3-bedroom house · HP3 9TJ
Listing removedListed 218 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare chance to purchase a shop with three bedroom apartment over.
The freehold of the property is being sold with the scope to continue using the unit as part commercial part residential or the scope for conversion to full residential (stnp) with an excellent size garden and outbuildings to the rear.
The Property Currently the accommodation comprises a shop front which is currently trading as a fish and chips take away shop which leads to a dedicated kitchen area.
An internal office room has double doors opening to a lean-to/store which in turn has double doors opening to the garden where there is a brick built outhouse and a garden laid to lawn with pathway providing access down the side and to the front of the property.
At first floor level there are three bedrooms and a fitted shower room.
The Location Located near Apsley and nestled between Kings Langley and Hemel Hempstead, this home offers the perfect balance of convenience and charm.
Commuters benefit from direct train services at nearby Apsley Station to London Euston in just 30 minutes, while major road links like the M25 and M1 are easily accessible.
The area’s appeal centres on the picturesque Grand Union Canal and Apsley Lock, ideal for relaxing waterside walks and enjoying a vibrant community atmosphere.
Local favourites such as the Papermill Pub, excellent shops, and amenities support a friendly, village-style lifestyle.
Families will appreciate access to well-regarded schools nearby, making this a great place to call home.
Agents Information For Buyers Thank you for showing an interest in a property marketed by Sterling Estate Agents.
Please be aware, should you wish to make an offer for this property, we will require the following information before we enter negotiations: 1. Copy of your mortgage agreement in principal. 2.
Evidence of deposit funds, if equity from property sale confirmation of your current mortgage balance i.e.
Your most recent mortgage statement, if monies in bank accounts the most up to date balances.. 3. Passport photo id for all connected purchasers and a utility bill.
We are duty bound to complete anti money laundering (aml) checks on all connected purchasers. The charge for this is £75 plus VAT per person.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 3, Great Elms Road, Hemel Hempstead
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