3 Bed Detached House, Planning Permission, Harpenden, AL5 4RD, £900,000

West Way, Harpenden, AL5 4RD - 16 days ago

Planning
~93 m²
+8 photos

ValuationOvervalued

Sold Prices£455K - £1.9M
Sold Prices/m²£4.8K/m² - £27.1K/m²

 

 

Square Metres

~93 m²
Price/m²£9.7K/m²

Value Estimate

£676,535

 

 

End Value (After Refurb)

£800,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£225,000

Stamp Duty & Legal Fees

£81,200

Refurb Costs

£45,287

Bridging Loan Interest

£23,625

Total Cash In

£376,862

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£800,000

Mortgage (After Refinance)

£600,000

Mortgage LTV

75%

Cash Left In

£376,862

Equity

£200,000

Rent Range

£1,950 - £3,250

Rent Estimate

£2,299

Running Costs/mo

£2,980

Cashflow/mo

£-681

Cashflow/yr

£-8,170

Gross Yield

3%

Local Sold Prices

50 sold prices from £455K to £1.9M, average is £705K. £4.8K/m² to £27.1K/m², average is £7.3K/m².

PriceDateDistanceAddressBeds 
£850K09/210.08 mi30, Manland Avenue, Harpenden, Hertfordshire AL5 4RF3
£790K07/230.08 mi34, Manland Avenue, Harpenden, Hertfordshire AL5 4RF3
£800K08/210.1 mi20, Manland Way, Harpenden, Hertfordshire AL5 4QS3
£710K10/210.1 mi27, Cross Way, Harpenden, Hertfordshire AL5 4QU3
£1.3M06/210.17 mi2, Browning Road, Harpenden, Hertfordshire AL5 4TR3
£1.9M11/220.19 mi8, Carisbrooke Road, Harpenden, Hertfordshire AL5 5QT3
£775K03/210.25 mi21, Wroxham Way, Harpenden, Hertfordshire AL5 4PP3
£560K07/240.25 mi25, Wroxham Way, Harpenden, Hertfordshire AL5 4PP3
£905K05/210.26 mi5, Amberley Close, Harpenden, Hertfordshire AL5 4TX3
£1.1M09/230.26 mi37, Granby Avenue, Harpenden, Hertfordshire AL5 5QP3
£750K02/210.26 mi32, Langdale Avenue, Harpenden, Hertfordshire AL5 5QU3
£810K02/210.26 mi30, Langdale Avenue, Harpenden, Hertfordshire AL5 5QU3
£690K12/200.26 mi9, Langdale Avenue, Harpenden, Hertfordshire AL5 5QU3
£745K05/230.26 mi17, Langdale Avenue, Harpenden, Hertfordshire AL5 5QU3
£560K12/200.29 mi38a, Lyndhurst Drive, Harpenden, Hertfordshire AL5 5RJ3
£1.5M08/230.3 mi14, Dalkeith Road, Harpenden, Hertfordshire AL5 5PW3
£478K09/210.32 mi20, Salisbury Road, Harpenden, Hertfordshire AL5 5AY3
£576K11/220.34 mi44, Salisbury Road, Harpenden, Hertfordshire AL5 5AY3
£535K03/210.34 mi47a, Salisbury Road, Harpenden, Hertfordshire AL5 5AR3
£585K06/210.34 mi16, Kipling Way, Harpenden, Hertfordshire AL5 4XG3
£575K06/210.34 mi53, Salisbury Road, Harpenden, Hertfordshire AL5 5AR3
£500K07/230.35 mi11, Batford Road, Harpenden, Hertfordshire AL5 5AX3
£465K03/210.35 mi7, Batford Road, Harpenden, Hertfordshire AL5 5AX3
£665K10/230.35 mi6, Batford Road, Harpenden, Hertfordshire AL5 5AX3
£545K01/230.35 mi5, Batford Road, Harpenden, Hertfordshire AL5 5AX3
£660K10/230.36 mi20, Kipling Way, Harpenden, Hertfordshire AL5 4XG3
£555K06/210.36 mi24, Kipling Way, Harpenden, Hertfordshire AL5 4XG3
£620K11/210.37 mi3, Glemsford Drive, Harpenden, Hertfordshire AL5 5RB3
£625K01/230.37 mi3, Glemsford Drive, Harpenden, Hertfordshire AL5 5RB3
£725K03/210.37 mi16, Cornwall Road, Harpenden, Hertfordshire AL5 4TH3
£700K12/230.37 mi10, Cornwall Road, Harpenden, Hertfordshire AL5 4TH3
£725K10/220.38 mi30, Holly Walk, Harpenden, Hertfordshire AL5 5RG3
£795K10/220.38 mi21, Cornwall Road, Harpenden, Hertfordshire AL5 4TQ3
£615K01/210.39 mi4, Glemsford Drive, Harpenden, Hertfordshire AL5 5RB3
£560K07/230.39 mi32, Glemsford Drive, Harpenden, Hertfordshire AL5 5RB3
£1.0M12/220.39 mi6, Devonshire Road, Harpenden, Hertfordshire AL5 4TJ3
£875K05/210.39 mi4, Devonshire Road, Harpenden, Hertfordshire AL5 4TJ3
£882.5K01/210.39 mi26, Cowper Road, Harpenden, Hertfordshire AL5 5NG3
£842.5K03/210.39 mi18, Cowper Road, Harpenden, Hertfordshire AL5 5NG3
£825K05/230.39 mi10, Cowper Road, Harpenden, Hertfordshire AL5 5NG3
£1.4M05/230.39 mi11, Fallows Green, Harpenden, Hertfordshire AL5 4HD3
£1.2M12/220.39 mi12, Devonshire Road, Harpenden, Hertfordshire AL5 4TJ3
£651K01/240.4 mi22, Roundfield Avenue, Harpenden, Hertfordshire AL5 5BE3
£895K07/230.4 mi11, Lea Road, Harpenden, Hertfordshire AL5 4PQ3
£785K09/210.4 mi22, Shakespeare Road, Harpenden, Hertfordshire AL5 5NQ3
£655K11/200.4 mi18, Weybourne Close, Harpenden, Hertfordshire AL5 5RE3
£615K02/210.4 mi14, Weybourne Close, Harpenden, Hertfordshire AL5 5RE3
£552.5K03/210.4 mi29, Weybourne Close, Harpenden, Hertfordshire AL5 5RE3
£550K01/210.4 mi26, Holly Walk, Harpenden, Hertfordshire AL5 5RG3
£455K03/210.4 mi10, Holly Walk, Harpenden, Hertfordshire AL5 5RG3

