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Lyme Avenue, Northchurch, Berkhamsted

East of England

£750,000
Listed on 15/04/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
1051 sqft

Description

This detached bungalow presents a unique opportunity to secure a significant plot in a desirable area, with expansive views and ample potential for renovation or extension, subject to necessary permissions. Ideal for those wishing to design their dream home or maximize the existing space, this property offers promising long-term value. Upon arrival, the property showcases its potential with plentiful off-street parking and an attached garage, ensuring both functionality and convenience. The welcoming entrance leads into a spacious lounge/diner that benefits from patio doors inviting natural light, setting the stage for modern open-plan living that seamlessly connects indoor and outdoor areas. The internal layout comprises three double bedrooms, including a principal room featuring a charming bay window that enhances the sense of space. The remaining bedrooms provide versatile options for family living, guest accommodation, or dedicated workspace. The kitchen is fitted with generous cupboard space and flows into a utility area offering direct access to the rear garden. This garden backs onto open surroundings, promising breathtaking views and privacy—a rare find in today's market. Located on a serene residential street in Northchurch, the property balances tranquility with accessibility to local amenities, schools, and transport links. This home offers not just shelter but also the chance to shape it according to your vision over time. Whether you are aiming for an extensive remodel or gradual enhancements, this bungalow stands ready for transformation.

Investment Analysis

(HP4 area)

Above Market Value

This property is priced +19.5% above area average per sq ft

+19.5%
This Property
£714/sq ft
Area Average
£597/sq ft
Avg Rent (weekly)
£414
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£690,654
10% above area average per sq ft
Potential ROI
-13.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (HP4)

Area prices are stable by +2.0% over the last 12 months
3 year growth: -3.5%
5 year growth: +3.2%
Investment Disclaimer: Analysis based on HP4 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

Lyme Avenue, Northchurch, Berkhamsted
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,656
Based on a loan of £562,500 over 30 years at 3.91% 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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