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Piggottshill Lane, Harpenden, AL5

East of England

£830,000
Listed on 09/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1071 sqft

Description

This semi-detached property, built in the 1930s, embodies both charm and potential. Situated on a generous plot with a rear garden measuring approximately 110 feet, this home backs onto allotments, providing an appealing backdrop and a sense of privacy. While the interior requires renovation, it presents a substantial opportunity for buyers looking to create their ideal living space or capitalize on investment potential. The ground floor features two reception rooms that can be reimagined to suit modern living needs, along with a kitchen that offers functional space. Upstairs, three bedrooms provide ample accommodation for families or could serve as attractive rental units with some updates. A shower room and separate W.C. add convenience but would benefit from modern upgrades. The exterior is equally noteworthy. The front garden is well-maintained and includes a driveway for off-street parking, while the extensive rear garden has been primarily laid to lawn and includes a sizable shed for storage. There is ample side space and opportunities at the rear of the property to consider substantial extensions or additional structures, subject to necessary planning permissions. Located on Piggottshill Lane, this residence enjoys excellent accessibility to local amenities. Just about a mile away are transport links including the station and High Street, which provide access to various shops, dining options, and schools like Grove School that are located even closer. Harpenden is recognized for its strong educational offerings across all age groups and boasts good social infrastructure including restaurants and bars. With its desirable location and extensive renovation possibilities, this property presents an exciting canvas for homeowners and investors alike looking to tap into the thriving Harpenden market.

Investment Analysis

(AL5 area)

Above Market Value

This property is priced +19.1% above area average per sq ft

+19.1%
This Property
£775/sq ft
Area Average
£651/sq ft
Avg Rent (weekly)
£436
Avg Yield
2.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£766,884
10% above area average per sq ft
Potential ROI
-12.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (AL5)

Area prices are falling by +3.5% over the last 12 months
3 year growth: -3.8%
5 year growth: 5.1%
Investment Disclaimer: Analysis based on AL5 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

Piggottshill Lane, Harpenden, AL5
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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
£3,040
Based on a loan of £622,500 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