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Candlefield Road, Hemel Hempstead

East of England

£375,000
Listed on 14/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1091 sqft

Description

This three-bedroom end of terrace home presents a compelling opportunity for renovation in a sought-after residential area. Currently requiring modernisation, the property offers a spacious layout with two generously sized double bedrooms and a functional kitchen, alongside a family bathroom and an additional shower room on the ground floor. The mature front and back gardens add potential for landscaping or outdoor enhancements. Located conveniently within walking distance to local amenities at Bennetts Gate, as well as nearby green spaces and educational facilities, this property could be transformed into a comfortable family residence or rental investment with some thoughtful updates.

Investment Analysis

(HP3 area)

Below Market Value

This property is priced -25.0% below area average per sq ft

-25.0%
Potential saving
This Property
£344/sq ft
Area Average
£458/sq ft
Avg Rent (weekly)
£362
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£549,646
10% above area average per sq ft
Potential ROI
+34.1%
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
20%
Properties sold annually

Local Market Trend (HP3)

Area prices are stable by +1.4% over the last 12 months
3 year growth: +1.6%
5 year growth: +15.5%
Investment Disclaimer: Analysis based on HP3 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

Candlefield Road, Hemel Hempstead
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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
£1,352
Based on a loan of £281,250 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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