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Tattershall Drive, Hemel Hempstead, HP2

East of England

£120,000
Listed on 06/05/2026

Property Details

Bedrooms
1
Type
Flat
Area
426 sqft

Description

This one-bedroom top floor flat in the sought-after Woodhall Farm area offers a promising opportunity for those looking to invest, whether as a first-time buyer or landlord. Currently generating a rental income of £950 per month, this property is ripe for modernization and could significantly enhance its value with some thoughtful upgrades. The living room enjoys ample natural light and pleasant views over open fields, setting a serene atmosphere. The kitchen comes equipped with base and wall-mounted units, providing a solid foundation for a contemporary renovation while accommodating essential appliances like an under-counter fridge/freezer and washing machine. A generously sized double bedroom features fitted wardrobes, ensuring efficient use of space. The bathroom includes the standard amenities but would benefit from an update to meet modern standards. An added bonus is the garage in the block, which offers secure parking or additional storage options. With approximately 50 years left on the leasehold and located close to various local conveniences and transport links, this flat presents an attractive investment opportunity awaiting your personal touch.

Investment Analysis

(HP2 area)

Below Market Value

This property is priced -32.6% below area average per sq ft

-32.6%
Potential saving
This Property
£282/sq ft
Area Average
£418/sq ft
Avg Rent (weekly)
£328
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£12,000 - £20,000
Target Value
£195,969
10% above area average per sq ft
Potential ROI
+40.0%
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
10%
Properties sold annually

Local Market Trend (HP2)

Area prices are stable by +0.7% over the last 12 months
3 year growth: -2.3%
5 year growth: +11.2%
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

Tattershall Drive, Hemel Hempstead, HP2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£428
Based on a loan of £90,000 over 30 years at 3.97% 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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