66 Bronte Crescent, Hemel Hempstead, Hertfordshire

Description

Vacant freehold end terrace house by order of a Housing Association. The vendor will not accept offers prior to auction. GIA approximately 69.39 sq m (747 sq ft).

Accommodation

Ground floor: reception room, kitchen. First floor: three bedrooms, bathroom. Rear garden.

Location

Situated on the east side of Bronte Crescent. The shops and amenities of Hemel Hempstead are to the south west. Hemel Hempstead train station is approximately 4.5 miles to the south west. The M1 Motorway is to the east. Grovehill Playing Fields are to the west.

Tenure / Property Information

Investment Analysis

Five supplied same-street freehold terraced sales range from £281,000 to £418,000, with an average of £357,800. The most recent sale was £365,000 on 15 January 2026. As bedroom count, condition and floor areas of the comparables are not supplied, £365,000 is used as a cautious base GDV, with £350,000 low and £418,000 high scenarios based on the observed evidence.

Investment Snapshot

Strategy Recommendation

Potential buy-to-let or BRRR purchase subject to survey, achieved-rent validation and strict auction price discipline. Do not bid on the guide alone because works, fees and the final purchase price are unknown.

Works Required

No specific defects or required works are evidenced. A full inspection, survey and compliance review are required before budgeting any refurbishment; only general preparation or repairs identified during inspection should be allowed for.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £270,000 guide, the purchase price is below the £365,000 base GDV, and 75% of base GDV is £273,750. However, works, buyer or administration charges, finance costs and actual acquisition price are unknown, so total project cost and cash left after refinance cannot be calculated reliably.

Buy-to-Let Analysis

The supplied rental evidence is one advertised asking rent of £2,000 pcm, equivalent to £24,000 annually. This indicates an 8.89% gross yield against the £270,000 guide, before finance, tax, voids, management, maintenance and other costs. Achieved rent and net yield cannot be established from the evidence.

Flip Analysis

The supplied same-street sales support a broad £350,000–£418,000 GDV range, with £365,000 used as the base case. A reliable flip surplus cannot be calculated because refurbishment costs, auction-related charges, selling costs and the eventual purchase price are unsupported.

Investor Risks & Due Diligence

• The guide is £270,000+ and the final auction price is unknown.

• Buyer premium, administration charges and other seller or third-party fees are not supplied.

• Property condition and refurbishment requirements are unknown.

• The £2,000 pcm figure is an advertised asking rent, not an achieved or passing rent.

• The sold comparables do not include supplied bedroom, condition or floor-area details, limiting GDV precision.

• Vacant possession creates reletting, void and initial setup risk.

Recommendation

Potential buy-to-let or BRRR purchase subject to survey, achieved-rent validation and strict auction price discipline. Do not bid on the guide alone because works, fees and the final purchase price are unknown.

Strategy Rating

Analysis Confidence

Same-street sold evidence and one rental asking figure are available, but comparable property details, condition, works, EPC, costs, fees and achieved rent are not supplied.