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Hangmans Lane, Mardley Heath, Welwyn, Hertfordshire AL6

East of England

£950,000

Listed on 14/05/2026

Property Details

Bedrooms
4
Type
Land
Area
2530 sqft

Description

This distinctive split-level detached chalet bungalow presents a unique opportunity for families in the appealing Oaklands area of Welwyn. Set on a generous one-third-acre plot, the property offers promising renovation and investment potential, notably with outline planning permission granted for an additional two to three-bedroom home within its grounds. This facet alone could provide substantial value enhancement opportunities or serve multi-generational living needs.

Accessed via a gravel driveway leading to a double garage nestled at the bottom of the garden, this elevated residence enjoys a sense of privacy. The adaptable layout encompasses a welcoming hallway, a well-sized dining room, and four bedrooms including an option for a snug or additional living space. The lounge seamlessly connects to an expansive decked veranda, while further essential rooms include a study, kitchen, and utility space.

The principal suite upstairs features a dressing area and en-suite bathroom, complemented by dual-aspect windows that deliver stunning views of the surrounding countryside.

The grounds around the property boast tiered gardens with mature hedging and productive vegetable plots, combining practical outdoor space with natural beauty. With energy efficiency rated at D, this home is primed for updates that could enhance comfort and sustainability. Complete plans for the new dwelling are available upon request, making this property not just a home but an avenue for future development.

Investment Analysis

(AL6 area)

Below Market Value

This property is priced -24.4% below area average per sq ft

-24.4%
Potential saving
This Property
£375/sq ft
Area Average
£497/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£1,383,012
10% above area average per sq ft
Potential ROI
+33.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
7
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (AL6)

Area prices are stable by +1.2% over the last 12 months
3 year growth: -1.5%
5 year growth: +7.1%
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 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£3,589
Based on a loan of £712,500 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.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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