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Oakley Road, Harpenden AL5 - Image 1
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Oakley Road, Harpenden AL5

East of England

£450,000
Listed on 12/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1047 sqft

Description

This three-bedroom terraced house in the sought-after Southdown area of Harpenden presents a significant renovation opportunity. Built in the late 1960s, this middle terrace property is ready for modernization and offers a spacious garden, ideal for those looking to create an outdoor retreat or enhance the property's value through landscaping. The location is one of the key advantages of this home. Southdown is well-regarded for its community atmosphere and convenient access to essential amenities, including a Co-op store, various restaurants, butchers, cafes, and multiple public houses. Families will appreciate the proximity to The Grove Schools & Nursery, which are known for their educational quality. Nature enthusiasts will find plenty to explore with numerous country trails nearby, making it easy to enjoy leisurely walks while taking in the local scenery. The center of Harpenden and its train station are just over a mile away, offering direct services to St Pancras that take approximately 26 minutes. Additionally, London Luton Airport is a short six-mile drive away, providing further travel convenience. This home not only benefits from its appealing location but also has excellent potential for investment. With Harpenden’s reputation for high-quality schooling and vibrant community life—alongside recreational facilities such as golf courses and sports centers—this property could be transformed into an attractive family home or rental investment with significant return prospects. Access to the motorway network via junctions 9 is less than five miles away, enhancing connectivity for commuters. Overall, this property offers a unique chance to capitalize on the desirable location while customizing it according to personal taste and modern standards.

Investment Analysis

(AL5 area)

Below Market Value

This property is priced -34.3% below area average per sq ft

-34.3%
Potential saving
This Property
£430/sq ft
Area Average
£654/sq ft
Avg Rent (weekly)
£446
Avg Yield
2.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£752,924
10% above area average per sq ft
Potential ROI
+50.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (AL5)

Area prices are falling by +5.3% over the last 12 months
3 year growth: -7.2%
5 year growth: 3.8%
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.

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Location

Oakley Road, Harpenden AL5
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