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Runham Road, Hemel Hempstead

East of England

£475,000
Listed on 11/03/2026

Property Details

Bedrooms
3
Type
Detached house
Area
939 sqft

Description

This detached bungalow, situated in a sought-after residential area, presents a unique opportunity for investors and renovators looking to create their ideal home. With three bedrooms and generous living spaces, the property is poised for transformation through modernisation. The kitchen and family bathroom will benefit from upgrades, offering potential to improve functionality and aesthetics. Additionally, the mature rear garden provides ample space for landscaping or creating an outdoor oasis. A garage and driveway offer convenient off-street parking. Located just steps away from local amenities, including a convenience store, Snow Centre, and primary school, this property is ideally positioned. It’s being sold with no upper chain, making it an attractive prospect for those ready to invest in a refurbishment project.

Investment Analysis

(HP3 area)

Above Market Value

This property is priced +10.2% above area average per sq ft

+10.2%
This Property
£506/sq ft
Area Average
£459/sq ft
Avg Rent (weekly)
£350
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£474,049
10% above area average per sq ft
Potential ROI
-9.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (HP3)

Area prices are stable by +1.6% over the last 12 months
3 year growth: +3.8%
5 year growth: +14.3%
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

Runham 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
£1,713
Based on a loan of £356,250 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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