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Runham Road, Hemel Hempstead

East of England

£450,000

Listed on 11/03/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
939 sqft

Description

This detached bungalow, located in a desirable residential neighborhood, presents a compelling opportunity for investors or those looking to create their ideal home. Featuring three bedrooms and generous living spaces, the property is ripe for modernisation. With a good-sized kitchen and family bathroom, there is ample scope to enhance the layout and design to meet contemporary standards. The mature rear garden offers potential for landscaping, while the garage and driveway provide convenient off-street parking. Benefitting from proximity to local amenities including shops and schools, this property is ideally positioned for both family living and investment. Note that it is currently available for viewings despite having an accepted offer pending contract completion.

Investment Analysis

(HP3 area)

Above Market Value

This property is priced +5.0% above area average per sq ft

+5.0%
This Property
£479/sq ft
Area Average
£457/sq ft
Avg Rent (weekly)
£364
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£471,622
10% above area average per sq ft
Potential ROI
-5.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (HP3)

Area prices are rising by +5.2% over the last 12 months
3 year growth: +8.4%
5 year growth: +12.5%
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

Runham Road, Hemel Hempstead
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,700
Based on a loan of £337,500 over 30 years at 4.45% 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.

Stamp Duty Calculator

Price History

-5.3% since listed
£450,000£25,000(-5.3%)
04/06/2026
Current price
£475,000Initial listing
12/03/2026

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