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Park Rise, Harpenden

East of England

£1,095,000
Listed on 14/01/2026

Property Details

Bedrooms
4
Type
Detached house
Area
1511 sqft

Description

This detached four-bedroom family home presents a promising opportunity for renovation and investment. Featuring an open-plan kitchen/dining/living area and two additional reception rooms, the layout offers ample space for modern living. The principal bedroom benefits from a dressing area and en-suite shower, while the other bedrooms are well-sized, making this property suitable for families. Located within a short walk to the town centre and local train station, as well as being in proximity to reputable schools, it has excellent long-term appeal. There is also potential for expansion (subject to planning permission), enhancing its value further. With a chain-free status, this home invites buyers looking to personalize their living space.

Investment Analysis

(AL5 area)

Above Market Value

This property is priced +11.9% above area average per sq ft

+11.9%
This Property
£725/sq ft
Area Average
£648/sq ft
Avg Rent (weekly)
£424
Avg Yield
2.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£1,076,376
10% above area average per sq ft
Potential ROI
-6.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (AL5)

Area prices are falling by +6.8% over the last 12 months
3 year growth: -4.9%
5 year growth: 3.2%
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 Rise, Harpenden
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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
£4,011
Based on a loan of £821,250 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