2-bedroom flat · HP3 9GA
For saleListed 772 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This spacious and well presented 2 double bedroom apartment with no upper chain is located on this sought after modern canal side development and offer access to both Kings Langley and Hemel Hempstead.
The property is conveniently located for local shops, schools, Long Deans Nature Reserve, the Grand Union Canal and Apsley main line station with links to London Euston.
The canal is a beautiful way to explore the local area and the towpath offers access to Apsley Lock Marina, through to Hemel Hempstead and in the other direct to Kings Langley.
The apartment has one of the larger Lounge Kitchen Dining areas compared to similar apartments and has a balcony for outside entertaining that overlooks a stream and play park.
The family bathroom benefits from having both a bath and shower cubicle and is finished to a high standard in white with chrome fittings.
The property has allocated parking and benefits from the well kept communal gardens. The property is currently rented out on an AST and would also make a great investment purchase.
Viewing is highly recommended. Nash Mills is a favoured residential area with a selection of shops and other amenities.
Not so far from beautiful open countryside it is convenient for the mainline railway station (serving London Euston) and the M1/M25 access points.
Please note the pictures show were taken before the current tenancy
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 19 Richardson House, The Embankment, Hemel Hempstead
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