4-bedroom bungalow · HP3 8QX
For saleReduced £50k (−5.6%) on 20 JunListed 175 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available for the first time in over 50 years, this wonderful four bedroom brick and flint detached chalet bungalow is perfectly positioned in Leverstock Green, overlooking the green itself.
With wonderful period features including arts & crafts style ceilings, Crittall windows and parquet flooring, the property offers a tremendous amount of potential with flexible accommodation and a generous garden with development potential (STPP).
Comprising lounge, dining room, family room/study, kitchen, four double bedrooms, shower room, WC, garage and driveway. Offered to the market with no onward chain.
Entrance Door to: Entrance Hall Window to side. Glazed door to kitchen Kitchen Windows to front and side aspect.
Range of floor standing and wall mounted units with rolled edge work surface over, integrated electric oven and gas hob, one and a half bowl stainless steel single drainer sink, radiator, space for washing machine, doors to dining room and inner hall.
Dining Room Window to side aspect. Radiator, door to rear lobby. Rear Lobby Doors to garden, cloakroom and study. Cloakroom Frosted window to side aspect.
Wash hand basin in vanity unit, low level w.c., radiator. Family Room Window to side aspect. Radiator, door to side entrance, door to bedroom. Bedroom Four Windows to side and rear aspects.
Built in storage cupboards, radiator. Inner Hall Parquet flooring, doors to bedrooms, shower room and hallway. Shower Room Frosted window to front aspect.
Low level w.c., wash hand basin in vanity unit, shower cubicle, radiator. Bedroom Two Window to rear aspect. Radiator, built in storage cupboard. Bedroom One Window to rear aspect.
Radiator, built in storage cupboard. Main Hall Window to front aspect. Radiator, stairs to first floor, door to lounge. Lounge Window to front aspect, two windows to side aspect.
Glazed doors to conservatory, parquet flooring, two radiators, feature fireplace. Conservatory Windows and doors to garden. Tiled floor. Landing Window to front aspect.
Built in storage cupboards, door to bedroom. Bedroom Three Window to rear aspect. Radiator, wall mounted wash hand basin, built in storage cupboard, access to eaves storage.
Outside Front Garden Mainly laid to lawn with mature flower and shrub beds, pathway to front door.
Rear Garden Mainly laid to lawn with manicured flower and shrub beds and mature trees, timber storage shed, enclosed by timber fencing with gate to driveway.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 1, Malmes Croft, Hemel Hempstead
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