2-bedroom flat · HP3 9WB
Listing removedListed 44 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference: 3034164.
This is a Rent to Buy property , in order to rent this property, you must meet the following eligibility criteria: Currently be living or working within the Dacorum Borough Council area.
Your household income cannot exceed £80,000 Be a first‑time buyer, or someone who previously owned a home but can no longer afford to buy on the open market.
Be employed and meet the minimum earning requirement which is £36,300.00 per year.
Pass a credit referencing check (no CCJs, IVAs or bankruptcies in the last 6 years) Have the right to rent in the UK for at least 2 years from the tenancy start date Be able to demonstrate a savings plan.
The Rent to Buy scheme offers a 20% reduction on the average market rent for similar properties in the area.
This reduced rent is designed to help you save towards eventually purchasing shares in the property.
The tenancy can run for up to five years , after which you may be served notice if you have not purchased shares.
We are delighted to offer this two bedroom ground floor apartment with modern interior to rent in Hemel Hempstead, available exclusively through the Rent to Buy scheme.
The property is conveniently located within walking distance of local amenities and is within close proximity to the M1 and A41.
The property comprises of entrance hall, storage cupboard, fully fitted bathroom with shower, two double bedrooms, fitted wardrobe to master, kitchen with integrated appliances and open plan kitchen/living area.
Key features of this property include: Two double bedrooms Open plan kitchen/living area Integrated appliances Secure intercom system Modern interior and furnishings Allocated parking for one vehicle Ground floor/Lift accessibility Available now Summary & Exclusions: - Rent Amount: £1,008.00 per month (£232.62 per week) - Deposit / Bond: £1,163.07 - 2 Bedrooms - 1 Bathrooms - Property comes unfurnished - Available to move in from 09 September 2026 - Maximum number of tenants is 2 - Students welcome to enquire - No Smokers - Bills not included - Property has parking - No Garden Access - EPC Rating: B If calling, please quote reference: 3034164 Fees: You will not be charged any admin fees.
** Contact today to book a viewing and have the landlord show you round! ** Request Details form responded to 24/7, with phone bookings available 9am-9pm, 7 days a week.
OpenRent endeavours to make all property particulars as accurate and reliable as possible, however if you require any further clarification or information please contact us.
When applying for a tenancy using the Rent Now process, you will be required to pay one month's rent and any deposit before moving in.
This will be paid to OpenRent and released to the landlord once you have moved in. With OpenRent there are no administration fees to pay.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 Riverside Mill, Two Waters Road, Hemel Hempstead
Explore nearby