2 Bed House, Single Let, Harpenden, AL5 3BN, £475,000

211 Luton Road, Harpenden, AL5 3BN - a month ago

BTL

~68 m²

+7 photos

ValuationUndervalued

Sold Prices	£350K - £1.1M
Sold Prices/m²	£5.5K/m² - £16K/m²

Square Metres	~68.11 m²
Price/m²	£7K/m²
Value Estimate	£501,870£501,870
BMV	1%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£118,750£118,750
Stamp Duty & Legal Fees	£38,200£38,200
Total Cash In	£156,950£156,950

Cash Out
Rent Range	£1,100 - £2,350£1,100 - £2,350
Rent Estimate	£1,188
Running Costs/mo	£1,742£1,742
Cashflow/mo	£-554£-554
Cashflow/yr	£-6,648£-6,648
Gross Yield	3%3%

Local Sold Prices

31 sold prices from £350K to £1.1M, average is £475K. £5.5K/m² to £16K/m², average is £7.3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£415.5K	06/21	0.03 mi	151, Luton Road, Harpenden, Hertfordshire AL5 3BN	-	-	2	Terraced House
£515K	10/23	0.03 mi	147, Luton Road, Harpenden, Hertfordshire AL5 3BN	£8,778	59	2	Terraced House
£380K	02/21	0.05 mi	113, Luton Road, Harpenden, Hertfordshire AL5 3BB	£7,755	49	2	Terraced House
£410K	06/21	0.05 mi	129, Luton Road, Harpenden, Hertfordshire AL5 3BB	£7,808	53	2	Terraced House
£415K	12/20	0.05 mi	119, Luton Road, Harpenden, Hertfordshire AL5 3BB	£7,155	58	2	Terraced House
£550K	04/23	0.11 mi	77a, Luton Road, Harpenden, Hertfordshire AL5 3BA	£5,478	100	2	Semi-Detached House
£550K	02/23	0.12 mi	27, Park Mount, Harpenden, Hertfordshire AL5 3AS	£5,851	94	2	Detached House
£735K	11/23	0.16 mi	20, Park Hill, Harpenden, Hertfordshire AL5 3AT	-	-	2	Semi-Detached House
£750K	05/24	0.16 mi	5, Park Hill, Harpenden, Hertfordshire AL5 3AT	£15,971	47	2	Terraced House
£745K	09/21	0.29 mi	22, Moreton End Lane, Harpenden, Hertfordshire AL5 2HD	£9,675	77	2	Semi-Detached House
£670K	06/21	0.44 mi	31, Ridge Avenue, Harpenden, Hertfordshire AL5 3LT	-	-	2	Detached House
£390K	03/21	0.53 mi	49, Westfield Road, Harpenden, Hertfordshire AL5 4HR	£6,094	64	2	Terraced House
£490K	02/24	0.55 mi	4, Stonemason Close, Harpenden, Hertfordshire AL5 4GB	£8,909	55	2	Terraced House
£1.1M	06/24	0.59 mi	6, Sun Lane, Harpenden, Hertfordshire AL5 4ET	£7,285	151	2	Semi-Detached House
£438K	06/21	0.62 mi	37, Masefield Road, Harpenden, Hertfordshire AL5 4JS	£6,738	65	2	Terraced House
£750K	02/21	0.63 mi	41, Tuffnells Way, Harpenden, Hertfordshire AL5 3HA	£7,653	98	2	Detached House
£435K	06/21	0.69 mi	16, Moorland Road, Harpenden, Hertfordshire AL5 4LA	-	-	2	Semi-Detached House
£410K	06/21	0.74 mi	101, Westfield Road, Harpenden, Hertfordshire AL5 4JZ	£6,119	67	2	Semi-Detached House
£560K	07/23	0.79 mi	18a, St James Road, Harpenden, Hertfordshire AL5 4PB	-	-	2	Semi-Detached House
£380K	02/23	0.79 mi	2, Westfield Place, Harpenden, Hertfordshire AL5 4LS	-	-	2	Terraced House
£420K	03/21	0.81 mi	145, Westfield Road, Harpenden, Hertfordshire AL5 4LU	£7,368	57	2	Semi-Detached House
£475K	03/23	0.9 mi	57, Coldharbour Lane, Harpenden, Hertfordshire AL5 4NF	£7,308	65	2	Semi-Detached House
£442.5K	06/23	0.9 mi	77, Coldharbour Lane, Harpenden, Hertfordshire AL5 4NF	£6,604	67	2	Semi-Detached House
£350K	06/21	0.9 mi	23, Coldharbour Lane, Harpenden, Hertfordshire AL5 4NQ	£5,645	62	2	Semi-Detached House
£487.5K	09/21	0.93 mi	10, Wroxham Way, Harpenden, Hertfordshire AL5 4PP	-	-	2	Semi-Detached House
£413.5K	02/21	0.97 mi	419, Luton Road, Harpenden, Hertfordshire AL5 3QE	£7,008	59	2	Terraced House
£410K	09/21	0.97 mi	429, Luton Road, Harpenden, Hertfordshire AL5 3QE	-	-	2	Terraced House
£450K	12/23	0.97 mi	431, Luton Road, Harpenden, Hertfordshire AL5 3QE	£8,036	56	2	Terraced House
£490K	05/24	0.98 mi	6, Riverbanks Close, Harpenden, Hertfordshire AL5 5EJ	£7,803	63	2	Terraced House
£675K	04/24	0.99 mi	66, Cowper Road, Harpenden, Hertfordshire AL5 5NG	-	-	2	Terraced House
£475K	06/21	0.99 mi	39, Wroxham Way, Harpenden, Hertfordshire AL5 4PR	£7,725	61	2	Semi-Detached House

