2-bedroom flat · HP1 1DS
For saleListed 44 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Mulburries offer to the market in the heart of Hemel Hempstead, this charming third-floor apartment on Waterhouse Street offers a delightful blend of modern living and convenience.
Spanning approximately 548 square feet, this recently refurbished property features two spacious double bedrooms, making it an ideal choice for couples, small families, or professionals seeking a comfortable home.
As you enter, you are welcomed by an open-plan kitchen, living, and dining area that creates a warm and inviting atmosphere, perfect for entertaining or relaxing after a long day.
The living space extends to a private balcony, where you can enjoy views of the picturesque communal water gardens, providing a serene backdrop to your daily life.
The apartment boasts two well-appointed bathrooms, including a family bathroom and an en-suite, ensuring that both residents and guests have ample facilities.
The property is chain-free, allowing for a smooth and efficient purchase process.
Additional features include lift access for ease of movement and an internal communal bike store, catering to those who enjoy cycling.
The location is particularly advantageous, being approximately one mile from Hemel Hempstead Main Line Train Station, which offers excellent transport links to London and beyond.
This apartment is a rare find in a central location, combining modern amenities with the charm of communal gardens.
Whether you are looking to invest or seeking a new home, this property is not to be missed.
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
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FAQ
About Flat 29, Swan Court, Waterhouse Street, Hemel Hempstead
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