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Chambersbury Lane, Hemel Hempstead

East of England

£650,000
Listed on 24/04/2025

Property Details

Bedrooms
3
Type
Detached
Area
1983 sqft

Description

This generously sized family residence, situated on a tranquil road in Hemel Hempstead, presents an excellent opportunity for those looking to invest in a property with considerable renovation potential. The layout is spacious and adaptable, making it an ideal candidate for modernization. With the possibility to refurbish, reconfigure, or extend (subject to planning permission), buyers can truly personalize this home according to their vision. The ground floor begins with a welcoming entrance vestibule that provides a practical space for storing shoes and coats. There's a convenient downstairs WC and a well-proportioned living/dining area that boasts dual-aspect windows and patio doors leading out to the rear garden—perfect for creating indoor-outdoor living spaces. The kitchen features a combination of base and eye-level units along with useful pantry storage, providing ample scope for contemporary upgrades. Accessed from both the hallway and living space is a cozy family room, which could serve as an additional lounge or play area. Beyond the kitchen lies a covered storage area ideal for laundry appliances, leading to an internal courtyard and access to the garden and garage. Upstairs, the landing opens up to three well-sized bedrooms, each with integrated storage options—a significant asset when considering floor plan modifications. The master includes an en-suite bathroom while the second bedroom features its own wash basin. A family bathroom completes this level, offering another chance for modern upgrades. Externally, the property boasts off-street parking thanks to its block-paved driveway and generous outdoor spaces front and back—including mature hedges that ensure privacy in the large rear garden. Hemel Hempstead itself is known for its blend of contemporary and historical architecture alongside vibrant community spaces like the rejuvenated Jellicoe Water Gardens. This location combines practicality with lifestyle amenities, making this home not just an investment but also a desirable place to live.

Investment Analysis

(HP3 area)

Below Market Value

This property is priced -28.6% below area average per sq ft

-28.6%
Potential saving
This Property
£328/sq ft
Area Average
£459/sq ft
Avg Rent (weekly)
£350
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£1,001,108
10% above area average per sq ft
Potential ROI
+43.0%
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

Chambersbury Lane, Hemel Hempstead
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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
£2,344
Based on a loan of £487,500 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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