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Larchwood Road, Hemel Hempstead, HP2

East of England

£450,000
Listed on 23/03/2026

Property Details

Bedrooms
4
Type
End Of Terrace
Area
1242 sqft

Description

Situated in the peaceful area of Larchwood Road in Hemel Hempstead, this expansive end-terrace home built in 1955 offers a significant canvas for renovation and enhancement. With a generous living space of 1,242 square feet, it presents an excellent opportunity for families looking to invest in a property that can be tailored to their needs. The ground floor features three spacious reception rooms, providing versatile areas for both entertaining and family gatherings. A practical shower room and utility area add functionality to daily routines. Upstairs, the home boasts four sizeable bedrooms complemented by a family bathroom, catering well to the needs of larger households. One notable asset is the sizable rear garden — perfect for outdoor pursuits or potential landscaping projects. There is also scope for expansion through planning permission, enabling buyers to further develop the property as desired. The current availability of street parking combined with the potential for off-street parking (subject to approval) enhances convenience for residents. With its quiet residential surroundings and proximity to local amenities, this property offers an attractive proposition for those seeking both peace and growth potential in Hemel Hempstead. The existing layout and space make it ideal for renovation enthusiasts looking to create their dream home.

Investment Analysis

(HP2 area)

Below Market Value

This property is priced -13.5% below area average per sq ft

-13.5%
Potential saving
This Property
£362/sq ft
Area Average
£419/sq ft
Avg Rent (weekly)
£357
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£572,096
10% above area average per sq ft
Potential ROI
+16.8%
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

Larchwood Road, 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
£1,623
Based on a loan of £337,500 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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