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Herbert Street, Hemel Hempstead HP2 - Image 1
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Herbert Street, Hemel Hempstead HP2

East of England

£325,000
Listed on 16/03/2026

Property Details

Bedrooms
2
Type
Cottage

Description

Nestled on a desirable residential street in Hemel Hempstead Old Town, this charming two-bedroom cottage presents an excellent investment opportunity for those keen to create a personalized living space. The property features two spacious reception rooms that offer versatile options for both living and dining, rich with character yet primed for modernization. At the rear, a kitchen opens up to a quaint cottage garden, providing a serene outdoor area perfect for relaxation or entertaining guests. Upstairs, there are two bedrooms along with a family bathroom. While some updating is necessary to bring it to contemporary standards, it benefits from recent upgrades including a new slate roof, ensuring structural integrity while you plan your enhancements. This home allows you the freedom to improve and customize while preserving its historic charm. With no onward chain, this property is positioned for a smooth transaction and is conveniently located moments away from the shops, cafés, and amenities of Old Town, making it an ideal choice for those who appreciate community living in a character-filled environment.

Investment Analysis

(HP2 area)
Area Average
£419/sq ft
Avg Rent (weekly)
£357
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (HP2)

Area prices are rising by +3.5% over the last 12 months
3 year growth: +2.4%
5 year growth: +16.3%
Investment Disclaimer: Analysis based on HP2 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

Herbert Street, Hemel Hempstead HP2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,172
Based on a loan of £243,750 over 30 years at 4.06% 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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