Worst House on the Street Logo
Ridgeway Close, Hemel Hempstead - Image 1
Ridgeway Close, Hemel Hempstead - Image 2
Ridgeway Close, Hemel Hempstead - Image 3
Ridgeway Close, Hemel Hempstead - Image 4
Ridgeway Close, Hemel Hempstead - Image 5
Ridgeway Close, Hemel Hempstead - Image 6
Ridgeway Close, Hemel Hempstead - Image 7
Ridgeway Close, Hemel Hempstead - Image 8
Ridgeway Close, Hemel Hempstead - Image 9
Ridgeway Close, Hemel Hempstead - Image 10
Ridgeway Close, Hemel Hempstead - Image 11
Ridgeway Close, Hemel Hempstead - Image 12
Ridgeway Close, Hemel Hempstead - Image 13
Ridgeway Close, Hemel Hempstead - Image 14
Ridgeway Close, Hemel Hempstead - Image 15
Ridgeway Close, Hemel Hempstead - Image 16
Ridgeway Close, Hemel Hempstead - Image 17
Ridgeway Close, Hemel Hempstead - Image 18
Ridgeway Close, Hemel Hempstead - Image 19

Ridgeway Close, Hemel Hempstead

East of England

£425,000

Listed on 20/06/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1087 sqft

Description

This three-bedroom home, dating back to the 1930s, is situated in the sought-after Nash Mills area and presents a significant opportunity for renovation and investment. While the property is extended and boasts generous living spaces, it requires comprehensive modernization throughout. The layout includes a welcoming entrance porch leading into a spacious hall, with access to both the kitchen and dining room. The kitchen features refitted base and eye-level units, though further updates could enhance its functionality. The dining room flows into a living area with a bay window and fireplace, as well as an expansive garden room that brings in an abundance of natural light. This space opens onto the rear garden through French doors, connected to the utility room—complete with plumbing for laundry facilities—and a shower room which could benefit from contemporary upgrades. On the first floor, the landing offers access to three bedrooms and a family bathroom; while functional, these areas are also prime candidates for modernization. Notably, the loft has been partially converted with potential for further development upon obtaining relevant planning permissions. Externally, there's off-street parking available at the front with a sizable rear garden predominantly laid to lawn and supplemented by mature landscaping—ideal for future landscaping or expansion (STNP). With Hemel Hempstead’s reputation as a growing commuter town just 24 miles from London, this property not only provides comfortable living space but also an excellent investment opportunity due to its potential for value enhancement through renovations.

Investment Analysis

(HP3 area)

Below Market Value

This property is priced -14.4% below area average per sq ft

-14.4%
Potential saving
This Property
£391/sq ft
Area Average
£457/sq ft
Avg Rent (weekly)
£364
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£545,957
10% above area average per sq ft
Potential ROI
+12.6%
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
6%
Properties sold annually

Local Market Trend (HP3)

Area prices are rising by +5.2% over the last 12 months
3 year growth: +8.4%
5 year growth: +12.5%
Investment Disclaimer: Analysis based on HP3 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

Ridgeway Close, Hemel Hempstead
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,606
Based on a loan of £318,750 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.

Stamp Duty Calculator

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.