Worst House on the Street Logo
Hemel Hempstead HP1 - Image 1
Hemel Hempstead HP1 - Image 2
Hemel Hempstead HP1 - Image 3
Hemel Hempstead HP1 - Image 4
Hemel Hempstead HP1 - Image 5

Hemel Hempstead HP1

East of England

£580,000
Listed on 04/07/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1377 sqft

Description

Nestled near the inviting expanse of Northridge Park, this generously sized family home presents a promising opportunity for renovation and investment. Spanning over 1,600 square feet, the layout offers considerable versatility with an entrance hall that leads to a variety of living spaces. The ground floor features a spacious living room, a separate dining area, and a family room adjacent to the kitchen, providing ample room for both relaxation and entertainment. The home includes four well-proportioned bedrooms on the upper level, complemented by a convenient shower room. While some areas may benefit from modernization, this allows for personal customization to create a home that perfectly suits your style and needs. Outside, the property boasts off-road parking at the front and a mature garden in the rear, providing both functionality and potential for outdoor enhancements. With no upper chain involved, this property represents an excellent chance for those looking to invest in a home with significant improvement possibilities in a desirable location. Whether you’re considering it as your own residence or an investment venture, this property is poised to offer value for years to come.

Investment Analysis

(HP1 area)

Below Market Value

This property is priced -7.7% below area average per sq ft

-7.7%
Potential saving
This Property
£421/sq ft
Area Average
£456/sq ft
Avg Rent (weekly)
£331
Avg Yield
4.2%

Renovation Potential

Est. Renovation Cost
£58,000 - £145,000
10-25% of property value
Target Value
£691,385
10% above area average per sq ft
Potential ROI
-4.6%
After renovation
Monthly Sales
12
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (HP1)

Area prices are rising by +3.2% over the last 12 months
3 year growth: 12.4%
5 year growth: 17.8%
Investment Disclaimer: Analysis based on HP1 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

Hemel Hempstead HP1
Map showing location of Hemel Hempstead HP1
Open Map