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Old Leys, Hatfield

East of England

£500,000
Listed on 11/05/2026

Property Details

Bedrooms
3
Type
Detached
Area
1465 sqft

Description

This substantial detached home, located in a sought-after cul-de-sac in South Hatfield, presents an excellent opportunity for those looking to invest in a property with significant renovation potential. The residence requires comprehensive modernization throughout and offers the possibility for expansion, subject to planning permission. The ground floor features a cloakroom, an expansive L-shaped living/dining area filled with natural light, a kitchen ready for upgrades, and a versatile family room that could easily serve as a separate dining space. Upstairs, you'll find three bedrooms alongside a four-piece bathroom that is ripe for refurbishment. Additional benefits include an extended garage, gas heating, and both front and south-easterly rear gardens that can be reimagined into appealing outdoor spaces. This property is being sold chain free, making it an ideal canvas for your vision.

Investment Analysis

(AL10 area)

Below Market Value

This property is priced -17.8% below area average per sq ft

-17.8%
Potential saving
This Property
£341/sq ft
Area Average
£415/sq ft
Avg Rent (weekly)
£421
Avg Yield
6.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£668,773
10% above area average per sq ft
Potential ROI
+13.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (AL10)

Area prices are stable by +0.8% over the last 12 months
3 year growth: -2.2%
5 year growth: +8.5%
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

Old Leys, Hatfield
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,784
Based on a loan of £375,000 over 30 years at 3.97% 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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