2-bedroom terraced house · AL9 5AW
Listing removedListed 101 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market with no onward chain, this characterful three-storey period home occupies a prime position on the highly sought-after Church Street in the heart of Old Hatfield.
Requiring modernisation throughout, the property presents an exciting opportunity for buyers looking to renovate and create a bespoke home in one of the area's most desirable locations.
Planning permission (6/2024/2398/full) is in place for the conversion to create a two bedroom house. Extending to approximately 995 sq.
Ft., the accommodation is arranged over three floors and offers excellent versatility.
The ground floor could comprise of a spacious living room, and a kitchen, while the upper floors provide two well-proportioned bedrooms, kitchen and bathroom.
With its wealth of potential, this property would suit developers, investors or buyers keen to restore a period home to its former glory.
Ideally located within walking distance of local amenities, Old Hatfield's historic centre, Hatfield train station and excellent transport links, this is a rare opportunity to acquire a home with significant scope for improvement in an exceptional setting.
The property will be sold with covenants limiting alterations and extensions without the prior consent of Gascoyne Estates Church Street is located in the historic Old Hatfield, which itself dates back in part to the 1500s.
It offers a charm and character that for some remains a much-protected secret.
Old Hatfield offers restaurants and traditional public houses along with several independent retailers catering for everyday needs.
Old Hatfield has recently benefited from the completion of the impressive Salisbury Square regeneration, creating a vibrant new community space at the heart of the area, further enhancing the appeal of this historic neighbourhood.
Buyers Information: In compliance with the UK's Anti Money Laundering (aml) regulations, we are required to confirm the identity of all prospective buyers at the point of an offer being accepted and use a third party, Identity Verification System to do so.
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Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 40, Church Street, Hatfield
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