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Fletcher Way, Hemel Hempstead

East of England

£375,000

Listed on 18/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
808 sqft

Description

This three-bedroom mid-terrace home presents a promising opportunity for renovation and personal customization. While it features a modern kitchen and bathroom, there remains substantial potential to enhance the living space and add value. The layout includes three well-proportioned bedrooms and a spacious lounge, making it a versatile environment suitable for families or remote working arrangements. The property benefits from electric heating and includes a practical lean-to at the rear for additional storage. Outside, the garden is well-maintained, featuring both patio and lawn areas, perfect for outdoor leisure. Its location is advantageous, being in proximity to schools and local amenities, appealing to both families and investors. The home does require some updating in certain areas, allowing buyers to implement their own style while increasing value. Early viewing is encouraged to explore the full renovation potential that this property offers.

Investment Analysis

(HP2 area)

Above Market Value

This property is priced +11.0% above area average per sq ft

+11.0%
This Property
£464/sq ft
Area Average
£418/sq ft
Avg Rent (weekly)
£328
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£371,696
10% above area average per sq ft
Potential ROI
-8.2%
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

Fletcher Way, 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
£1,338
Based on a loan of £281,250 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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