Taverners, Hemel Hempstead
East of England
£425,000
Listed on 01/10/2026
Listed on 01/10/2026
The listing
Property details
Bedrooms
3Type
End Of TerraceArea
864 sqftFeatures
- Garden
- Parking
Description
This three-bedroom home has a fitted kitchen, a spacious lounge and dining area, a family bathroom and three double bedrooms. A large store provides scope to explore a utility room or ground-floor bathroom, subject to permissions and feasibility. Outside, the property has a rear garden and a newly laid driveway with space for up to three vehicles.
The home is in the HP2 area, with access to Hemel Hempstead town centre, the Old Town High Street, local shops, schools, parks and transport links. The store-area conversion potential and existing parking and garden may be relevant to buyers considering how the property could be adapted, with any proposed works requiring appropriate checks.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
40out of 100
Grade ELow opportunity
Confidence: MEDIUM
This is a usable three-bedroom home with a spacious lounge/diner, a driveway with parking for three cars and a good-sized garden. The main value-add is a light refresh: update the dated bedroom and bathroom finishes, improve the garden’s informal paving and planting, and consider the store’s possible utility or bathroom use, subject to feasibility and any necessary permissions.
The asking price is the sticking point: at £492/sq ft, it is above the local average of £418/sq ft. With the £6,000–£17,000 refurbishment range, the asking price plus works also leaves costs stretched against the local benchmark for this floor area; that comparison is not a forecast of the value after renovation. The parking, garden and convenient setting give the property useful fundamentals, but the numbers make this a weak overall opportunity at the current price.
Key opportunities
- Refresh the dated bedroom décor, carpets and bathroom finishes for a more contemporary feel.
- Make the most of the lawn and patio by tidying the informal paving and planting.
- Explore whether the large store could work as a utility or downstairs bathroom, subject to feasibility and permissions.
Key risks
- At the current asking price, adding the refurbishment spend leaves the total outlay stretched against the local benchmark for a home of this floor area.
- Factor in roughly £436,500 once the asking price and an estimated £11,500 of refurbishment are combined, leaving a gap of around 17% versus area norms for this sqft. Finished value after works is not modelled here.
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Finance
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Illustrative repayments based on the asking price, not a mortgage offer.
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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.
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