Studio flat · HP3 0HG
To rentReduced £13.8k (−91.7%) on 23 SepListed 699 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Property: SHOP FOR LET situated in a sought after location on Bovingdon High Street. Currently used as a butchers shop with A1/A2 class use.
Description: This spacious retail unit includes a shop floor to the front of the property, measuring over 28ft in length with chiller cabinets.
There is a large prep kitchen with two generous walk-in fridges and a walk-in freezer. In addition there is a staff kitchen and WC at the rear of the building.
A delivery entrance with roller door is accessed from the rear. There is also an allocated parking space in the rear car park. The lease is offered for 10 years with a 5 year break clause.
A 50% contribution to the builidings insurance and exterior maintenance costs is also required. Amount TBC. Please call us for more information.
Location: Bovingdon has a bustling village centre with a good range of shopping facilities and amenities.
The village is within easy reach of the M1 and M25 motorways and fast rail services are available from nearby Kings Langley and Hemel Hempstead into London Euston.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 High Street, Bovingdon, Hemel Hempstead, Hertfordshire
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