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Watermill Lane, Hertford

East of England

£875,000
Listed on 07/04/2026

Property Details

Bedrooms
4
Type
Detached
Area
2166 sqft

Description

This four-bedroom detached property stands out in the desirable Bengeo area, just a short distance from Hartham Common and Hertford town centre. Set on an expansive plot, the home boasts significant potential for renovation or expansion (subject to planning permission), making it a promising long-term investment for families. The ground floor showcases a spacious open-plan living and dining area that overlooks the garden, complemented by a separate kitchen and a flexible study space. At the rear, there's an additional family room which can adapt to various needs. Furthermore, a double garage offers extra room for conversion or integration into the main living space. Upstairs features four well-proportioned double bedrooms, with the principal bedroom enjoying its own en-suite shower room along with a sizeable family bathroom. Outside, the generous garden offers ample opportunities for both relaxation and future enhancements, while the front driveway provides off-street parking for several vehicles. Overall, this property represents a unique opportunity to develop and personalize a detached home in a prime location with excellent growth potential.

Investment Analysis

(SG14 area)

Below Market Value

This property is priced -21.6% below area average per sq ft

-21.6%
Potential saving
This Property
£404/sq ft
Area Average
£515/sq ft
Avg Rent (weekly)
£365
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Target Value
£1,226,920
10% above area average per sq ft
Potential ROI
+25.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (SG14)

Area prices are rising by +2.1% over the last 12 months
3 year growth: -6.8%
5 year growth: +2.8%
Investment Disclaimer: Analysis based on SG14 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

Watermill Lane, Hertford
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£3,099
Based on a loan of £656,250 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.

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