Chennells, Hatfield, Hertfordshire

Strats Homes are delighted to offer for sale this four-unit HMO investment property, ideally situated in Chennells, Hatfield, within easy reach of the University of Hertfordshire College Lane Campus. Originally constructed as a three-bedroom house, this end-of-terrace property has been converted to provide four self-contained studio-style rooms, each featuring its own kitchen facilities and shower room, making it particularly attractive to the student rental market.

Offering approximately 957 sq. ft. (89 sq. m.) of accommodation across two floors, the property benefits from a practical layout, a private rear garden and residents' permit parking, subject to eligibility.

Ground Floor

Room One – 5.70m x 4.80m (18'9" x 15'9") – A generously sized studio with its own kitchen area and private shower room with WC.

Room Two – 4.20m x 4.30m (13'7" x 14'2") – A spacious studio offering kitchen facilities and an individual shower room with WC.

First Floor

Room 3 Three – 3.90m x 3.20m (12'9" x 10'5") – A well-arranged studio with kitchen facilities and a private shower room with WC.

Room 4 Four – 5.80m x 3.10m (18'11" x 10'2") – A generously proportioned studio benefiting from its own kitchen area and shower room with WC.

External

The property benefits from a private rear garden, providing outdoor space for residents. Parking is available through the local residents' permit parking scheme, subject to eligibility.

Location

The property is ideally positioned for the University of Hertfordshire College Lane Campus, with the De Havilland Campus also conveniently accessible. Nearby amenities include The Galleria Shopping Centre, offering a variety of shops, restaurants, cafés and an Odeon cinema, together with Hatfield Town Centre and local supermarkets. Excellent transport links provide convenient access to the A1(M), A414, Hatfield Business Park and Hatfield Railway Station, with rail services towards London and surrounding areas.

Investment Opportunity

The property currently generates a gross rental income of £2,985 per calendar month (£35,820 per annum).

The current landlord operates a bills-inclusive rental arrangement, covering gas, electricity, water, internet and TV licence costs within the tenants' rent. The advertised rental income is therefore before deduction of these bills and other landlord expenses.

Offered chain free and marketed to cash buyers only, early enquiries and viewings are highly recommended.