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Lattimore Road, St. Albans, Hertfordshire, AL1

East of England

£425,000
Listed on 04/10/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

Nestled in a prime location within walking distance of St Albans City Station and the bustling city center, this two-bedroom mid-terraced cottage presents a unique opportunity for buyers interested in renovation and investment. While the property requires modernization, it offers a blank canvas to design a home that reflects your personal style and vision. The ground floor features a welcoming lounge, perfect for relaxation or entertaining guests, as well as a separate kitchen with direct access to the rear outdoor space. Upstairs, you will find two comfortable bedrooms alongside a family bathroom, providing essential living accommodations. One of the standout aspects of this property is the off-road parking available at the rear—a rare find in such a central location, adding significant value for both homeowners and potential renters. Given its desirable setting and renovation potential, this cottage could be transformed into an appealing residence or an attractive rental investment. The property is being offered chain-free, streamlining the buying process for those eager to capitalize on this opportunity. With its character and location advantages, this home is worthy of exploration if you're looking to invest in St Albans.

Investment Analysis

(AL1 area)
Area Average
£623/sq ft
Avg Rent (weekly)
£397
Avg Yield
3.9%

Renovation Potential

Est. Renovation Cost
£42,500 - £106,250
10-25% of property value
Monthly Sales
17
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (AL1)

Area prices are falling by +3.2% over the last 12 months
3 year growth: -2.5%
5 year growth: 13.7%
Investment Disclaimer: Analysis based on AL1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Lattimore Road, St. Albans, Hertfordshire, AL1
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