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Church Street, Hemel Hempstead, HP2

East of England

£225,000

Listed on 01/06/2026

Property Details

Bedrooms
3
Type
Apartment
Area
850 sqft

Description

This first-floor three-bedroom apartment presents a unique opportunity for renovation enthusiasts and savvy investors. Situated in a sought-after development near the historic Old Town, this property is conveniently located close to local shops and essential amenities. The layout features a welcoming entrance hallway with ample storage, leading into three bedrooms—two of which are generous doubles. The bright living/dining area provides potential for modernisation, while the spacious kitchen, equipped with existing wall and base units, offers further scope for improvement. The family bathroom, complete with a classic white suite, alongside a separate WC, adds practicality to the space. Benefiting from gas central heating and double glazing, this apartment enjoys beautiful countryside views and access to communal grounds as well as nearby parks and open spaces. On-street parking is also readily available. With its size and location, this property not only serves as an ideal first home but is also an attractive prospect for investors looking to capitalize on refurbishment opportunities.

Investment Analysis

(HP2 area)

Below Market Value

This property is priced -36.8% below area average per sq ft

-36.8%
Potential saving
This Property
£265/sq ft
Area Average
£419/sq ft
Avg Rent (weekly)
£334
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£391,531
10% above area average per sq ft
Potential ROI
+47.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (HP2)

Area prices are rising by +2.1% over the last 12 months
3 year growth: -0.6%
5 year growth: +11.5%
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

Church Street, Hemel Hempstead, HP2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£850
Based on a loan of £168,750 over 30 years at 4.45% 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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