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Waveney, Hemel Hempstead, HP2

East of England

£135,000
Listed on 03/03/2026

Property Details

Bedrooms
1
Type
Flat
Area
508 sqft

Description

This one-bedroom ground floor maisonette offers a significant opportunity for renovation enthusiasts looking to customize a layout that fits their vision. Located on the ground floor with convenient access to the communal garden, this property features an inviting lounge bathed in natural light, providing ample room for both relaxation and dining areas. The well-sized bedroom presents a flexible space, perfect for adding storage solutions to maximize functionality. The kitchen comes equipped with basic cabinetry and additional built-in storage, while the bathroom includes essential fixtures such as a bath, toilet, and sink. A notable feature of this maisonette is the spacious walk-in cupboard, which has great potential to be transformed into a stylish walk-in wardrobe or an efficient home office. With its ample living space and outdoor accessibility, this property is ideally suited for first-time buyers and investors keen to embark on a refurbishment journey that unlocks its full potential.

Investment Analysis

(HP2 area)

Below Market Value

This property is priced -36.5% below area average per sq ft

-36.5%
Potential saving
This Property
£266/sq ft
Area Average
£419/sq ft
Avg Rent (weekly)
£357
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£233,998
10% above area average per sq ft
Potential ROI
+41.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (HP2)

Area prices are rising by +3.5% over the last 12 months
3 year growth: +2.4%
5 year growth: +16.3%
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

Waveney, Hemel Hempstead, 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
£487
Based on a loan of £101,250 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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