5 bed end terrace house for sale

Newstead, Hatfield AL10

Set in a green residential setting of Hatfield, this highly versatile property offers generous accommodation with high ceilings and excellent scope for its next owner to make it their own. Offered chain free and currently operating as a licensed HMO, the house is already configured for shared accommodation and is available either tenanted or with vacant possession. Its flexible layout could equally be transformed into a comfortable and characterful family home. The property would benefit from some light refurbishment, creating an opportunity to personalise and enhance the accommodation while adding further value.

Location

Newstead is well positioned for everyday amenities, with grocery shops, a pharmacy and launderette approximately five minutes walk away. A gp surgery, school and The Hive leisure facility are also nearby. The University of Hertfordshire College Lane Campus is approximately a ten minutes walk away, while Hatfield railway station is approximately twenty minutes on foot. The A1(M) and A1000 are also easily accessible, making the location convenient for commuters and particularly attractive for the rental market.

Accommodation

The property currently provides five bedrooms, comprising:
• one single bedroom
• one small double bedroom
• two good sized large double bedrooms
• one large double bedroom with adjoining garden room
The conservatory forms the current living and dining area and connects to the open plan kitchen, creating a bright and sociable communal space. The adjoining garden room provides additional flexible living space. There is currently one bathroom with bath and shower, together with a separate WC. One of the bedrooms also already has a sink, providing a straightforward opportunity to create an additional WC or en suite shower room. The front garden provides off street parking for one car, with potential to create additional parking. To the rear is a well kept private garden with storage shed.

Potential to Improve & Add Value

There is potential to reconfigure the existing bathroom and separate WC to create two bathrooms. Three particularly spacious bedrooms also provide scope to create up to two additional en suite shower rooms while retaining good sized bedroom accommodation. There is further potential to extend the property, subject to the usual planning requirements.

Investment Opportunity

The existing HMO licence and established shared accommodation layout provide a strong starting point for an investor.
The property is currently tenanted, with only one occupant remaining. Depending on buyer requirements, it can be offered with the tenant in situ or with vacant possession.
Red Cat Homes can also offer continued management and investment advice.

Viewing

Viewing is highly recommended to appreciate the size, flexibility and possibilities this property offers.
Red Cat Homes
Property with potential. Homes with possibilities.