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Kingshill Way, Berkhamsted, Hertfordshire, HP4

East of England

£925,000
Listed on 18/10/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This property presents a compelling renovation and investment opportunity on a generous quarter-acre lot, currently featuring a bungalow and garage. With an existing planning permission in place, there is potential to develop two semi-detached homes or a single detached residence, each designed with contemporary aesthetics that harmonize with the local architectural style. The approved plans allow for the construction of two 2.5-storey semi-detached houses, each offering approximately 2,240 square feet of living space (or 2,002 square feet excluding the integral garage). The layout includes thoughtful details such as pitched gable ends and inviting rear balconies, enhancing both functionality and visual appeal. Set back from Kingshill Way, the property is accessed via a long private driveway and is bordered by mature trees that provide a sense of privacy. Each proposed home will feature rear gardens measuring around 37.7 feet in depth, perfect for outdoor living or gardening. Designed with energy efficiency in mind, the future properties will incorporate solar panels, air source heat pumps, and energy-efficient lighting throughout. Each unit is planned to offer three parking spaces, including a garage. Located in Berkhamsted—a historic market town nestled amidst the scenic Chilterns—this site benefits from proximity to various amenities such as shops, sports facilities, and educational institutions. For commuters, the nearby A41 bypass ensures convenient access to both the M1 and M25 motorways, while the mainline train station offers swift connections to London Euston. This combination of location advantages makes this property not only a great development project but also an attractive investment in an area with strong demand for housing.

Investment Analysis

(HP4 area)
Area Average
£590/sq ft
Avg Rent (weekly)
£412
Avg Yield
3.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£300,000 - £500,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (HP4)

Area prices are falling by +4.7% over the last 12 months
3 year growth: -4.7%
5 year growth: -3.8%
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

Kingshill Way, Berkhamsted, Hertfordshire, HP4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£3,389
Based on a loan of £693,750 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE