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Richardson Close, London Colney, St. Albans, Hertfordshire - Image 8
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Richardson Close, London Colney, St. Albans, Hertfordshire

East of England

£560,000
Listed on 28/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1206 sqft

Description

Nestled in a quiet cul-de-sac, this three-bedroom semi-detached home presents a promising investment opportunity for renovation enthusiasts. The property features ample living space alongside a practical layout that can be reimagined to enhance modern family living. A welcoming hallway leads to a bright living room and dining area filled with natural light, while the rear kitchen/dining space connects directly to a conservatory complete with a heated hot tub, providing views of the private garden. The integrated garage offers versatile access, complemented by a utility room housing a shower and additional toilet facilities. Upstairs, you’ll find three spacious bedrooms alongside a family bathroom, all of which could benefit from contemporary designs. The generous outdoor area includes off-street parking suitable for multiple vehicles, and the rear garden features lawn and patio space ripe for landscaping or expansion (subject to planning permission). Additionally, solar panels provide energy savings, contributing to the home’s long-term value. This property stands out not only for its size and location but also for its potential to create a comfortable family residence tailored to your taste. With good transport links and proximity to local amenities in London Colney, this home represents an excellent canvas for those willing to invest in modernisation.

Investment Analysis

(AL2 area)

Below Market Value

This property is priced -9.3% below area average per sq ft

-9.3%
Potential saving
This Property
£464/sq ft
Area Average
£512/sq ft
Avg Rent (weekly)
£405
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£679,352
10% above area average per sq ft
Potential ROI
+13.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (AL2)

Area prices are stable by -2.0% over the last 12 months
3 year growth: -3.7%
5 year growth: +6.2%
Investment Disclaimer: Analysis based on AL2 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

Richardson Close, London Colney, St. Albans, Hertfordshire
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,020
Based on a loan of £420,000 over 30 years at 4.06% 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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