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Magdalen Close, Hempstead, Kent, ME7

South East

£650,000
Listed on 10/04/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
1776 sqft

Description

This detached bungalow, located in the desirable area of Magdalen Close, Hempstead, offers a rare chance to own a sizeable property in a region where such homes are limited. Set on a generous corner plot, the property boasts a wrap-around garden providing privacy and ample outdoor space. Currently configured as two spacious bedrooms—originally designed as three—it presents an opportunity for reconfiguration to suit your needs. The main bedroom is notable for its ensuite and walk-in wardrobe, while fresh carpets add an immediate sense of comfort throughout the home. Although it’s ready for occupation, this bungalow offers significant renovation potential to modernise and enhance functionality—whether that involves updating the interiors or exploring possibilities for extension (subject to planning permission). Externally, a double garage with electric door access adds convenience, and the expansive garden invites creativity for landscaping or further development. Located conveniently near Hempstead Valley Shopping Centre with its diverse retail and dining options, this home is ideal for families due to its proximity to well-regarded local schools and excellent transport links into London. With no onward chain and a probate process pending, this property stands as an attractive investment opportunity in a prime location.

Investment Analysis

(ME7 area)

Above Market Value

This property is priced +22.1% above area average per sq ft

+22.1%
This Property
£366/sq ft
Area Average
£300/sq ft
Avg Rent (weekly)
£273
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£585,396
10% above area average per sq ft
Potential ROI
-16.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
51
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (ME7)

Area prices are rising by +3.6% over the last 12 months
3 year growth: +2.0%
5 year growth: +16.0%
Investment Disclaimer: Analysis based on ME7 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

Magdalen Close, Hempstead, Kent, ME7
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,302
Based on a loan of £487,500 over 30 years at 3.91% 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

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