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Georgewood Road, Hemel Hempstead, HP3

East of England

£600,000
Listed on 04/03/2026

Property Details

Bedrooms
4
Type
Detached house
Area
928 sqft

Description

This spacious detached chalet bungalow presents a prime opportunity for renovation in the sought-after area of Nash Mills, located conveniently near Apsley Train Station and essential local amenities, including reputable schools. The property features a harmonious mix of classic charm and modern design elements, offering a bright and adaptable living space ideal for family life. With rooms flooded with natural light and key highlights such as bi-folding doors leading to an outdoor space that boasts potential for enhancement, this home is ripe for updates. The layout includes generously proportioned bedrooms and two well-appointed bathrooms, which can be further optimized to meet contemporary living standards. Noteworthy is the granted planning permission for the installation of two dormers at the front and external rendering, providing an excellent opportunity to add value through expansion. Additionally, the large driveway accommodates multiple vehicles, adding to the practicality of this family residence. Nestled close to scenic canal walks and picturesque routes, this property not only offers immediate comfort but also exciting possibilities for future improvement, making it a compelling investment.

Investment Analysis

(HP3 area)

Above Market Value

This property is priced +40.9% above area average per sq ft

+40.9%
This Property
£647/sq ft
Area Average
£459/sq ft
Avg Rent (weekly)
£350
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £70,000
Target Value
£468,496
10% above area average per sq ft
Potential ROI
-30.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (HP3)

Area prices are stable by +1.6% over the last 12 months
3 year growth: +3.8%
5 year growth: +14.3%
Investment Disclaimer: Analysis based on HP3 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

Georgewood Road, Hemel Hempstead, HP3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,164
Based on a loan of £450,000 over 30 years at 4.06% 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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