St. Albans Road East, Hatfield
East of England
£280,000
Listed on 07/10/2026
Listed on 07/10/2026
The listing
Property details
Bedrooms
N/AType
Residential DevelopmentArea
1288 sqftDescription
This detached house presents a unique redevelopment opportunity in a prominent corner location, ideally situated between Hatfield Town Centre and Hatfield Station. Previously granted planning permission for conversion into residential flats, this potential has since lapsed, allowing investors and developers to explore new possibilities subject to obtaining the necessary planning consents.
The property's corner plot offers an attractive footprint, enhancing its appeal for various development options. Its prime location adjacent to St Luke's Church and close proximity to local amenities, including shops and restaurants, makes it particularly attractive for those seeking to capitalize on the area's growth. With Hatfield train station just a short distance away, this property is also well-positioned for commuters, adding to its investment potential.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
53out of 100
Grade DWeak opportunity
Confidence: LOW
This detached house represents a compelling opportunity for those looking to acquire a property at a significantly lower price point compared to the local market. With an asking price of £280,000, it's priced at just £217/sqf, which is an impressive 47.4% below the local average of £414/sqf. This affordability opens the door for investors to create value through redevelopment or extensive refurbishment.
However, the property is in a state of significant neglect with visible damage throughout, including poor conditions in the living spaces, garden, and exterior. The substantial refurbishment needed means that prospective buyers should be prepared for a heavy project scale. Nevertheless, the prominent corner location and previous planning permissions for conversion into residential flats highlight the potential for redevelopment, making this an exciting project for the right buyer willing to invest time and resources.
Key opportunities
- The prominent corner plot provides an attractive footprint for redevelopment.
- Potential for exploring alternative development possibilities, subject to planning.
- Opportunity to create residential flats, tapping into local demand for housing.
Key risks
- Stripped interiors and a significant works budget make this a full-gut programme, not a refresh.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
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£
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years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,058
Based on a loan of £210,000 over 30 years at 4.45% 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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