2-bedroom flat · HP3 9EU
For saleReduced £20k (−9.5%) on 3 JulListed 214 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
David Doyle are pleased to offer to the sales market this excellent second floor apartment with a garage in a nearby block that has been reconfigured and updated by its current owners to create a contemporary and attractive living space.
Located within walking distance of Hemel Hempstead Town Centre and with excellent amenities and highly regarded schooling close at hand, an internal viewing is much advised.
The accommodation comprises a secure communal entrance with stairs to the first floor and a personal door to the apartment opening to a spacious entrance hall with storage cupboard and doors to the refitted family bathroom, two bedrooms, the master of excellent size and enjoying lovely views of the development and the open plan living area with a newly fitted integrated kitchen and versatile living/dining space with a balcony enjoying far reaching views.
Externally, the property comes with a garage in a nearby block, attractive communal gardens and generous residents parking facilities.
No upper chain Hemel Hempstead with its Malls of Riverside and The Marlowes offers a full range of shopping facilities and other amenities.
For the commuter the M1 and M25 are close at hand, whilst the mainline railway station offers a fast and frequent service to London Euston Disclaimer David Doyle Estate Agents (dd), for themselves and the vendors, give notice that: These particulars and floorplans are for general guidance only and do not form part of any offer or contract.
All descriptions, dimensions, permissions, and other details are given in good faith but must be independently verified.
Fixtures, fittings, services, plant and equipment noted were present at first inspection but have not been tested, and no warranty is given as to condition or suitability.
Information on council tax, rates, or planning use is informal; purchasers or tenants must confirm with the Local Authority.
No employee of dd has authority to make or give any representation or contract. Dd accept no liability for loss arising from use of these particulars or from viewing the property.
Prices are exclusive of VAT unless stated and are subject to contract. Some developments may have management charges; solicitors to confirm any liabilities
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
Agent & docs
FAQ
About 83 Ashcroft Court, Fern Drive, Hemel Hempstead
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