An underground storage vault having a hatch affixed to a hatchway. The underfloor storage vault may be incorporated into a larger structure such that the surface of the vault's hatch may be flush with the surrounding floor, allowing for the hatch to be easily concealed. Once the concealment has been removed, fasteners can be undone so that the hatch can be removed from inhibiting access to the hatchway. Valuables and possessions can be stored in the vaults storage compartment and safely secured by re-affixing the hatch to the vault's hatchway.