1-bedroom flat · HP2 5NX
For saleReduced £10k (−6.3%) on 29 SepListed 42 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Castles are pleased to offer for sale this well-presented one bedroom second-floor apartment, ideally situated in the popular Highfield area of Hemel Hempstead, conveniently located for a range of local shops, amenities and excellent transport links.
The property is accessed via a secure communal entrance and offers well-proportioned accommodation throughout, including a welcoming entrance hall with a large storage/utility cupboard, a generous lounge with direct access to the private balcony enjoying far-reaching views, and a recently refitted kitchen featuring a range of wall and base units, built-in oven and hob, together with space and plumbing for further appliances.
Completing the accommodation is a spacious double bedroom and a family bathroom fitted with a white suite and fully tiled walls.
Further benefits include gas central heating, double glazing and, importantly, no upper chain.
Hemel Hempstead offers an excellent range of shopping and leisure facilities, including The Marlowes and Riverside Shopping Centre, together with a variety of restaurants, schools and local amenities.
For commuters, the M1 and M25 are within easy reach, while Hemel Hempstead mainline station provides a fast and frequent service to London Euston. An early viewing is highly recommended.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 23, The Heights, Hertfordshire
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