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Park Avenue North, Harpenden, Hertfordshire, AL5 - Image 1
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Park Avenue North, Harpenden, Hertfordshire, AL5 - Image 3
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Park Avenue North, Harpenden, Hertfordshire, AL5 - Image 8
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Park Avenue North, Harpenden, Hertfordshire, AL5 - Image 11

Park Avenue North, Harpenden, Hertfordshire, AL5

East of England

£3,000,000
Listed on 14/12/2025

Property Details

Bedrooms
5
Type
Detached house
Area
2219 sqft

Description

This impressive detached property is situated on a generous plot exceeding half an acre within one of Harpenden's sought-after locations. The home offers a unique opportunity for renovation or expansion to fully realize its potential, subject to obtaining the necessary planning permissions. Conveniently located less than half a mile from the town centre and mainline railway station, this property is not only chain-free but also presents an attractive investment opportunity for those looking to develop in this prestigious area.

Investment Analysis

(AL5 area)

Above Market Value

This property is priced +107.7% above area average per sq ft

+107.7%
This Property
£1,352/sq ft
Area Average
£651/sq ft
Avg Rent (weekly)
£436
Avg Yield
2.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£1,588,904
10% above area average per sq ft
Potential ROI
-49.1%
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

Park Avenue North, Harpenden, Hertfordshire, 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
£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