Local Rents

41 rents from £1.1K/mo to £2.4K/mo, average is £1.5K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,400	12/24	0.08 mi	Roundwood Lane, Harpenden	2	Flat
£1,600	12/24	0.08 mi	Hillside Road, Harpenden, AL5	2	Flat
£1,200	12/24	0.12 mi	Hillside Road, Harpenden, AL5	2	Flat
£1,400	12/24	0.32 mi	Hollybush Lane, Harpenden, AL5	2	Flat
£1,400	12/24	0.32 mi	Hollybush Lane, Harpenden, AL5	2	Flat
£1,375	12/24	0.33 mi	-	2	House
£1,425	05/24	0.33 mi	-	2	Flat
£1,650	12/24	0.55 mi	-	2	Terraced House
£1,600	07/24	0.56 mi	-	2	Flat
£1,300	12/24	0.62 mi	-	2	House
£1,100	12/24	0.62 mi	-	2	House
£1,200	10/24	0.66 mi	-	2	Flat
£1,495	02/24	0.66 mi	-	2	Flat
£1,500	12/24	0.67 mi	Bowers Parade, Harpenden, AL5	2	Flat
£1,400	12/24	0.69 mi	The Putterills, Thompsons Close, Harpenden, Hertfordshire, AL5	2	Flat
£1,500	12/24	0.75 mi	-	2	House
£1,400	12/24	0.86 mi	Station Road, Harpenden, AL5	2	Flat
£2,200	05/24	0.87 mi	-	2	Flat
£1,300	12/24	0.92 mi	Coldharbour Lane, Harpenden, AL5	2	Flat
£1,200	12/24	0.93 mi	-	2	House
£2,350	01/25	0.93 mi	-	2	Flat
£1,650	12/24	0.95 mi	Poets Court, Milton Rd, Harpenden, Hertfordshire, AL5	2	Flat
£1,750	11/24	0.95 mi	-	2	Flat
£1,500	12/24	0.96 mi	Milton Road, Harpenden, Hertfordshire, AL5	2	Flat
£1,700	11/24	1 mi	-	2	Flat
£1,650	12/24	1 mi	Millstone Way, Harpenden	2	Flat
£2,200	01/25	1.03 mi	-	2	Flat
£2,200	01/25	1.03 mi	-	2	Flat
£1,495	12/24	1.03 mi	Betjeman Close, Cowper Road, Harpenden, Hertfordshire, AL5	2	Flat
£1,250	12/24	1.03 mi	-	2	Terraced House
£1,200	02/24	1.05 mi	-	2	Flat
£1,650	12/24	1.06 mi	Keats House, Milton Road, Harpenden, AL5	2	Flat
£1,800	02/25	1.1 mi	-	2	Flat
£1,800	03/25	1.1 mi	-	2	Flat
£1,600	12/24	1.11 mi	-	2	House
£1,625	12/24	1.11 mi	-	2	Flat
£1,625	09/24	1.11 mi	-	2	Flat
£1,400	12/24	1.12 mi	Chiltern Court, Milton Road, Harpenden, AL5	2	Flat
£1,600	08/24	1.18 mi	-	2	Flat
£1,380	12/24	1.21 mi	-	2	House
£1,750	03/25	1.21 mi	-	2	Flat

Local Area Statistics

Population in AL5	30,46230,462
Town centre distance	0.45 miles away0.45 miles away
Nearest school	0.40 miles away0.40 miles away
Nearest train station	0.92 miles away0.92 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+4%+4%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+17%+17%

Property History

Price changed to £475,000

March 16, 2025

Listed for £495,000

March 7, 2025

Floor Plans

Description

A charming, period 2 (double) bedroom cottage +
Beautifully presented throughout +
Considerately refurbished by our clients +
Southwest facing garden of over 50ft +
Close to outstanding schools and walking distance to the town centre and station +
Council tax band C +

A delightfully presented two bedroom home that has been thoughtfully refurbished to a high standard throughout by our clients. The property features two double bedrooms and a Southwest facing garden of over 50ft. Positioned in a convenient location that is walking distance to the town centre, station and close to outstanding primary and secondary schools.

Living Room - 3.61m x 3.46m (11'10" x 11'4") -

Kitchen/Dining Room - 3.61m x 3.47m (11'10" x 11'4") -

Bathroom -

Bedroom One - 3.61m x 3.26m (11'10" x 10'8") -

Bedroom Two - 3.47m x 2.78m (11'4" x 9'1") -

Agent Details

Whittaker & Co, Harpenden

01582 377722

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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