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Fieldway, Berkhamsted, Hertfordshire, HP4

East of England

£795,000
Listed on 09/11/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1377 sqft

Description

This three-bedroom detached bungalow presents an intriguing chance for renovation and investment in a sought-after area of Berkhamsted. Spanning approximately 1,377 sq ft, this property offers a solid foundation for those looking to create their ideal living space. Upon entering, you'll find a welcoming hallway that flows into bright, well-lit rooms with potential for modernization. The living room benefits from ample natural light and features an inviting outlook, seamlessly transitioning to a dedicated dining area—perfect for both casual family meals and more formal gatherings. The separate kitchen/breakfast room provides not only generous storage and workspace but also direct access to the garden, enhancing its functionality for contemporary lifestyles. The three bedrooms are comfortably sized and conveniently located near the family bathroom and separate WC, ensuring ease of use for both residents and visitors. Set on a substantial plot, the outdoor space offers considerable possibilities for landscaping or outdoor entertainment. Additionally, the double garage adds significant value as secure parking or extra storage, while the driveway accommodates additional vehicles. Situated in a tranquil and established part of Berkhamsted, this property is just a short distance from local amenities including attractive shops, reputable schools, scenic countryside walks, and excellent transport links via the mainline station with direct services to London. This bungalow not only serves as a comfortable home but also represents an excellent opportunity for those looking to invest in an area with strong potential for capital appreciation through thoughtful renovations and updates.

Investment Analysis

(HP4 area)

Below Market Value

This property is priced -2.2% below area average per sq ft

-2.2%
Potential saving
This Property
£577/sq ft
Area Average
£590/sq ft
Avg Rent (weekly)
£412
Avg Yield
3.3%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£894,203
10% above area average per sq ft
Potential ROI
+8.4%
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

Fieldway, Berkhamsted, Hertfordshire, HP4
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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
£2,912
Based on a loan of £596,250 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