1-bedroom flat · HP1 1BG
For saleListed 127 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in the charming Dacorum Way, Hemel Hempstead, this delightful flat offers a perfect blend of modern living and convenience.
Situated in a purpose-built development, this property boasts a spacious reception room, a cosy bedroom, and a sleek bathroom - Ideal for a single person or a couple seeking a stylish abode.
Built in 2022, this flat exudes contemporary elegance with its fresh design and thoughtful layout. The property spans 518 sq ft, providing ample space for comfortable living.
With lift access available, convenience is at your fingertips, making everyday tasks a breeze.
One of the standout features of this property is the designated workspace, complete with its own WiFi connection.
Perfect for those working from home, this dedicated area ensures productivity and focus in a comfortable setting.
Parking is a breeze with a designated spot in the gated development, offering security and peace of mind.
Additionally, the property comes with the rare advantage of a lease with 996 years remaining, along with low service charges and zero ground rent - a true gem in today's market.
For those who enjoy outdoor activities, the communal gardens are a delightful addition, featuring a table tennis area and a BBQ spot - perfect for social gatherings or simply unwinding in the fresh air.
Don't miss out on the opportunity to make this modern flat your own - a harmonious blend of comfort, style, and practicality awaits in this Hemel Hempstead gem.
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
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FAQ
About 68 The Foundry, Dacorum Way, Hemel Hempstead
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