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Hillside Gardens, Berkhamsted, Hertfordshire HP4

East of England

£925,000
Listed on 07/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1432 sqft

Description

Located in the desirable area of Hillside Gardens, this four-bedroom detached chalet bungalow presents a significant opportunity for renovation and investment. The property is sold with no upper chain, allowing for a straightforward acquisition process. On the ground floor, you'll find a welcoming entrance hall that leads into a spacious living room, which features direct access to the rear garden. This layout offers potential for reconfiguration or modernization. Adjacent is a separate dining room and a kitchen/dining area, both of which could benefit from updates to enhance functionality and style. This level also includes two well-sized bedrooms along with a family bathroom, making it particularly suitable for families or those who prefer single-level living. The first floor comprises two additional double bedrooms, including a generously proportioned principal suite, accompanied by a modern family bathroom. Eaves storage provides extra space for belongings; however, further enhancements could maximize the utility of this area. Outdoor features include driveway parking and a garage, providing ample storage options along with potential for conversion into additional living space or a workshop. With its solid structure and prime location, this property offers an exciting canvas for those keen on making personalized improvements while enjoying the benefits of an established neighborhood.

Investment Analysis

(HP4 area)

Above Market Value

This property is priced +9.4% above area average per sq ft

+9.4%
This Property
£646/sq ft
Area Average
£591/sq ft
Avg Rent (weekly)
£471
Avg Yield
3.2%

Renovation Potential

Est. Renovation Cost
£92,500 - £231,250
10-25% of property value
Target Value
£930,234
10% above area average per sq ft
Potential ROI
-19.5%
After renovation
Monthly Sales
12
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (HP4)

Area prices are falling by +7.5% over the last 12 months
3 year growth: -3.5%
5 year growth: -2.9%
Investment Disclaimer: Analysis based on HP4 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Hillside Gardens, Berkhamsted, Hertfordshire HP4
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