Palmer Road, Hertford, SG14
East of England
£350,000
Listed on 07/11/2026
Listed on 07/11/2026
The listing
Property details
Bedrooms
2Type
TerracedArea
618 sqftFeatures
- Garden
Description
Morgan Alexander presents this chain-free two-bedroom terraced house in Bengeo, Hertford, with approximately 618 sq ft of accommodation and scope for modernisation. The ground floor has an entrance hall, a dual-aspect living room with exposed floorboards and a fireplace opening, and a separate kitchen with a storage cupboard and direct access to the rear garden.
Upstairs are two bedrooms, including a dual-aspect principal bedroom with built-in storage, and a separate shower room. A small front garden sits behind a path to the entrance, while the rear garden provides space for landscaping and outdoor seating. The listing notes potential to extend, subject to the necessary permissions and consents. On-street parking is available. Local schools, Hertford town centre and both Hertford North and Hertford East stations are within walking distance.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
35out of 100
Grade ELow opportunity
Confidence: MEDIUM
This chain-free two-bedroom terrace in Bengeo has a clear renovation canvas: a dual-aspect living room, a separate kitchen opening onto the generous rear garden, and scope to reshape the interiors and outdoor space. The photographed rooms are substantially worn and unfinished, so this is a heavy project rather than a cosmetic refresh; the visible brickwork and roof show no obvious major failure, though photos cannot establish their full condition.
The value is the main constraint. At £350,000, the asking price is already above the local £/sq ft benchmark, and adding a substantial works programme leaves the overall outlay stretched against local benchmarks for a home of this size—not a forecast of its value after renovation. The garden, nearby town centre and walkable rail stations add appeal, but the numbers make this a low-opportunity project at the current asking price.
Key opportunities
- The separate kitchen and dual-aspect living room give a clear starting point for reworking the ground-floor feel while retaining distinct living and cooking spaces.
- The generous rear garden can be cleared and landscaped into a more usable outdoor area, with room for seating and lawn.
- The worn finishes across the living room and bedrooms offer scope to establish a consistent interior scheme; the listing also describes potential to extend, subject to permissions and feasibility.
Key risks
- Worn floors and unfinished finishes across several photographed rooms, alongside a deteriorated kitchen and basic shower room, point to a substantial multi-room programme; allow for a full interior overhaul rather than a cosmetic refresh.
- At the asking price, the purchase combined with substantial works leaves costs stretched against local benchmarks for this 618 sq ft home, limiting the margin for error.
- Budget carefully — economics look thin with the asking price plus a meaningful modernisation spend, about 23% ahead of typical local benchmarks for this size. Finished value after works is not modelled here.
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Transport
Nearest stations
Hertford East Rail Station
0.6 miles
Train · Hertford
Hertford North Rail Station
0.8 miles
Train · Hertford
Ware Rail Station
2.2 miles
Train · Ware
Bayford Rail Station
3.5 miles
Train · Bayford
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£1,430
Based on a loan of £262,500 over 30 years at 5.13% 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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