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Richardson Close, London Colney, St. Albans, Hertfordshire - Image 1
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Richardson Close, London Colney, St. Albans, Hertfordshire - Image 3
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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

£580,000
Listed on 19/10/2025

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 substantial opportunity for those looking to invest or renovate in London Colney. The property features ample living space paired with the potential for updates, making it an appealing choice for buyers who appreciate both comfort and long-term value. Upon entry, you are welcomed by a spacious hallway that leads into a bright living room, characterized by natural light and an adjacent dining area. The kitchen/dining space at the rear of the house is designed for practicality, granting direct access to the conservatory which houses a heated hot tub—a unique feature that enhances the home's leisure aspect. This area opens up into the garden, ensuring seamless indoor-outdoor living. An integrated garage provides convenient access from inside as well as an external entry point via an up-and-over door. Additionally, a utility room equipped with a shower and separate WC adds functionality, further benefiting from a door leading to the garden. Upstairs, you will find three generously sized bedrooms along with a family bathroom. Each bedroom offers ample space and light, presenting opportunities for personalized updates. The front of the property boasts a driveway suitable for multiple vehicles along with garage access. The rear garden is primarily laid to lawn, featuring a patio area that creates an inviting outdoor retreat—ideal for landscaping or extending (subject to planning permission). A shed offers extra storage, adding to the garden's utility. Another noteworthy aspect of this property is the installation of solar panels, which significantly lower energy costs—a compelling advantage for future owners. Situated on Richardson Close—a desirable cul-de-sac—this home benefits from proximity to local schools and amenities while enjoying easy access to St Albans, Hatfield, and key motorway networks (M25/M1). This location not only appeals to families but also suits commuting professionals. Overall, this semi-detached residence combines comfortable living space with significant renovation potential, offering an excellent foundation for creating a lasting family home in a sought-after community.

Investment Analysis

(AL2 area)

Below Market Value

This property is priced -7.1% below area average per sq ft

-7.1%
Potential saving
This Property
£481/sq ft
Area Average
£518/sq ft
Avg Rent (weekly)
£370
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£686,516
10% above area average per sq ft
Potential ROI
+10.7%
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
9%
Properties sold annually

Local Market Trend (AL2)

Area prices are rising by +3.6% over the last 12 months
3 year growth: 1.2%
5 year growth: 13.7%
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 4.19%

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