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1 bedroom maisonette requiring renovation

Harpenden, AL5 - Get Access

1 bed

Description

A 1 bedroom maisonette requiring renovation and modernisation located in a popular and sought after location. Excellent investment property with potential to add value once refurbished. The property is centrally located close to a wide range of local amenities, shop & transport links. A new Lease will be granted on completion. New Lease term 125 years – Ground Rent Peppercorn. Please see legal pack. The auction sale is on 30th September 2026 by way of Live streamed auction. Binding contracts will be exchanged at the point of sale. Auction Deposit and Fees: 10% deposit (subject to a minimum of £5,000) and Buyer’s Fee of 1.2% inc. VAT of the purchase price (subject to a minimum of £1,860 inc. VAT). Please be advised the auctioneers have not personally inspected the property. Prospective buyers are advised to make any necessary independent enquiries before placing their bid, as this will be binding.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Low confidence Floor Area: 549 sq ft (EPC)

The property is a 1-bedroom maisonette in Harpenden, AL5 5SF. The property is in a poor condition, requiring significant renovation including the roof, windows, and exterior structure, with an estimated renovation cost of £25,000 - £50,000. Due to the poor condition and boarded-up windows, the valuation is based on a highly conservative approach, heavily discounted from typical market values for properties in this area. The valuation floor area is 549 sq ft.

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