Hydrothermal carbonisation (HTC) presents a promising method for converting high-moisture biomass into hydrochars, which can serve as valuable sources of carbon and nutrients for soil applications. However, there is a lack of comprehensive understanding regarding the characterisation and potential environmental risks of hydrochars with respect to different feedstock types and operating conditions especially when compared to those obtained from dry pyrolysis. This research aims to investigate the chemical properties and re-partitioning of Ni, Cd, Cr and Pb in the HTC-treated mono-and co-digestates derived from the anaerobic digestion of pig manure and ensiled maize. The hypothesis states that HTC will further reduce the potential availability of these metals, enhancing the quality of the digestates as bio-based fertilisers or soil improvers. Hydrochars were produced from homogeneous digestate slurries, derived from a unique source facility, VeDoWs system, and maize from contaminated land, containing potentially higher concentrations of heavy metals (HMs) compared to pig slurry. The derived hydrochars were further analysed for their composition and HMs extractability. Higher yields were observed for both digestates at lower temperatures and shorter residence times, whereas the total nitrogen and carbon content showed an opposite trend. The composition of the digestates and the HTC operating parameters influenced the enrichment of nutrients and release of the HMs from the hydrochars, enabling their classification as potential solid organic fertilisers according to the Fertilising Products Regulation (EU) 2019/1009. Notably, the HTC treatment at 200–220 °C for 4 h resulted in the highest immobilization of Ni, Cd, Cr, and Pb in both digestates. This treatment strategy effectively reduced the ecological risk index of these products, thereby mitigating potential environmental impacts associated with the HMs contamination.