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Elm Grove, Berkhamsted, Hertfordshire HP4

East of England

£1,600,000

Listed on 17/06/2026

Property Details

Bedrooms
5
Type
Detached
Area
3014 sqft

Description

Elm Croft is an impressive five-bedroom detached residence that presents a unique opportunity for renovation in a desirable area of Berkhamsted. Spanning over 3,000 sq. ft., this property offers ample space with the potential for modernisation while maintaining its character. The house features distinctive characteristics such as high ceilings and large bay windows, which are indicative of its period charm. The ground floor hosts an inviting entrance hall that leads to various reception rooms, including a generously sized sitting room with a beautiful front aspect, along with formal living and dining rooms, plus a versatile study. The kitchen/breakfast room at the rear includes pantry areas and access to the garden, alongside a useful cellar that invites possibilities for redesign and expansion (subject to necessary permissions). Additional spaces on this level include a utility room, shower room, and integral garage. On the first floor, you will find five well-sized bedrooms; the principal bedroom benefits from an en-suite bathroom along with a family bathroom serving the other rooms. The spacious landing adds to the overall sense of space. Notably, there is also a substantial boarded loft area that could be converted into additional living space, providing exciting opportunities for future enhancement (pending relevant approvals). Outside, mature gardens provide an attractive setting alongside driveway parking and garage facilities. Situated on Elm Grove, this property enjoys proximity to Berkhamsted town centre and mainline rail links to London Euston. The area is well-known for its excellent schools and vibrant community atmosphere amid the scenic Chiltern Hills. This property holds immense potential for anyone looking to invest in creating their ideal family home.

Investment Analysis

(HP4 area)

Below Market Value

This property is priced -11.3% below area average per sq ft

-11.3%
Potential saving
This Property
£531/sq ft
Area Average
£599/sq ft
Avg Rent (weekly)
£415
Avg Yield
3.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£1,984,598
10% above area average per sq ft
Potential ROI
+13.4%
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
14%
Properties sold annually

Local Market Trend (HP4)

Area prices are rising by +7.4% over the last 12 months
3 year growth: -0.1%
5 year growth: +6.6%
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

Elm Grove, Berkhamsted, Hertfordshire HP4
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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
£6,045
Based on a loan of £1,200,000 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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