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Park Crescent, Elstree, Borehamwood, Hertfordshire, WD6

London

£1,550,000

Listed on 16/07/2026

Property details

Bedrooms
4
Type
Detached
Area
2114 sqft

Description

This spacious four-bedroom detached home, located in a sought-after area of Elstree, offers considerable potential for renovation and investment. Boasting over 2,100 sq ft of adaptable living space, including an integral garage, this property is ideal for those looking to create a bespoke family residence. While some modernization is required, the layout is practical and functional. The ground floor comprises a welcoming entrance hall that opens into a formal reception room, a convenient guest cloakroom, and a generous kitchen/dining area which can be upgraded to cater to modern lifestyles. At the rear, an expansive L-shaped family and living room provides direct access to the large garden—offering excellent possibilities for enhancing outdoor living spaces. The first floor features four well-sized bedrooms; the principal bedroom includes an en-suite bathroom, with the remaining rooms served by a family bathroom equipped with both a bathtub and shower facilities. The property sits on a substantial plot with ample outdoor space for potential expansion or conversion of existing structures (subject to planning permission). With easy access to local amenities and transport links into London, this home presents a rare opportunity for savvy buyers aiming to capitalize on its renovation potential.

Investment analysis

(WD6 area)

Above Market Value

This property is priced +41.5% above area average per sq ft

+41.5%
This Property
£733/sq ft
Area Average
£518/sq ft
Avg Rent (weekly)
£368
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£1,204,906
10% above area average per sq ft
Potential ROI
-26.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (WD6)

Area prices are stable by -0.6% over the last 12 months
3 year growth: -6.5%
5 year growth: +0.3%
Investment Disclaimer: Analysis based on WD6 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 Crescent, Elstree, Borehamwood, Hertfordshire, WD6
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£5,856
Based on a loan of £1,162,500 over 30 years at 4.45% 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.

Stamp duty calculator

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