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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 -8.9% below area average per sq ft

-8.9%
Potential saving
This Property
£545/sq ft
Area Average
£598/sq ft
Avg Rent (weekly)
£489
Avg Yield
3.6%

Renovation Potential

Est. Renovation Cost
£58,000 - £145,000
10-25% of property value
Target Value
£700,206
10% above area average per sq ft
Potential ROI
-3.4%
After renovation
Monthly Sales
14
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (AL3)

Area prices are rising by +6.4% over the last 12 months
3 year growth: 6.9%
5 year growth: 16.1%
Investment Disclaimer: Analysis based on AL3 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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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