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Cravells Road, Harpenden

East of England

£450,000
Listed on 11/02/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
1029 sqft

Description

This extended period home presents a unique opportunity for buyers seeking a project with significant renovation potential on Cravells Road, a desirable location in the East of England. While the property requires complete refurbishment, it boasts ample space to explore creative enhancements and possible extensions. The layout includes a lounge/diner, multiple bedrooms, and a south-facing garden extending over 100 feet, perfect for those looking to increase property value through thoughtful updates. Positioned just a mile from Harpenden's Thameslink station and near local amenities such as pubs, restaurants, and shops, this property is ideally situated for both personal enjoyment and investment growth. Prospective buyers can envision transforming this residence into a contemporary living space tailored to modern tastes.

Investment Analysis

(AL5 area)

Below Market Value

This property is priced -32.0% below area average per sq ft

-32.0%
Potential saving
This Property
£437/sq ft
Area Average
£643/sq ft
Avg Rent (weekly)
£435
Avg Yield
2.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£727,472
10% above area average per sq ft
Potential ROI
+37.3%
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

Cravells Road, Harpenden
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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
£1,623
Based on a loan of £337,500 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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