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Hangmans Lane, Mardley Heath, Welwyn, Hertfordshire, AL6 - Image 1
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Hangmans Lane, Mardley Heath, Welwyn, Hertfordshire, AL6

East of England

£950,000
Listed on 08/04/2026

Property Details

Bedrooms
4
Type
Detached
Area
2530 sqft

Description

This split-level detached chalet bungalow presents a unique opportunity for families and investors alike, situated on an expansive one-third-acre plot in the sought-after Oaklands area of Welwyn. The property boasts outline planning permission for an additional two to three-bedroom dwelling on-site, making it an intriguing prospect for those looking to expand their living space or enhance their investment portfolio.

Accessed via a gravel driveway that leads to a double garage at the garden's base, this home is elevated and enjoys a private setting. Internally, the layout features a welcoming hallway connecting to a sizable dining room, two additional bedrooms, and a family shower room. A versatile fourth bedroom or snug offers flexibility in use. The spacious lounge opens onto a decked veranda, while the ground floor is completed by a study, fitted kitchen, and utility room.

The upper level hosts the principal suite with its own dressing area and en-suite bathroom, enhanced by dual-aspect windows that provide delightful countryside views. Surrounding the home are tiered gardens filled with established hedges, trees, and vegetable plots—a perfect blend of practicality and natural beauty for family activities. Energy Rating: D

This property not only accommodates multi-generational living but also offers significant potential for development thanks to existing outline planning consent for another dwelling with its own driveway and garage close to the main residence. Plans can be made available upon request.

Investment Analysis

(AL6 area)

Below Market Value

This property is priced -23.7% below area average per sq ft

-23.7%
Potential saving
This Property
£375/sq ft
Area Average
£492/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£1,369,097
10% above area average per sq ft
Potential ROI
+31.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (AL6)

Area prices are rising by +3.2% over the last 12 months
3 year growth: +3.5%
5 year growth: +8.8%
Investment Disclaimer: Analysis based on AL6 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

Hangmans Lane, Mardley Heath, Welwyn, Hertfordshire, AL6
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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
£3,365
Based on a loan of £712,500 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.

Stamp Duty Calculator

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