House · HP4 1HT
Listing removedListed 66 days
Opportunity summary
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About
Truly honoured to represent this property in the market! Offered to the market for the first time in over 60 years, a Rarely Available Five-Bedroom Period Home with Exceptional Potential.
A truly unique opportunity to acquire a substantial five-bedroom Victorian villa in one of Berkhamsted's most sought-after locations, offering over 3,100 sq ft of accommodation, a detached garage and exceptional potential for transformation.
This home is a particularly rare proposition.
Properties offering this combination of scale, period character, accommodation and High Street position seldom become available, presenting an exciting opportunity for a purchaser looking to create a substantial and individual family home in the heart of Berkhamsted.
The property does require upgrading and modernisation throughout, but this is very much reflected in the opportunity it presents.
With its generous proportions, period fireplaces and features and versatile layout, the house provides an excellent blank canvas for someone to sympathetically modernise and create a home tailored entirely to their own requirements and taste.
Arranged over four floors, the accommodation extends to approximately 2,901 sq ft internally, with a further detached garage and external WC bringing the total gross internal area to approximately 3,120 sq ft.
The ground floor provides an impressive amount of living space, with three well-proportioned reception rooms offering considerable flexibility for modern family life.
The principal reception room provides generous entertaining space, complemented by a separate dining room and a further reception room which could be utilised as a family room, study or playroom.
To the rear is a generously proportioned kitchen/breakfast room, together with a useful pantry.
There is clear scope to create a superb contemporary kitchen and family space, subject to the necessary consents.
The first floor provides three bedrooms and a family bathroom, while the second floor offers two further bedrooms, creating five bedrooms in total.
The accommodation lends itself particularly well to family living, with the upper floors providing excellent flexibility for children, guests, home working or hobbies.
One of the property's less usual features is its substantial basement, arranged as two rooms and providing a significant amount of additional useful space.
Depending on the purchaser's requirements, this could offer potential for a variety of uses, subject to any necessary consents.
Outside, the property benefits from a front garden enclosed by mature hedging, providing a degree of privacy from the High Street.
To the rear is further outside space and access to the detached garage, storage or workshop space. Please not there is no formal parking with this property.
Off road parking could be created to the front subject to the usual consents.
A rare opportunity For the purchaser prepared to undertake the necessary programme of improvement, 326 High Street offers the chance to create something genuinely special.
The scale and proportions of the existing house provide a strong foundation, while its period character and prominent position give it an identity that would be difficult to replicate through a new-build property.
Opportunities to acquire a home of this size and character directly on Berkhamsted High Street are exceptionally rare, particularly with a detached garage, substantial basement and five-bedroom accommodation.
The property therefore represents an exciting proposition for those looking beyond the finished product and seeking a long-term project with the potential to create a magnificent individual family home in one of Hertfordshire's most desirable market towns.
Location The property occupies an enviable position on Berkhamsted High Street, placing the town's excellent selection of independent shops, cafés, restaurants and everyday amenities within immediate reach.
Berkhamsted is renowned for its historic character, highly regarded schooling and attractive Chiltern setting.
The surrounding countryside provides an abundance of opportunities for walking and outdoor pursuits, whilst Berkhamsted railway station offers regular services to London Euston, making the town particularly attractive to commuters.
In summary, a property with genuine rarity and potential - a substantial period home requiring modernisation, but offering an exceptional opportunity to create a bespoke and impressive family residence in the very heart of Berkhamsted.
Open Days will take place early September.
Our client has also instructed a surveyor to carry out a Level 3 survey to help prospective buyers understand more about the property - Please speak to the agent for more information on both of these things.
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.
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FAQ
About 326 High Street, Berkhamsted
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