Worst House on the Street Logo
Richmond Walk, St. Albans, AL4 9BA - Image 1
Richmond Walk, St. Albans, AL4 9BA - Image 2
Richmond Walk, St. Albans, AL4 9BA - Image 3
Richmond Walk, St. Albans, AL4 9BA - Image 4
Richmond Walk, St. Albans, AL4 9BA - Image 5
Richmond Walk, St. Albans, AL4 9BA - Image 6
Richmond Walk, St. Albans, AL4 9BA - Image 7
Richmond Walk, St. Albans, AL4 9BA - Image 8
Richmond Walk, St. Albans, AL4 9BA - Image 9
Richmond Walk, St. Albans, AL4 9BA - Image 10
Richmond Walk, St. Albans, AL4 9BA - Image 11

Richmond Walk, St. Albans, AL4 9BA

East of England

£260,000
Listed on 09/10/2025

Property Details

Bedrooms
1
Type
Flat
Area
451 sqft

Description

Nestled in the desirable Jersey Farm area, this one-bedroom maisonette offers a unique opportunity for renovation and investment. The property is conveniently located near expansive green spaces, including Jersey Farm itself, making it an ideal spot for those who appreciate nature and outdoor activities. While the home is presented in need of some updating, its structural integrity and layout provide a solid foundation for enhancements that can elevate both comfort and value. The lengthy lease adds to its appeal, ensuring potential buyers can enjoy long-term ownership without concerns about leasehold issues. Inside, the communal entrance shared with just one other unit leads to an inviting landing. The generously sized living room features ample natural light and overlooks the tranquil green space—ideal for creating a cozy haven or even incorporating a home office. A separate kitchen provides functional space that could be modernized according to personal taste. The double bedroom comes equipped with built-in storage, while the bathroom is well-sized, allowing for possible upgrades. Jersey Farm boasts convenient access to local amenities such as Tesco, medical facilities, and excellent transport links, making this property not only attractive for personal use but also a sound investment choice. St Albans City Centre is just a short drive away, offering a vibrant atmosphere filled with shops and dining options. For additional practicality, the property includes a garage en bloc, enhancing storage possibilities or serving as valuable off-street parking. This maisonette represents a rare chance to secure a property in Jersey Farm that combines an appealing location with significant potential for customization and value ascent. Consider exploring this opportunity further—it's not often such properties become available in this sought-after area.

Investment Analysis

(AL4 area)

Below Market Value

This property is priced -3.9% below area average per sq ft

-3.9%
Potential saving
This Property
£576/sq ft
Area Average
£600/sq ft
Avg Rent (weekly)
£374
Avg Yield
3.0%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £10,000
Target Value
£297,561
10% above area average per sq ft
Potential ROI
+10.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (AL4)

Area prices are rising by +4.2% over the last 12 months
3 year growth: 2.1%
5 year growth: 17.9%
Investment Disclaimer: Analysis based on AL4 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

Richmond Walk, St. Albans, AL4 9BA
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£952
Based on a loan of £195,000 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.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE