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Thirlmere Drive, St. Albans, AL1 5QL

East of England

£425,000

Listed on 27/12/2025

Property Details

Bedrooms
2
Type
Terraced
Area
800 sqft

Description

This spacious two to three-bedroom home presents a significant opportunity for investors and individuals eager to personalize their living space. Situated in a well-regarded residential neighborhood, the property is currently in need of modern updates but offers an ideal foundation for creative improvements. Within walking distance, you'll find various local shops and dining options, while popular spots like Clarence Park and the mainline train station are just over a mile away. Families will appreciate the proximity to esteemed schools such as Samuel Ryder and Cunningham Hill, along with convenient access to London via St Pancras. As you enter, a generous entrance porch leads into a welcoming hallway. The open-plan living and dining area benefits from a dual aspect that allows natural light to enhance the space and provides direct access to the rear garden—perfect for gatherings or casual relaxation. The kitchen at the back retains its functional size with ample potential for upgrades, also connecting directly to the garden. On the upper level, you'll discover two spacious bedrooms. The front room has been adapted into two separate areas, which could serve as an office or nursery, but can easily be reverted to its original layout if desired. A separate bathroom alongside a WC rounds out this floor. The exterior includes a charming front garden that contributes to the home's appeal, while the large rear garden is meticulously kept and offers abundant space for outdoor activities or simply enjoying sunny days. This property stands as a blank canvas ready for transformation into your dream home or investment venture.

Investment Analysis

(AL1 area)

Below Market Value

This property is priced -14.2% below area average per sq ft

-14.2%
Potential saving
This Property
£531/sq ft
Area Average
£619/sq ft
Avg Rent (weekly)
£383
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£545,116
10% above area average per sq ft
Potential ROI
+17.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (AL1)

Area prices are falling by -2.6% over the last 12 months
3 year growth: -0.8%
5 year growth: +4.9%
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

Thirlmere Drive, St. Albans, AL1 5QL
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,516
Based on a loan of £318,750 over 30 years at 3.97% 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.

Stamp Duty Calculator

Price History

-5.6% since listed
£425,000£25,000(-5.6%)
12/05/2026
Current price
£450,000Initial listing
31/12/2025

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