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Phoenix Walk, Hemel Hempstead, HP2

East of England

£685,000

Listed on 09/04/2026

Property Details

Bedrooms
4
Type
Detached
Area
1561 sqft

Description

This detached residence boasts an abundance of natural light and offers spacious accommodations with significant potential for further enhancement, subject to obtaining the necessary planning permissions. Adjacent to a newly established Community Garden, which is safeguarded from future developments by the Crown Estate, this property provides both a serene living environment and investment value. Upon entering, you'll find a welcoming hallway that leads you to two generous reception areas, including a large dual-aspect living room with French doors that seamlessly connect to the rear garden, and an appealing dining room at the front. At the back of the house is an expansive triple-aspect kitchen/breakfast room, illuminated by Velux windows and more French doors, creating a bright and airy atmosphere. The kitchen features modern cabinetry, a central island, built-in double oven, integrated appliances, and ample dining space. The upper level accommodates four bedrooms—three spacious doubles and a single—where the principal bedroom benefits from fitted wardrobes and an en-suite shower room. A stylish family bathroom caters to the remaining rooms on this floor. Additional features include eco-friendly solar panels for reduced energy expenses, Smart home systems for heating control, as well as facilities for satellite television. The double garage includes useful loft storage space and multiple parking options are available outside. The well-kept gardens surrounding the property enhance outdoor living opportunities with a private walled rear garden featuring lawn space, patio areas for entertaining, and beautiful flower beds. Located within a tranquil development on the outskirts of Hemel Hempstead, just a short walk from popular walking routes along the Nickey Line and convenient local amenities such as schools rated 'Outstanding' by Ofsted. This home not only provides comfortable living but also represents an excellent opportunity for future improvements or expansions.

Investment Analysis

(HP2 area)

Above Market Value

This property is priced +4.8% above area average per sq ft

+4.8%
This Property
£439/sq ft
Area Average
£419/sq ft
Avg Rent (weekly)
£334
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£719,036
10% above area average per sq ft
Potential ROI
-0.8%
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

Phoenix Walk, 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
£2,588
Based on a loan of £513,750 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

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