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Prospect Lane, Harpenden, AL5

East of England

£1,850,000
Listed on 22/01/2026

Property Details

Bedrooms
4
Type
Detached house
Area
2510 sqft

Description

This spacious four-bedroom detached home is located in the desirable West Common area of Harpenden, with picturesque countryside views and ample living space. The property's layout includes a welcoming lounge, a separate formal dining area, a snug or TV room perfect for relaxation, and a dedicated study conducive for remote working. The kitchen opens up to the back of the house, overlooking a large mature garden that adds to the overall sense of space and offers an opportunity for enhancement. Upstairs, the main bedroom features an en suite bathroom along with three additional well-sized bedrooms and a contemporary family bathroom. The exterior showcases a garage and a sizeable private garden ideal for both family activities and entertaining guests. There is significant potential for expansion (subject to relevant planning permissions), making this property an appealing choice for investors or those looking to create their dream home. Its prime location provides the best of both worlds—tranquil countryside living while being close to Harpenden's amenities, schools, and transport links.

Investment Analysis

(AL5 area)

Above Market Value

This property is priced +14.7% above area average per sq ft

+14.7%
This Property
£737/sq ft
Area Average
£643/sq ft
Avg Rent (weekly)
£435
Avg Yield
2.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£1,774,495
10% above area average per sq ft
Potential ROI
-7.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Prospect Lane, Harpenden, 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
£6,672
Based on a loan of £1,387,500 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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