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Springfield Road, St. Albans, AL1 5LY

East of England

£500,000
Listed on 01/01/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
826 sqft

Description

Nestled in a quiet cul-de-sac, this two-bedroom residence presents a unique opportunity for renovation and investment. Conveniently located within walking distance to St Albans' vibrant city centre, you'll find an array of shops, dining options, and the train station just moments away. The nearby Clarence Park is perfect for leisurely walks or weekend picnics, and the area is serviced by several reputable schools, adding to its appeal for families. Upon entering, the home greets you with a bright hallway that sets a welcoming tone. The living room offers a comfortable retreat, flowing seamlessly into a kitchen/dining area that opens up to the garden—a canvas awaiting your personal touch. The upper level features two generously-sized double bedrooms alongside a spacious bathroom that boasts good finishing. The front of the property features a block-paved driveway accommodating up to two vehicles. The rear garden is designed for outdoor enjoyment with its patio area and elevated decking, both ideal for entertaining or simply taking in the views. Additionally, the garden room serves as an adaptable space suitable for a home office or workout area and benefits from abundant natural light thanks to its large picture window. There’s significant potential to enhance this home further; subject to planning permission, extensions could be considered as seen in neighbouring properties. This property provides not only comfortable living space but also long-term investment potential through thoughtful renovations.

Investment Analysis

(AL1 area)

Below Market Value

This property is priced -2.1% below area average per sq ft

-2.1%
Potential saving
This Property
£605/sq ft
Area Average
£619/sq ft
Avg Rent (weekly)
£373
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£562,015
10% above area average per sq ft
Potential ROI
+4.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (AL1)

Area prices are falling by +2.4% over the last 12 months
3 year growth: -0.6%
5 year growth: 17.9%
Investment Disclaimer: Analysis based on AL1 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

Springfield Road, St. Albans, AL1 5LY
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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
£1,832
Based on a loan of £375,000 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