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Parkfields, Welwyn Garden City, Hertfordshire, AL8 6EE

East of England

£850,000
Listed on 31/10/2025

Property Details

Bedrooms
5
Type
Detached house
Area
1625 sqft

Description

Nestled in a sought-after area of Welwyn Garden City, this spacious five-bedroom detached home presents a promising opportunity for those looking to invest or renovate. With ample living space and parking for several vehicles, the property is conveniently located near local amenities, schools, and transportation options. Upon entering, you'll find a well-designed layout that includes two adaptable reception rooms, a generously sized kitchen, and a separate utility room. While the home currently requires modernization, this aspect provides buyers with the chance to infuse their own style and preferences into the living space. The upper level features a roomy principal bedroom along with three additional bedrooms and a versatile study that can serve as a fifth bedroom. The existing family bathroom is functional but offers excellent potential for reconfiguration or expansion—such as adding an en-suite bathroom to the master suite—subject to planning approval. The private rear garden stands out as a significant asset. Its expansive space allows for various landscaping possibilities—from creating vibrant flower beds to designing an inviting outdoor entertaining area. Additionally, the separate garage provides extra storage solutions or secure parking options. Commuters will appreciate being just moments away from Welwyn Garden City train station, which offers quick access to London King's Cross. The town centre nearby boasts a diverse range of shops, restaurants, cafes, and recreational facilities, meeting all daily needs within reach. The neighborhood is further enhanced by excellent local schools and accessible parks and green spaces that make it ideal for families. This property’s considerable size and configuration provide an excellent foundation for transforming it into a personalized family home or investment opportunity. With renovation potential at every turn, this residence invites creativity while offering the benefits of its prime location. Viewing is encouraged to fully grasp the possibilities this home has to offer.

Investment Analysis

(AL8 area)

Below Market Value

This property is priced -0.2% below area average per sq ft

-0.2%
Potential saving
This Property
£523/sq ft
Area Average
£524/sq ft
Avg Rent (weekly)
£365
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£936,739
10% above area average per sq ft
Potential ROI
-0.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
8
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (AL8)

Area prices are rising by +4.9% over the last 12 months
3 year growth: -4.2%
5 year growth: 3.3%
Investment Disclaimer: Analysis based on AL8 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Parkfields, Welwyn Garden City, Hertfordshire, AL8 6EE
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£3,114
Based on a loan of £637,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE