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Mentmore Road, St Albans, AL1

East of England

£515,000
Listed on 05/02/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
985 sqft

Description

This chain-free property presents a promising opportunity for those looking to invest in a home with significant potential for expansion and modernization, pending necessary permits. The layout features an entrance hall leading into a family room adorned with a box bay window, flowing seamlessly into an extended dining area that connects to a kitchen with views of the rear garden. On the first floor, two generously-sized bedrooms are complemented by a family bathroom. In front, the garden space offers the possibility of converting to off-street parking, subject to planning permission—a desirable prospect in this area. The enclosed rear garden hosts a detached garage and is an inviting space for outdoor activities. Located conveniently near reputable schools and with quick access to scenic countryside and the Alban Way cycle route, this property is well-suited for commuters, being within reach of mainline train stations and St Albans city centre. The surrounding tree-lined street enhances its residential charm, surrounded by similar homes that suggest a tight-knit community.

Investment Analysis

(AL1 area)

Below Market Value

This property is priced -15.3% below area average per sq ft

-15.3%
Potential saving
This Property
£523/sq ft
Area Average
£618/sq ft
Avg Rent (weekly)
£386
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£669,170
10% above area average per sq ft
Potential ROI
+19.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (AL1)

Area prices are falling by -4.4% over the last 12 months
3 year growth: -2.7%
5 year growth: +9.2%
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

Mentmore Road, St Albans, AL1
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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
£1,857
Based on a loan of £386,250 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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