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Orchard Drive, Park Street, St. Albans, Hertfordshire, AL2 - Image 1
Orchard Drive, Park Street, St. Albans, Hertfordshire, AL2 - Image 2
Orchard Drive, Park Street, St. Albans, Hertfordshire, AL2 - Image 3
Orchard Drive, Park Street, St. Albans, Hertfordshire, AL2 - Image 4
Orchard Drive, Park Street, St. Albans, Hertfordshire, AL2 - Image 5
Orchard Drive, Park Street, St. Albans, Hertfordshire, AL2 - Image 6
Orchard Drive, Park Street, St. Albans, Hertfordshire, AL2 - Image 7
Orchard Drive, Park Street, St. Albans, Hertfordshire, AL2 - Image 8
Orchard Drive, Park Street, St. Albans, Hertfordshire, AL2 - Image 9
Orchard Drive, Park Street, St. Albans, Hertfordshire, AL2 - Image 10
Orchard Drive, Park Street, St. Albans, Hertfordshire, AL2 - Image 11

Orchard Drive, Park Street, St. Albans, Hertfordshire, AL2

East of England

£585,000
Listed on 03/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
926 sqft

Description

This semi-detached family home features three bedrooms and is situated in a desirable area of Park Street, known for its community atmosphere and accessibility. The property is positioned on a generous plot, providing ample outdoor space, with a 115ft rear garden that offers potential for landscaping or expansion. Inside, the layout includes a lounge/dining room that can be reimagined to suit modern living, along with a functional kitchen. The three bedrooms offer flexibility for families or could serve as home office spaces, catering to evolving lifestyle needs. The bathroom and separate WC add convenience to daily routines. With an attached single garage accessed via its own driveway and off-street parking available, this property is well-equipped for families who require additional storage or space for vehicles. One of the notable advantages of this home is its potential for renovation and extension, subject to planning permission. This presents an opportunity for investors or homeowners looking to customize the space to fit their vision. Located less than two miles from St Albans City Centre, residents enjoy proximity to local amenities including shopping options and schools that are highly regarded among families. Transport links are convenient as well; How Wood Station on the Abbey Line provides direct routes to St Albans Abbey and Watford Junction. Easy access to the M25 and M1 further enhances connectivity, while Radlett’s Thameslink station allows quick journeys into central London. This is a freehold property classified under Council Tax Band E. While recent improvements such as cavity wall insulation add energy efficiency benefits, it's worth noting that the home would greatly benefit from modernization efforts, presenting excellent investment potential in a sought-after location. As always, prospective buyers are encouraged to verify details through their surveyor or solicitor during the purchasing process.

Investment Analysis

(AL2 area)

Above Market Value

This property is priced +22.1% above area average per sq ft

+22.1%
This Property
£632/sq ft
Area Average
£518/sq ft
Avg Rent (weekly)
£370
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£527,126
10% above area average per sq ft
Potential ROI
-16.3%
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

Orchard Drive, Park Street, St. Albans, Hertfordshire, AL2
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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
£2,143
Based on a loan of £438,750 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