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Green Lane Close, Harpenden, AL5

East of England

£1,875,000
Listed on 09/10/2025

Property Details

Bedrooms
5
Type
Detached house
Area
2402 sqft

Description

This detached home presents a valuable opportunity for renovation and investment, located in a peaceful close in Harpenden. With five bedrooms and three bathrooms, the property offers ample living space suitable for families or those looking to create a multifunctional layout. The open-plan kitchen serves as the centerpiece of the residence, connecting effortlessly to a cozy snug or TV room. This versatile area is ideal for casual gatherings, while a separate utility room enhances practicality. For more formal occasions, the spacious lounge provides an inviting atmosphere. A dedicated study adds convenience for remote work or quiet study time, catering to today's lifestyle needs. Upstairs, four sizable bedrooms include a principal suite with an en-suite bathroom, establishing a private haven within the home. The additional bedrooms are well-sized and share access to another en-suite as well as a stylish family bathroom. With thoughtful storage solutions throughout, this home effectively meets the requirements of contemporary family living. Outside, you'll find an accessible garage and a gravel driveway that accommodates multiple vehicles. The south-facing garden is highlighted by mature plants and flower beds, creating a serene outdoor environment perfect for relaxation or entertaining guests. Located just over a mile from the town center and mainline station—offering quick access to London St Pancras in under 30 minutes—this property benefits from excellent transport links including the M1, M25, and A1(M). London Luton Airport is also conveniently situated about 15 minutes away. Families will appreciate the proximity to reputable schools such as Aldwickbury School and others like High Beeches Primary and Sir John Lawes School. The area boasts vibrant local amenities with independent shops, cafes, and restaurants within walking distance, alongside larger options available in nearby St Albans. Ample leisure opportunities await with local attractions like Aldwickbury Golf Course enhancing the appeal of this desirable location. With its potential for modernization and strategic position in Harpenden, this property represents an exciting prospect for both investors and families alike looking to create their ideal home.

Investment Analysis

(AL5 area)

Above Market Value

This property is priced +19.9% above area average per sq ft

+19.9%
This Property
£781/sq ft
Area Average
£651/sq ft
Avg Rent (weekly)
£436
Avg Yield
2.8%

Renovation Potential

Light Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£1,719,940
10% above area average per sq ft
Potential ROI
-10.2%
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

Green Lane Close, 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
£6,869
Based on a loan of £1,406,250 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