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Spring Lane, Hemel Hempstead

East of England

£450,000
Listed on 07/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
949 sqft

Description

This three-bedroom semi-detached house presents a valuable opportunity for those looking to invest in a property with significant renovation potential. Situated in a desirable residential neighborhood, the home is currently in need of modernisation, making it an ideal project for buyers seeking to add personal touches and increase value. The property features generous living spaces, a sizable kitchen, and a family bathroom. Outside, you will find both front and rear gardens along with a driveway leading to the garage, providing convenient off-street parking. With local amenities just 0.3 miles away and schools within half a mile, this location combines accessibility with family-friendly surroundings. This property is unencumbered by chains, allowing for a smoother purchase process for prospective investors that are eager to make their mark.

Investment Analysis

(HP1 area)

Above Market Value

This property is priced +2.9% above area average per sq ft

+2.9%
This Property
£474/sq ft
Area Average
£461/sq ft
Avg Rent (weekly)
£344
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£481,238
10% above area average per sq ft
Potential ROI
+0.3%
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
10%
Properties sold annually

Local Market Trend (HP1)

Area prices are stable by -1.0% over the last 12 months
3 year growth: +3.0%
5 year growth: +2.4%
Investment Disclaimer: Analysis based on HP1 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

Spring Lane, Hemel Hempstead
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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
£1,605
Based on a loan of £337,500 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.

Stamp Duty Calculator

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