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Redbourn Road, Hemel Hempstead, Hertfordshire, HP2 - Image 1
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Redbourn Road, Hemel Hempstead, Hertfordshire, HP2

East of England

£825,000
Listed on 14/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
3114 sqft

Description

This four-bedroom detached house presents a unique opportunity for renovation and investment in a desirable location. Situated near Redbourn Road, the property benefits from excellent public transport links, providing easy access to central Hemel and surrounding areas. The neighborhood features local amenities including schools and parks, making it an appealing choice for families. One of the property's most intriguing aspects is the large double-storey outbuilding at the rear of the garden. Spanning over 1,000 sq ft (93 sqm), this versatile structure includes its own dedicated driveway and holds significant potential for conversion into a self-contained dwelling, home office, or guest accommodation—subject to planning permission. This feature enhances the property's value and sets it apart in a competitive market. Inside, the main house offers an inviting open-plan kitchen filled with natural light, which is complemented by spacious dining and living areas that cater to both relaxation and entertaining. Large windows throughout provide vistas of the garden while creating a vibrant atmosphere. With two reception rooms available, there is ample space for various layouts to suit your lifestyle needs. The sleeping accommodations include four generously sized double bedrooms. The master bedroom includes an en-suite bathroom and built-in wardrobes for added convenience. A multi-purpose bedroom located on the ground floor serves as either an additional bedroom or reception room, enhancing flexibility for family dynamics or guests. The property features three bathrooms: two on the first floor, one with a luxurious free-standing bath, and another providing a modern rain shower arrangement. A downstairs bathroom equipped with a shower adds practicality during busy mornings. Furthermore, the outbuilding includes its own bathroom facility, increasing functionality. Outside, you will find a sizable garden perfect for personal landscaping projects or outdoor activities. Additional benefits include private parking for up to seven vehicles and a single garage. This property not only promises immediate comfort but also offers considerable potential for those looking to invest in renovations or expansions. With its blend of unique features and excellent location, this home represents an appealing opportunity in today’s market.

Investment Analysis

(HP2 area)

Below Market Value

This property is priced -36.5% below area average per sq ft

-36.5%
Potential saving
This Property
£265/sq ft
Area Average
£417/sq ft
Avg Rent (weekly)
£351
Avg Yield
4.7%

Renovation Potential

Light Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£1,429,762
10% above area average per sq ft
Potential ROI
+65.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (HP2)

Area prices are rising by +2.7% over the last 12 months
3 year growth: 2.6%
5 year growth: 18.4%
Investment Disclaimer: Analysis based on HP2 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

Redbourn Road, Hemel Hempstead, Hertfordshire, HP2
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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
£3,022
Based on a loan of £618,750 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