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See how verdicts workTerraced house · HP1 1BB
For saleReduced £25k (−4.8%) on 21 OctListed 29 daysAuction 4 Nov · in 8 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by Online Auction - 4th of November 2026 . The property comprises a ground floor retail shop with 999 lease (virtual freehold).
The ground floor comprises a large main sales area along with a stock room/office. There is a 10 year commercial lease in place until 2036, £49,000 per annum with a 5 year break.
The property is located within a prime position on the pedestrianised section of the Marlowes within the town centre.
The unit is immediately adjacent to Tesco and other local occupiers in the immediate area include Poundland, Superdrug, Holland & Barrett and Lloyds Bank.
Hemel Hempstead is one of the principal towns in Hertfordshire with a population in order of approximately 100,000.
The town is served by the M1 motorway (J8) and is approximately 4 miles from the M25 (J20/M21).
The town is also served by the main line railway with the station being approximately 1.5 miles from the town centre.
Tenure Leasehold Terms Legal Pack To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa.co.uk UNCONDITIONAL LOT Exchange and administration fee information: (plus fees) Buyers Administration Fee Applies upon the fall of the hammer, the Purchaser shall pay a 10% deposit (subject to minimum of £5,000, whichever is the greater) and a Buyers Administration Fee of £1500 + VAT and contracts are exchanged.
The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot.
The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated in the legal pack or on the sales details).
In addition to the purchase price, buyers may be required to pay additional fees, costs and charges - please refer to the legal pack.
Registration Process To register to bid on the property, find the property on the Town & Country Property Auctions website. Click onto the property, follow the link to “Log in/ register to bid”.
You will then be directed to create an auction passport account with our online-bidding platform provider Essential Information Group.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 185 Marlowes, Hemel Hempstead, Hertfordshire, HP1 1BB
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