Worst House on the Street Logo
High Street, Hemel Hempstead, HP1 - Image 1
High Street, Hemel Hempstead, HP1 - Image 2
High Street, Hemel Hempstead, HP1 - Image 3
High Street, Hemel Hempstead, HP1 - Image 4
High Street, Hemel Hempstead, HP1 - Image 5
High Street, Hemel Hempstead, HP1 - Image 6

High Street, Hemel Hempstead, HP1

East of England

£45,000

Listed on 13/07/2026

Property details

Bedrooms
N/A
Type
Studio

Description

This self-contained studio presents a unique investment opportunity in the historic Old Town of Hemel Hempstead. Set at the rear of a mixed-use building, this compact accommodation spans approximately 242 sq ft and features its own access. While currently in need of refurbishment and modernization, it offers a blank canvas for investors or first-time buyers to enhance the space into attractive studio living or rental potential, subject to necessary approvals. The location is ideal, surrounded by independent shops, cafés, and restaurants, with easy access to the town centre and mainline railway station. This property is part of a wider development that includes both commercial and residential units available separately.

Investment analysis

(HP1 area)
Area Average
£460/sq ft
Avg Rent (weekly)
£344
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £20,000
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
9%
Properties sold annually

Local Market Trend (HP1)

Area prices are rising by +2.9% over the last 12 months
3 year growth: +4.3%
5 year growth: +5.4%
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

High Street, Hemel Hempstead, HP1
Loading map...

Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£170
Based on a loan of £33,750 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.

Allcott Associates