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Fallowfield Walk, Hemel Hempstead, HP1

East of England

£350,000
Listed on 30/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
866 sqft

Description

This three-bedroom family residence presents a promising opportunity for renovation and expansion, situated in a desirable neighborhood that is well-suited for families. The property is being sold chain-free and features both front and rear gardens that could be transformed into appealing outdoor spaces. Inside, the home comprises an entrance hallway leading to a spacious living room, a separate dining area, and a kitchen with access to the back garden—ideal for future enhancements or modernizing layouts. Upstairs hosts three bedrooms along with a family bathroom and access to the loft space that may offer further potential for development (subject to planning permissions). Families will appreciate the home's location within a reputable school catchment area, which simplifies morning routines. Additionally, easy access to excellent transport links facilitates commuting to nearby towns and cities. Local amenities such as shops, cafes, and parks enrich the community experience. Hemel Hempstead's shopping centers like the Malls of Riverside and The Marlowes are just a short distance away, providing essential services. Commuters can take advantage of close proximity to the M1 and M25 motorways, along with regular train services to London Euston. This property not only offers immediate living space but also significant potential for growth in both value and functionality through careful renovation.

Investment Analysis

(HP1 area)

Below Market Value

This property is priced -12.3% below area average per sq ft

-12.3%
Potential saving
This Property
£404/sq ft
Area Average
£461/sq ft
Avg Rent (weekly)
£336
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£439,101
10% above area average per sq ft
Potential ROI
+12.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (HP1)

Area prices are rising by +4.7% over the last 12 months
3 year growth: 11.7%
5 year growth: 13.7%
Investment Disclaimer: Analysis based on HP1 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

Fallowfield Walk, Hemel Hempstead, HP1
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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
£1,282
Based on a loan of £262,500 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