Summary - 48, CHERRY WAY, HATFIELD AL10 8LE
3 bed 1 bath Terraced
Great rental potential near university and business park, ready for refurbishment..
- Three bedrooms, family bathroom, about 994 sq ft of living space
- Spacious kitchen and large sitting/dining room plus rear reception
- Freehold; decent plot with a garden
- Located near A1(M), University of Hertfordshire and Hatfield Business Park
- Requires renovation; modernisation of services and finishes needed
- Cavity walls assumed without insulation; consider thermal upgrades
- Sold at auction via Secure Sale; starting bid £325,000, immediate exchange possible
- Double glazing present but installation date/condition unknown
A three-bedroom mid-20th-century terraced house offering about 994 sq ft of flexible living space on a decent plot. The ground floor has a large kitchen, spacious sitting/dining room and rear reception; upstairs are three bedrooms, a family bathroom and useful built-in storage. Double glazing is present but install date is unknown.
Located in South Hatfield, the property has very convenient access to the A1(M), nearby shops, public transport and well-regarded schools. The University of Hertfordshire and Hatfield Business Park are close by, supporting strong rental demand and making this suitable for buy-to-let or an owner-occupier seeking future value. Broadband and mobile signal are strong; flooding risk is nil and council tax is described as affordable.
The house requires renovation and updating — this is the principal trade-off. Walls are cavity-built with assumed no insulation, the property will need modernising of services and finishes to reach contemporary standards. It is offered freehold and will be sold at auction via Secure Sale with a starting bid of £325,000; legal pack and immediate exchange procedures are in place for a quick transaction.
Suitable buyers are investors seeking rental demand close to university and business park tenants, or owner-occupiers who want a traditional terrace to modernise over time. Prospective purchasers should budget for renovation costs, check the legal pack at auction, and confirm the age and condition of heating and glazing during survey.
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