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Milton Dene, Hemel Hempstead

East of England

£140,000
Listed on 14/10/2025

Property Details

Bedrooms
2
Type
Flat

Description

This two-bedroom mid-floor flat presents a promising opportunity for renovation and investment. The property features a spacious living area, a sizeable kitchen, and a family bathroom, providing ample room for customization. While some updating is needed, buyers can envision transforming this space to suit their personal taste or to enhance its market value. Located in a well-regarded residential neighborhood, the flat benefits from well-maintained communal gardens and convenient parking options. Just 0.3 miles away, residents will find an array of local amenities including shops, cafes, and public transport links, adding to the property’s appeal for both first-time buyers and investors looking to leverage rental potential. The flat is currently offered with a low lease term, making it particularly attractive to cash buyers or those interested in extending the lease. This situation provides an excellent chance to add value to the property while creating a tailored living space. With considerable scope for renovation, prospective owners are encouraged to explore this unique investment opportunity at their earliest convenience.

Investment Analysis

(HP2 area)
Area Average
£417/sq ft
Avg Rent (weekly)
£351
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £20,000
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

Milton Dene, Hemel Hempstead
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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
£513
Based on a loan of £105,000 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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