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Francis Avenue, New Greens, St. Albans

East of England

£580,000
Listed on 11/08/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1065 sqft

Description

Nestled in a sought-after area of Francis Avenue, New Greens, St. Albans, this semi-detached chalet bungalow presents a unique opportunity for renovation and investment. Featuring three spacious bedrooms, the layout offers flexibility that can accommodate families or individuals looking for extra room. The property includes two distinct reception areas that provide ample space for daily living and social gatherings. Convenience is further enhanced by the presence of two bathrooms, which cater to the needs of multiple occupants. A garage and additional parking further enhance the functionality of this home, making it ideal for those with vehicles. The outdoor space is highlighted by a generous garden, perfect for enjoying outdoor activities or hosting seasonal events. What sets this property apart is its significant potential for extension, subject to obtaining planning permission. This possibility allows prospective buyers to customize the home according to their personal vision and requirements. Being chain-free ensures a more straightforward transaction process, facilitating an easier transition for new owners. The location offers easy access to local amenities and green spaces within walking distance to Batchwood, enhancing the appeal of life in this vibrant community. This chalet bungalow stands as a promising canvas for those eager to invest in a property with great potential while settling in a desirable neighborhood.

Investment Analysis

(AL3 area)

Below Market Value

This property is priced -7.8% below area average per sq ft

-7.8%
Potential saving
This Property
£545/sq ft
Area Average
£591/sq ft
Avg Rent (weekly)
£449
Avg Yield
3.6%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£692,005
10% above area average per sq ft
Potential ROI
+13.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (AL3)

Area prices are rising by +6.1% over the last 12 months
3 year growth: 3.6%
5 year growth: 14.4%
Investment Disclaimer: Analysis based on AL3 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Francis Avenue, New Greens, St. Albans
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,125
Based on a loan of £435,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE