Brown & Merry says ..

Property Oracle says ..

This property is a 3 bedroom, 2 bathroom penthouse apartment located at Stephenson Wharf, Hemel Hempstead. The apartment is 14,811.14 sqft and is situated on a plot of 1,375.63 sqft. The list price is £425,000.

The location is excellent, with easy access to Apsley train station (0.43km) providing links to London. Several highly-rated primary schools are within a reasonable distance, including Nash Mills Church of England Primary School (Good, 0.55km), Belswains Primary School (Good, 0.80km), and Two Waters Primary School (Outstanding, 1.38km). The canal-side location adds to the desirability of the area.

Based on the provided images, the property appears to be in good condition. The finishes are dated, but the apartment is clean and well-maintained. There is no evidence of significant repairs or renovations being required. The kitchen and bathrooms appear functional, though a modernisation would likely enhance the overall appeal.

While the plot size is not extensive, it’s adequate for a penthouse apartment. There is allocated parking visible in the exterior photos.

Considering the average price of £384,462 and average price per sqft of £471 in the area, the list price of £425,000 for a large 14,811.14 sqft penthouse apartment seems reasonable. The size and location justify the premium compared to other properties in the area. However, the lack of information on the condition of comparable properties makes a definitive price comparison challenging. The dated interior finishes might slightly affect the perceived value, but the overall condition is good.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images