Summary - 38, Epping Green HP2 7JD
1 bed 1 bath Flat
Cash-only buy-to-let opportunity with short lease and renovation potential.
Ground-floor one-bedroom flat with private garden
A ground-floor one-bedroom flat with clear buy-to-let potential, offered as a cash purchase due to a short lease. The layout is traditional with a separate kitchen, good-sized living room, double bedroom with fitted wardrobes and two handy built-in storage cupboards. The block is mid-20th century brick with a communal lawn and a small private garden.
The property needs modernisation: electric room heaters, likely uninsulated cavity walls and dated finishes throughout. Service charge and small ground rent apply and the lease has only 52 years remaining — many mortgage lenders may refuse to lend, so this is suitable for cash buyers or experienced investors prepared to extend the lease at cost. Broadband speeds and mobile signal are strong and local transport links (M1/M25) and proximity to Maylands Industrial Estate support rental demand.
Practical positives include inexpensive council tax (Band B), a manageable service charge, and straightforward room proportions that suit singles or couples. Notable negatives are the short lease, above-average local crime, the need for renovation, electric heating (likely higher running costs), and possible wall insulation works — factor these into purchase and refurbishment budgets.
Overall, this is a value-focused investment or DIY project for buyers who can pay cash, or investors comfortable managing a lease extension and upgrade works to secure longer-term rental income and capital growth.
1 bedroom flat for sale in Nightingale Walk, Hemel Hempstead, HP2 — £145,000 • 1 bed • 1 bath • 423 ft²
1 bedroom ground floor flat for sale in Kimpton Close, Hemel Hempstead, HP2 — £170,000 • 1 bed • 1 bath • 341 ft²
2 bedroom flat for sale in Nightingale Walk, Hemel Hempstead, HP2 — £220,000 • 2 bed • 1 bath • 518 ft²
1 bedroom flat for sale in Gadebridge Road, Hemel Hempstead, HP1 — £200,000 • 1 bed • 1 bath • 536 ft²
1 bedroom flat for sale in Clarendon Close, Hemel Hempstead, HP2 — £185,000 • 1 bed • 1 bath • 504 ft²
1 bedroom flat for sale in Montgomery Avenue, Hemel Hempstead, HP2 — £180,000 • 1 bed • 1 bath • 471 ft²
