The Exchange, 89 Marlowes, HP1 1EH
YI

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 %
from 366,385.00 £
Average area rental value
1,475.00 £/mo
Decreased by 3.66 %
from 1,531.00 £/mo
Est rental Yield
6.13 %
Increased by 22.36 %
from 5.01 %
Crime Rate
41.00 %
Unchanged by 0.00 %
from 41.00 %

Agent Activity

  • yieldit created the listing.

Nearby Schools

NameTypeOfstedDistance
South Hill Primary SchoolCommunity SchoolGood0.80 KM
Heath Lane Nursery SchoolLocal Authority Nursery SchoolGood0.80 KM
D5 Heath Lane Family CentreChildren's Centre0.80 KM
George Street Primary SchoolCommunity SchoolGood0.86 KM
The Hemel Hempstead SchoolFoundation SchoolGood0.88 KM

Images

External.JPG Flat5theexchange2024-09-08__15-33-38_DSC09924.jpg Flat5theexchange2024-09-08__15-33-36_DSC09917.jpg Flat5theexchange2024-09-08__15-33-38_DSC09925.jpg Flat5theexchange2024-09-08__15-33-37_DSC09918.jpg Flat5theexchange2024-09-08__15-33-37_DSC09919.jpg Flat5theexchange2024-09-08__15-33-40_DSC09935.jpg Flat5theexchange2024-09-08__15-33-39_DSC09930.jpg Flat5theexchange2024-09-08__15-33-39_DSC09934.jpg Flat5theexchange2024-09-08__15-33-39_DSC09927.jpg Flat5theexchange2024-09-08__15-33-40_DSC09937.jpg Flat5theexchange2024-09-08__15-33-40_DSC09936_p...

Nearby Streets

NameAverage PriceAverage SqftDistance
The Sidings £ 377,50000.00 KM
Selden Hill £ 000.00 KM
St Albans Road £ 194,00000.00 KM
Park Lane £ 000.00 KM
Westview Rise £ 412,50000.00 KM

Nearby Transport

NameNLCTLCDistance
Hemel Hempstead1391HML2.40 KM
Apsley1430APS2.45 KM
Kings Langley1392KGL6.34 KM

Nearby Listings

AddressPriceTypeScoreDistance
Marlowes, Hemel Hempstead £ 230,000BUY6 / 100.06 KM
Marlowes, Hemel Hempstead £ 260,000BUY6 / 100.06 KM
Marlowes, Hemel Hempstead, HP1 £ 190,000BUY6 / 100.06 KM
Marlowes, Hemel Hempstead £ 145,000BUY6 / 100.10 KM
Marlowes, Hemel Hempstead, HP1 £ 250,000BUY5 / 100.10 KM

Nearby Properties

AddressPriceDistance
73 Marlowes £ 150,0000.11 KM
1 The Square £ 38,7500.12 KM
6 The Square £ 68,0000.12 KM
8 The Square £ 36,0000.12 KM
18 The Square £ 49,4850.12 KM