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Vallance Place, Harpenden, Hertfordshire, AL5

East of England

£475,000
Listed on 22/01/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
770 sqft

Description

This two-bedroom terraced home, located in a serene cul-de-sac off Cravells Road in Harpenden, presents a promising opportunity for renovation and investment. The property spans approximately 770 sq ft and features a functional layout that is ideal for first-time buyers or those looking to downsize. Enter through the front door into an entrance hall that leads to the kitchen and a ground floor WC at the front. At the rear, you'll find a living room connected to a conservatory, providing easy access to the garden space. Upstairs, there are two bedrooms accompanied by a family bathroom, with the principal bedroom benefiting from its own en suite shower room. While the interior would benefit from modern upgrades throughout, this property’s solid structure and prime location make it ripe for transformation into a contemporary living space.

Investment Analysis

(AL5 area)

Below Market Value

This property is priced -4.0% below area average per sq ft

-4.0%
Potential saving
This Property
£617/sq ft
Area Average
£643/sq ft
Avg Rent (weekly)
£435
Avg Yield
2.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£544,367
10% above area average per sq ft
Potential ROI
+6.7%
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
23%
Properties sold annually

Local Market Trend (AL5)

Area prices are falling by -9.4% over the last 12 months
3 year growth: -6.2%
5 year growth: -0.2%
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

Vallance Place, Harpenden, Hertfordshire, AL5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,713
Based on a loan of £356,250 over 30 years at 4.06% 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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