The Exchange, 89 Marlowes, HP1 1EH
By yieldit
£ 275,000
Reviews
3 out of 5 stars
yieldit says ..
ENQUIRE TODAY ON THIS WONDERFUL PROPERTY! Entirely well presented two bedroom apartment located on the first floor with allocated parking space included.
Property Oracle says ..
This two-bedroom apartment located in The Exchange, Hemel Hempstead town centre, presents as a modern and well-maintained property. The interior images showcase a contemporary design, with a newly fitted kitchen and bathroom. The open-plan living space is well-lit and airy. The location is a major strength, being close to shops, schools rated ‘Good’ by Ofsted, and Hemel Hempstead train station. This makes it convenient for commuters and families. However, a key limitation is the lack of outdoor space and also the fact the precise square footage of the property is not supplied in the information provided. Without this information, a full and detailed assessment of value per sqft cannot be produced.
While the price is in line with other nearby properties, potential buyers should carefully consider the absence of a garden or private outdoor area. The provided images suggest that the building is well-maintained, with allocated parking, and features a shared gym, further enhancing its overall appeal. Overall, this is a well-presented apartment in a desirable location, suitable for professionals, young couples, or small families, but prospective buyers should be clear on their needs in respect of outdoor space and confirm the sqft area before committing to a purchase. This is ultimately a good property, but buyers should remain aware of the points listed above.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 9
- Location
- 7
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 1
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 288,750.00 £Decreased by 21.19 %
- Average area rental value
- 1,475.00 £/moDecreased by 3.66 %
- Est rental Yield
- 6.13 %Increased by 22.36 %
- Crime Rate
- 41.00 %Unchanged by 0.00 %
Agent Activity
yieldit created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| South Hill Primary School | Community School | Good | 0.80 KM |
| Heath Lane Nursery School | Local Authority Nursery School | Good | 0.80 KM |
| D5 Heath Lane Family Centre | Children's Centre | 0.80 KM | |
| George Street Primary School | Community School | Good | 0.86 KM |
| The Hemel Hempstead School | Foundation School | Good | 0.88 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| The Sidings | £ 377,500 | 0 | 0.00 KM |
| Selden Hill | £ 0 | 0 | 0.00 KM |
| St Albans Road | £ 194,000 | 0 | 0.00 KM |
| Park Lane | £ 0 | 0 | 0.00 KM |
| Westview Rise | £ 412,500 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Hemel Hempstead | 1391 | HML | 2.40 KM |
| Apsley | 1430 | APS | 2.45 KM |
| Kings Langley | 1392 | KGL | 6.34 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Marlowes, Hemel Hempstead | £ 230,000 | BUY | 6 / 10 | 0.06 KM |
| Marlowes, Hemel Hempstead | £ 260,000 | BUY | 6 / 10 | 0.06 KM |
| Marlowes, Hemel Hempstead, HP1 | £ 190,000 | BUY | 6 / 10 | 0.06 KM |
| Marlowes, Hemel Hempstead | £ 145,000 | BUY | 6 / 10 | 0.10 KM |
| Marlowes, Hemel Hempstead, HP1 | £ 250,000 | BUY | 5 / 10 | 0.10 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 73 Marlowes | £ 150,000 | 0.11 KM |
| 1 The Square | £ 38,750 | 0.12 KM |
| 6 The Square | £ 68,000 | 0.12 KM |
| 8 The Square | £ 36,000 | 0.12 KM |
| 18 The Square | £ 49,485 | 0.12 KM |