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Fore Street, Hertford

East of England

£225,000
Listed on 05/10/2025

Property Details

Bedrooms
2
Type
Flat
Area
861 sqft

Description

Introducing a split-level apartment that offers a blend of character and investment potential, strategically located in the heart of Hertford. This property is well-connected via public transportation, making it an appealing choice for both residents and renters, situated just moments from the vibrant town center. Although the apartment requires some updating, it presents an excellent opportunity to enhance its value. The classic architectural features provide a solid foundation for those looking to invest or undertake renovation work. With its desirable location and charm, this residence could be transformed into a profitable "Buy To Let" option. Upon entry, you are greeted by an L-shaped hallway that leads into the fitted kitchen, which boasts a range of wall and base units along with essential appliances. Adjacent to the kitchen is a spacious reception room characterized by its inviting fireplace and exposed beams—ideal for relaxation or hosting gatherings. The upper level comprises two ample double bedrooms, each benefiting from natural light and period detailing that adds character. A fully tiled bathroom completes this floor, equipped with a white three-piece suite designed for both convenience and comfort. This property not only offers potential for customization but also allows buyers to tap into the historical charm of the area while enjoying modern conveniences. Its long lease further enhances its attractiveness to investors or cash buyers seeking a project with great upside potential in a sought-after locale. With established features awaiting your personal touch, this is an opportunity not to be overlooked for anyone looking to make their mark on a property in a prime location.

Investment Analysis

(SG14 area)

Below Market Value

This property is priced -49.4% below area average per sq ft

-49.4%
Potential saving
This Property
£261/sq ft
Area Average
£517/sq ft
Avg Rent (weekly)
£352
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£489,509
10% above area average per sq ft
Potential ROI
+92.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (SG14)

Area prices are stable by +2.0% over the last 12 months
3 year growth: -1.8%
5 year growth: 4.8%
Investment Disclaimer: Analysis based on SG14 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

Fore Street, Hertford
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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
£824
Based on a loan of £168,750 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