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2 Cranbrook Drive, St. Albans

East of England

£250,000
Listed on 12/12/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
788 sqft

Description

This two-bedroom upper floor maisonette, located in a desirable residential area of St Albans, presents an exceptional renovation project. With a generous footprint of approximately 73.2 sq. m (788 sq. ft), the property is accessed through its own private entrance and features an inviting staircase leading to the main living areas. Inside, you will find a spacious lounge/dining room bathed in natural light, alongside a separate kitchen accessible from the landing. Both bedrooms are sizable enough to accommodate double beds, while the bathroom and internal storage cupboard enhance the functionality of the space. Outside, the property boasts a private garden — a rare advantage for an upper floor maisonette — offering ample potential for landscaping or creating an outdoor retreat. Although currently dated and in need of full modernisation, this home holds substantial investment appeal for those looking to improve or develop it further, subject to any necessary permissions. It is particularly well-suited for investors or buyers ready to embark on a refurbishment journey. Located on Cranbrook Drive, this property enjoys proximity to local shops and everyday necessities, with additional leisure and dining options available in nearby St Albans city centre. The area is well-connected by public transport, including mainline rail services into London, making it convenient for commuters. Additionally, families will appreciate the access to reputable primary and secondary schools as well as local parks and green spaces nearby.

Investment Analysis

(AL4 area)

Below Market Value

This property is priced -47.1% below area average per sq ft

-47.1%
Potential saving
This Property
£317/sq ft
Area Average
£600/sq ft
Avg Rent (weekly)
£374
Avg Yield
3.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£519,907
10% above area average per sq ft
Potential ROI
+82.4%
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

2 Cranbrook Drive, St. Albans
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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
£916
Based on a loan of £187,500 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