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Windmill Road, Hemel Hempstead, Hertfordshire, HP2

East of England

£385,000
Listed on 25/01/2026

Property Details

Bedrooms
2
Type
Semi-detached house

Description

This two-bedroom end-of-terrace home presents a significant opportunity for renovation and investment, available with no upper chain. Nestled in a sought-after residential area, the property boasts a driveway for off-road parking and a generous rear garden that is well-established yet offers room for enhancement. The interior layout is functional and well-proportioned, providing ample storage and views of the garden. The ground floor features an inviting hallway that flows into a bright sitting room with a charming fireplace. This space seamlessly connects to a conservatory, which enhances the living area and allows for year-round enjoyment of garden vistas. The kitchen/dining area includes fitted units with potential for modern upgrades. Upstairs, the two sizable bedrooms come equipped with built-in storage solutions. The main bedroom is enhanced with fitted wardrobes, while the second bedroom's versatility accommodates various uses such as a guest room or home office. The first-floor also contains a shower room and separate WC, which could benefit from contemporary updates. Outside, the private rear garden is mainly laid to lawn and complemented by mature shrubs and gravel paths; it presents an excellent canvas for further landscaping or outdoor living spaces. Additionally, this property has scope for extension (subject to necessary permissions), making it particularly appealing to first-time buyers or investors looking to add value. Convenience is another highlight of this location, with easy access to major routes like the M1, proximity to local shops, and being within reach of respected schools.

Investment Analysis

(HP2 area)
Area Average
£416/sq ft
Avg Rent (weekly)
£378
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (HP2)

Area prices are rising by +2.7% over the last 12 months
3 year growth: +2.0%
5 year growth: +17.7%
Investment Disclaimer: Analysis based on HP2 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

Windmill Road, Hemel Hempstead, Hertfordshire, HP2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,389
Based on a loan of £288,750 over 30 years at 4.06% 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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