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Fore Street, Hertford

East of England

£225,000
Listed on 26/09/2025

Property Details

Bedrooms
2
Type
Apartment
Area
861 sqft

Description

This split-level apartment, situated in the heart of Hertford, offers a unique opportunity for renovation enthusiasts and investors alike. With its prime location and strong transport links, the property is well-positioned to attract tenants or future buyers. While some updates are needed, the characterful features, such as exposed beams and a charming fireplace in the reception room, provide a solid foundation for creating a modern yet inviting living space. Upon entry, you’ll find an L-shaped hallway leading to a functional fitted kitchen with ample storage options and built-in appliances. The spacious living room is ideal for entertaining, enhanced by natural light from large windows and traditional detailing. The upper level comprises two double bedrooms with historical attributes that could be further enhanced through thoughtful renovations. The fully tiled bathroom includes essential amenities but may benefit from modernization. This property is particularly suited to cash buyers seeking to capitalize on its existing charm while unlocking potential value through refurbishment. With over 145 years remaining on the lease and the added significance of being Grade II listed, this apartment is not only a home but also a strategic investment that promises good returns in the evolving Hertford market.

Investment Analysis

(SG14 area)

Below Market Value

This property is priced -49.3% below area average per sq ft

-49.3%
Potential saving
This Property
£261/sq ft
Area Average
£515/sq ft
Avg Rent (weekly)
£365
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£487,709
10% above area average per sq ft
Potential ROI
+91.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (SG14)

Area prices are rising by +2.1% over the last 12 months
3 year growth: -6.8%
5 year growth: +2.8%
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 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£797
Based on a loan of £168,750 over 30 years at 3.91% 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.

Stamp Duty Calculator

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