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St Peters Close, St Albans, AL1 - Image 1
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St Peters Close, St Albans, AL1

East of England

£1,100,000
Listed on 24/09/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1259 sqft

Description

Nestled in a quiet cul-de-sac, this three-bedroom detached home presents a promising opportunity for renovation and investment. The property is conveniently located near the vibrant city centre, offering easy access to shops, cafes, and restaurants just moments away. Set back from the road, the home features a driveway that accommodates off-street parking for at least two vehicles. Upon entry, you are greeted by a bright hallway that leads into a spacious living room bathed in natural light, thanks to its triple aspect design. Glazed doors open directly onto the garden, enhancing the indoor-outdoor flow. Adjacent to this area is a versatile reception room—currently utilized as a home office—ideal for conversion into a snug or children's playroom. The kitchen is positioned towards the rear of the property and offers ample storage along with integrated appliances such as a dishwasher and oven, plus plenty of space for dining furniture. A convenient WC located behind the staircase completes the ground floor layout. Upstairs, the sizeable landing connects three well-proportioned double bedrooms, each equipped with fitted storage solutions. The principal bedroom stands out with dual-aspect windows and access to a private balcony overlooking the garden. The family bathroom is also of generous size and features both a bathtub and shower. The outdoor space includes a small paved patio area and an established lawn bordered by mature shrubs, which provides both privacy and potential for landscaping improvements. Notably, side access leads to a detached single garage and additional parking space—offering exciting possibilities for extension or redevelopment (subject to local planning approvals). This location not only places you within walking distance of St Albans' excellent schools but also under a mile from the mainline train station, making it ideal for commuters. With its prime positioning and potential for enhancement through thoughtful renovations, this home represents an appealing prospect for both investors and families alike looking to make their mark in an established community.

Investment Analysis

(AL1 area)

Above Market Value

This property is priced +41.3% above area average per sq ft

+41.3%
This Property
£874/sq ft
Area Average
£619/sq ft
Avg Rent (weekly)
£373
Avg Yield
3.9%

Renovation Potential

Light Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£856,630
10% above area average per sq ft
Potential ROI
-24.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (AL1)

Area prices are falling by +2.4% over the last 12 months
3 year growth: -0.6%
5 year growth: 17.9%
Investment Disclaimer: Analysis based on AL1 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

St Peters Close, St Albans, AL1
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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
£4,030
Based on a loan of £825,000 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