Local Rents

18 rents from £1.9K/mo to £3.3K/mo, average is £2.2K/mo.

RentDateDistanceAddressBeds 
£2,15012/240.34 miKipling Way, Harpenden, AL53
£1,95012/240.34 miKipling Way, Harpenden, AL53
£2,30012/240.35 miCornwall Road, Harpenden, Hertfordshire, AL53
£3,25012/240.36 miWilloughby Road, Harpenden, AL53
£2,60002/250.4 mi-3
£2,65002/250.4 mi-3
£2,15012/240.41 mi-3
£1,99007/240.41 mi-3
£2,50012/240.44 miMaldon Court, Carlton Road, Harpenden, AL53
£2,09508/240.52 mi-3
£2,30012/240.53 miDell Close, Harpenden, Hertfordshire3
£2,20012/240.54 miHyde View Road, Harpenden, AL53
£2,20002/250.54 mi-3
£2,15003/240.55 mi-3
£2,00012/240.56 mi-3
£2,60010/240.57 mi-3
£2,10012/240.57 miThe Cleave, Harpenden, Hertfordshire3
£2,20004/250.6 mi-3

Local Area Statistics

Population in AL5

30,462

Town centre distance

0.95 miles away

Nearest school

0.10 miles away

Nearest train station

0.56 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Seller's market

Capital growth (5yrs)

+17%

Property History

Listed for £900,000

March 24, 2025

Floor Plans

Description

  • 1920's Detached family home +
  • Planning permission for an 8 meter single storey extension +
  • Prime Harpnden location +
  • Large south-easterly facing rear garden +
  • Opportunity to update and personalize +
  • Fantastic investment with great potential +
  • Off-street parking for numerous vehicles +
  • Spacious layout with two reception rooms +
  • Walking distance to Harpenden mainline station +

VIEWINGS TO COMMENCE FROM SATURDAY 05/04/24 - CALL TODAY TO ARRANGE YOUR APPOINTMENT!  This charming detached 1920s three-bedroom family home is located in a prime central position within Harpenden, close to excellent schooling and within walking distance of the mainline train station. Offering the perfect opportunity for those looking to create their ideal family home, the property boasts a spacious layout with two reception rooms and a conservatory, providing plenty of living space. The home sits on a generous plot, with a large south-easterly facing rear garden, ideal for outdoor entertaining or simply enjoying the sunshine. There is also off-street parking for added convenience. Planning permission has already been granted for a substantial 8-meter rear extension, offering further potential to expand and enhance the property to suit modern family living. This exciting proposition allows the new owners to personalize the home and truly make it their own, whether by extending the current accommodation or updating the existing spaces. A fantastic location combined with tremendous potential makes this an opportunity not to be missed. Tenure: Freehold,

Agent Details

Belvoir, Welwyn

01438 901756

Next Steps?

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