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High Street, Old Town, HP1

East of England

£325,000

Listed on 14/07/2026

Property details

Bedrooms
4
Type
Maisonette

Description

This four-bedroom maisonette presents a unique opportunity for renovation enthusiasts and investors alike. Situated in the historic Old Town of Hemel Hempstead, this substantial property spans approximately 1,510 sq ft over the upper floors of a mixed-use building. While it currently requires complete refurbishment, its generous space and prime location offer significant potential to create a desirable family home or a lucrative rental property. The separate access enhances privacy and the chance to reconfigure the layout according to modern living standards. Nestled amidst an array of charming local shops, cafés, and restaurants, with easy access to the town centre and transport links, this maisonette is primed for transformation into a sought-after residence.

Investment analysis

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

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
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, Old Town, HP1
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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
£1,228
Based on a loan of £243,750 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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