Worst House on the Street Logo
298 Bishops Rise, Hatfield, Hertfordshire, AL10 9QT - Image 1
298 Bishops Rise, Hatfield, Hertfordshire, AL10 9QT - Image 2
298 Bishops Rise, Hatfield, Hertfordshire, AL10 9QT - Image 3
298 Bishops Rise, Hatfield, Hertfordshire, AL10 9QT - Image 4
298 Bishops Rise, Hatfield, Hertfordshire, AL10 9QT - Image 5
298 Bishops Rise, Hatfield, Hertfordshire, AL10 9QT - Image 6
298 Bishops Rise, Hatfield, Hertfordshire, AL10 9QT - Image 7
298 Bishops Rise, Hatfield, Hertfordshire, AL10 9QT - Image 8
298 Bishops Rise, Hatfield, Hertfordshire, AL10 9QT - Image 9
298 Bishops Rise, Hatfield, Hertfordshire, AL10 9QT - Image 10

298 Bishops Rise, Hatfield, Hertfordshire, AL10 9QT

East of England

£170,000
Listed on 01/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
879 sqft

Description

This mid-terrace house offers a promising opportunity for investors and developers looking to capitalize on its potential. Comprising three bedrooms across two levels, the property is situated in a residential area with convenient access to local amenities and transport links via Hatfield rail station. With existing plans available for transforming this home into a six-bedroom House in Multiple Occupation (HMO), interested buyers can explore significant renovation possibilities to increase rental yield. Note that while no planning application has yet been submitted, buyers are encouraged to conduct their own due diligence regarding necessary permissions and the site’s planning history. The house features a reception room, kitchen, bathroom, and separate WC on the first floor, accompanied by a rear garden. This property presents an exciting investment avenue for those willing to navigate the refurbishment process.

Investment Analysis

(AL10 area)

Below Market Value

This property is priced -53.8% below area average per sq ft

-53.8%
Potential saving
This Property
£193/sq ft
Area Average
£418/sq ft
Avg Rent (weekly)
£429
Avg Yield
6.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£404,599
10% above area average per sq ft
Potential ROI
+97.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (AL10)

Area prices are stable by +1.1% over the last 12 months
3 year growth: -2.5%
5 year growth: +7.7%
Investment Disclaimer: Analysis based on AL10 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

298 Bishops Rise, Hatfield, Hertfordshire, AL10 9QT
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£602
Based on a loan of £127,500 over 30 years at 3.91% 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.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates

Similar Properties