3-bedroom bungalow · HP4 3RT
To rentReduced £100 (−3.3%) on 16 OctListed 71 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Sterling Lettings are pleased to offer for let this spacious and well presented three double bedroom detached bungalow with garage & driveway parking conveniently situated within easy reach of the various amenities of Berkhamsted High Street.
Internally the accommodation comprises entrance hall, reception/dining room with doors leading to a bright & airy conservatory, modern fitted kitchen with appliances and door opening to the stunning rear garden, shower room and three well appointed double bedrooms, the master bedroom benefitting from en suite facilities.
In addition to the garage & driveway parking this delightful property also benefits from a fabulous rear garden and gas central heating. Offered Unfurnished & Available October 2026!
Distance To Stations - Berkhamsted Station (1.9 Miles) Tring Station (3.0 Miles) Hemel Hempstead Station (5.2 Miles) Chesham Station (6.0 Miles) Distance To Schools - St Mary's C of E Primary School (0.3 Miles) Westfield Primary & Nursery School (0.7 Miles) Egerton Rothesay School (0.9 Miles) Bridgewater Primary School (1.6 Miles) Greenway Primary & Nursery School (1.7 Miles) Berkhamsted Girls School (1.6 Miles) Berkhamsted Boys School (2.1 Miles) Ashlyns School (2.5 Miles) Monies Payable - There are no administration fees for the preparation of tenancy, the following costs are however applicable: Holding Deposits - limited to a maximum of 1 week's rent and subject to statutory legislation on the refund of this payment should the tenancy not go ahead.
Security Deposits - limited to 5 weeks rent as a maximum amount for tenancies where the annual rent is below £50,000, deposits for tenancies where the annual rent is £50,000 or more are limited to the equivalent of 6 weeks rent.
Late Rent Payment - Interest on late rent will be charged at base rate plus 3% on a daily basis from the rent due date - This charge will be levied if a payment is not received in cleared funds by the due date as per the terms of the tenancy agreement.
Repayment of interest due will take priority over any rent payments due to avoid outstanding amounts "rolling up" Tenancy Amendments - £60 Inc VAT - This charge will be levied prior to any amendments (which will be subject to landlord agreement) being made to the standard tenancy agreement.
Agency Reference for new tenancy - £30 Inc Vat Per Tenant - This must be paid every time a request is received in order for us to provide any requested information relating to a previous tenancy with us to any new landlord/agent.
Material Information - Rent - £3,000.00 per calendar month (£692.30 per calendar week) Deposit - £3,461.53 Council Tax Band - D (Dacorum Borough Council)
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
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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 Park Rise, Northchurch, Berkhamsted
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