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Morris Way, London Colney, AL2

East of England

£489,950
Listed on 25/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
721 sqft

Description

Located on a sought-after street in London Colney, this three-bedroom semi-detached house presents an excellent opportunity for renovation and investment. While the property requires modernisation throughout, it offers significant potential for extending or reconfiguring the layout (subject to planning permission). The home benefits from a convenient location close to local shops, schools, and transport links, making it ideal for families and commuters alike. Available with no onward chain, this property is ready for a new owner to transform it into their dream home. The accommodation includes an entrance hall leading to a spacious lounge/diner and a conservatory providing additional living space. The compact kitchen and three bedrooms upstairs offer a functional layout, along with a family bathroom. Outside, there are gardens both at the front and rear, plus off-street parking with a garage.

Investment Analysis

(AL2 area)

Above Market Value

This property is priced +31.3% above area average per sq ft

+31.3%
This Property
£680/sq ft
Area Average
£518/sq ft
Avg Rent (weekly)
£370
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£410,429
10% above area average per sq ft
Potential ROI
-22.6%
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

Morris Way, London Colney, 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
£1,795
Based on a loan of £367,462 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