1-bedroom flat · HP1 1EH
For saleListed 107 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Executive town centre apartment in the sought-after Exchange Development, featuring an open-plan lounge/kitchen with integrated appliances, a spacious double bedroom, luxury bathroom, Juliette balcony, on-site gym and communal rooftop terrace.
Ideally located close to the station and town centre. Description Town Centre executive apartment situated within the highly sought-after Exchange Development, Hemel Hempstead.
This stylish home offers a bright and spacious open-plan lounge/kitchen with integrated appliances, a generous double bedroom, a luxury family bathroom, and a Juliette balcony, allowing plenty of natural light to flow through the living space.
Residents also benefit from on-site gym facilities and access to a communal rooftop terrace, providing an excellent space to relax and unwind.
Ideally located within walking distance of Hemel Hempstead town centre, local shops, schools, the historic Old Town, and the mainline station with direct services to London Euston.
An ideal first-time purchase or investment opportunity. Call now to arrange your viewing! Communal Hallway Door to front with security entry system and stairs and lifts to all floors.
Entrance Hall Door to front with entryphone. Lounge Open Plan Juliette balcony allowing an abundance of natural light and fresh air into the living space, with a TV point and electric radiator.
Kitchen Open Plan Modern fitted kitchen comprising a range of wall and base units with complementary splashback, integrated oven, hob and extractor fan, dishwasher, fridge/freezer and washing machine.
Finished with inset spotlights and ample work surface space Bedroom 1 Carpeted flooring, double glazed window, fitted mirrored wardrobe, inset spotlights and electric radiator.
A bright and well-proportioned double bedroom with ample storage space.
Bathroom Fully tiled and fitted with a wash hand basin, low-level W/C, heated towel rail, panel-enclosed bath with overhead shower, and contemporary fixtures and fittings throughout.
A stylish and well-presented bathroom suite. Communal Areas On-site gym facilities and cmunal roof top terrace.
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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 28, The Exchange, 89, Marlowes, Hemel Hempstead
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