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Runham Road, Hemel Hempstead HP3

East of England

£475,000
Listed on 24/04/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
939 sqft

Description

This rarely available detached bungalow represents a significant opportunity for renovation in a sought-after residential area. The property, comprising three bedrooms and spacious living areas, is currently in need of modernisation and offers ample potential for enhancement to suit contemporary living standards. The good-sized kitchen and family bathroom are ready for updates, while the mature rear garden presents an inviting outdoor space with landscaping possibilities. Additionally, the garage and driveway provide valuable off-street parking. With local amenities just moments away—including a convenience store, the Snow Centre, and primary school—this property is ideally positioned for families or investors looking to add value through thoughtful upgrades. Early viewings are highly recommended to explore its full potential.

Investment Analysis

(HP3 area)

Above Market Value

This property is priced +10.3% above area average per sq ft

+10.3%
This Property
£506/sq ft
Area Average
£459/sq ft
Avg Rent (weekly)
£359
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£473,636
10% above area average per sq ft
Potential ROI
-8.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (HP3)

Area prices are rising by +3.3% over the last 12 months
3 year growth: +6.3%
5 year growth: +13.6%
Investment Disclaimer: Analysis based on HP3 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

Runham Road, Hemel Hempstead HP3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,682
Based on a loan of £356,250 over 30 years at 3.91% 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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