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Green Lane Close, Harpenden AL5

East of England

£1,875,000
Listed on 06/10/2025

Property Details

Bedrooms
5
Type
Detached house
Area
2402 sqft

Description

This expansive five-bedroom detached home presents a unique opportunity for renovation or investment. Nestled on a quiet close in Harpenden, the property boasts a versatile layout ideal for adapting to modern family needs. With three bathrooms and multiple reception areas, including a formal lounge and a cozy snug that connects seamlessly to an open-plan kitchen, there’s plenty of space to work with. The design allows for flexible living arrangements, making it suitable for both personal use or as a rental investment. The dedicated study provides an excellent workspace for remote professionals, while upstairs features generously sized bedrooms, including a principal suite with its own en-suite bathroom. Additional bedrooms are thoughtfully served by both a stylish family bathroom and a second en-suite, catering well to larger families or guests. Externally, the property includes an approach garage and ample gravel driveway parking. The rear south-facing garden is well-maintained, featuring mature plants and flower beds alongside patio space perfect for outdoor gatherings or relaxing in the sun. Located just over a mile from the town center and mainline train station, this home benefits from quick access to central London via Thameslink services in under 30 minutes. Commuters will appreciate the proximity to major roadways like the M1, M25, and A1(M), as well as being only about 15 minutes from Luton Airport. Families will find themselves in good company here; reputable schools such as Aldwickbury School are within walking distance, alongside several other distinguished educational institutions. Harpenden itself offers an appealing mix of independent shops, dining options, and local amenities, while nearby St Albans expands choices even further. For leisure activities, residents can enjoy the proximity to Aldwickbury Golf Course and various parks. This property not only offers comfortable living but also significant potential for those looking to enhance value through renovations or capitalize on its prime location within a desirable community.

Investment Analysis

(AL5 area)

Above Market Value

This property is priced +20.2% above area average per sq ft

+20.2%
This Property
£781/sq ft
Area Average
£649/sq ft
Avg Rent (weekly)
£498
Avg Yield
2.8%

Renovation Potential

Est. Renovation Cost
£187,500 - £468,750
10-25% of property value
Target Value
£1,715,713
10% above area average per sq ft
Potential ROI
-26.8%
After renovation
Monthly Sales
16
Average per month
Market Turnover
31%
Properties sold annually

Local Market Trend (AL5)

Area prices are falling by +6.3% over the last 12 months
3 year growth: -6.3%
5 year growth: 7.0%
Investment Disclaimer: Analysis based on AL5 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Green Lane Close, Harpenden AL5
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