detached annex expands the living space even further; it includes a triple-aspect reception room with garden access, a guest shower room, a modern kitchen, and a double bedroom complete with an en suite bathroom. This additional living space could be ideal for guests or as an income-generating rental unit. The property's location enhances its appeal; it is within walking distance of Battlers Green Farm Shopping Village and just a short drive from esteemed private schools such as Haberdashers' and Radlett Preparatory School. While the property would benefit from modernization, it holds considerable potential for extension or redevelopment, subject to planning permission. This presents an exciting prospect for buyers looking to create their dream home in an enviable setting while making a solid investment in this sought-after area.

Investment Analysis

(WD7 area)

Below Market Value

This property is priced -18.6% below area average per sq ft

-18.6%
Potential saving
This Property
£512/sq ft
Area Average
£629/sq ft
Avg Rent (weekly)
£620
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Target Value
£4,053,661
10% above area average per sq ft
Potential ROI
+29.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (WD7)

Area prices are stable by +1.8% over the last 12 months
3 year growth: -10.0%
5 year growth: 15.4%
Investment Disclaimer: Analysis based on WD7 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

Common Lane, Radlett, Hertfordshire, WD7
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£10,990
Based on a loan of £2,250,000 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE