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Noke Lane, St. Albans, Hertfordshire, AL2

East of England

£575,000
Listed on 14/11/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
753 sqft

Description

Nestled in a semi-rural area just on the outskirts of St Albans, this two-bedroom semi-detached cottage presents an excellent opportunity for both first-time buyers and seasoned investors. The property combines traditional character with functional living space, making it a perfect canvas for renovation. Upon entering, you are greeted by an entrance hall that leads to a ground floor cloakroom for added convenience. The lounge and dining area features a charming bay window, providing ample natural light and views of the outdoor surroundings. A separate kitchen offers potential for modernization, with views overlooking the private rear garden. Upstairs, you'll find two well-proportioned double bedrooms accompanied by a family bathroom. The layout of the home allows for creative redesign possibilities that could enhance both comfort and value. Outside, the property is complemented by a gated driveway that provides off-street parking—an invaluable feature in this location. The enclosed rear garden boasts unobstructed views across farmland, creating a serene environment while also offering potential for landscaping or extension projects, subject to necessary planning permissions. This home is sold chain-free, which simplifies the buying process and opens doors for quicker renovations. Given its prime location near St Albans—with its vibrant amenities and transport links—this property represents not just a residence but an investment opportunity poised to appreciate in value as you make your personal touches and improvements.

Investment Analysis

(AL2 area)

Above Market Value

This property is priced +47.6% above area average per sq ft

+47.6%
This Property
£764/sq ft
Area Average
£518/sq ft
Avg Rent (weekly)
£370
Avg Yield
3.1%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£428,645
10% above area average per sq ft
Potential ROI
-28.6%
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

Noke Lane, 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
£2,106
Based on a loan of £431,250 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