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Ridgeway, Berkhamsted

East of England

£550,000
Listed on 25/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
896 sqft

Description

This three-bedroom semi-detached home, situated on the sought-after Ridgeway in Berkhamsted, presents a valuable opportunity for renovation and enhancement. The property is conveniently located within walking distance of the vibrant Berkhamsted High Street, allowing easy access to local amenities, schools, and transport links. Set back from the street with driveway parking, this home features a traditional layout that includes an entrance hall leading into a front-facing lounge, a separate dining area, and a functional kitchen. Upstairs, you will find three well-sized bedrooms along with a family bathroom. The existing configuration serves as a solid base for future updates or modifications, making it an appealing prospect for buyers eager to create a tailored living space. A notable highlight of the property is its expansive rear garden, which provides ample outdoor space that could be utilized for various purposes such as gardening, leisure activities, or even extending the home (subject to planning permission). The property's generous plot size further enhances its investment potential. With careful planning and vision, this house has the makings of a truly personalized family home in a desirable location. This property is being offered chain-free and awaits new owners who are ready to unlock its full potential through modernization and thoughtful upgrades.

Investment Analysis

(HP4 area)

Above Market Value

This property is priced +4.0% above area average per sq ft

+4.0%
This Property
£614/sq ft
Area Average
£590/sq ft
Avg Rent (weekly)
£412
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£581,849
10% above area average per sq ft
Potential ROI
-3.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (HP4)

Area prices are falling by +4.7% over the last 12 months
3 year growth: -4.7%
5 year growth: -3.8%
Investment Disclaimer: Analysis based on HP4 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

Ridgeway, Berkhamsted
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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
£2,015
Based on a loan of £412,500 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