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Walton Street, St. Albans

East of England

£600,000
Listed on 03/10/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

Nestled in the appealing neighborhood of Walton Street, St. Albans, this Victorian terraced house offers a unique opportunity for those looking to invest in a property with significant renovation potential. Featuring three generously sized bedrooms and two reception areas, the layout is well-suited for those seeking room to grow or entertain. Upon entering, you’ll find a welcoming hallway that connects the reception rooms, each brimming with character and potential. The kitchen is functional but would benefit from modernization, making it an ideal candidate for a stylish update that suits contemporary living. Additionally, the ground floor bathroom presents further opportunities for enhancement to meet today's standards. Located within the desirable Parish of Bernards Heath, this property enjoys easy access to local amenities and esteemed schools, making it particularly attractive for families. Its position also allows for short walks to the vibrant city centre and nearby Thameslink station, providing fantastic transport links that facilitate commuting and exploration beyond St. Albans. This Victorian terrace comes with full vacant possession, ensuring a seamless transition for future owners. With thoughtful renovations and creative vision, this house can be transformed into a remarkable home tailored to your personal taste while also serving as a solid investment for the future.

Investment Analysis

(AL1 area)
Area Average
£619/sq ft
Avg Rent (weekly)
£373
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £70,000
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

Walton Street, 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
£2,198
Based on a loan of £450,000 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