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Flaunden Lane, Bovingdon, HP3

East of England

£1,450,000
Listed on 25/10/2025

Property Details

Bedrooms
5
Type
Detached house

Description

Presenting a unique opportunity, this property features a pair of semi-detached bungalows situated on a generous 6-acre lot, previously utilized as greyhound kennels. The land is divided into approximately 3 acres of open paddock and an additional 3 acres of woodland, which includes the remnants of a former plum orchard. Parking is accessible via a side driveway leading to a gravel area that once served as a garden. The bungalows each offer functional living spaces with multiple bedrooms and shared amenities. One bungalow features an entrance hall that connects to a storage room, which may be reimagined into an expansive kitchen by removing the separating wall. The kitchen-dining area boasts views over the paddocks and farmland, equipped with wall and base units along with space to accommodate essential appliances. The sitting room provides dual aspects with scenic views over the surrounding countryside. Bedrooms throughout both bungalows offer windows allowing natural light to fill the rooms—some include built-in wardrobes for added convenience. A detached double garage is available on-site, complete with electricity and two timber doors, adding to the property's practicality. Several barns also dot the landscape, showing potential for various uses or redevelopment opportunities. Given its location and existing structures, this property presents considerable renovation potential. Plans have been proposed for redeveloping the site: demolition of the existing bungalows and barns could pave the way for constructing three new detached dwellings within their footprint. Such possibilities may appeal to investors looking at long-term growth in this area. For those interested in creating something new while leveraging the charm of existing buildings and natural surroundings, this property stands out as a canvas for visionary development.

Investment Analysis

(HP3 area)
Area Average
£459/sq ft
Avg Rent (weekly)
£364
Avg Yield
3.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
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 (HP3)

Area prices are stable by +0.2% over the last 12 months
3 year growth: 0.7%
5 year growth: 18.0%
Investment Disclaimer: Analysis based on HP3 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

Flaunden Lane, Bovingdon, HP3
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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
£5,312
Based on a loan of £1,087,500 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