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Netherway, St. Albans, Hertfordshire, AL3

East of England

£900,000
Listed on 07/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1244 sqft

Description

Nestled in a desirable area of Netherway, this three-bedroom chalet bungalow presents an impressive opportunity for enhancement and personalization, boasting over 1,200 sq. ft. of adaptable living space. The property features a tiered rear garden that has been thoughtfully designed and includes a separate garden studio or office, making it suitable for various lifestyles and work-from-home needs. Equipped with a garage and driveway parking, this residence combines practicality with the potential for future development within a serene St Albans community. Upon entering through a porch into the welcoming hall, one finds flexible living arrangements on the ground floor. There are two generously sized bedrooms at the front of the property which share a family bathroom, presenting possibilities for guest accommodation or additional study areas. A spacious open-plan dining and living room at the rear offers direct access to the garden, complemented by an adjoining kitchen/breakfast room that promotes ease of entertaining. Completing the ground floor layout is a dedicated study area which leads to the staircase connecting to the first floor. The upstairs hosts an expansive principal bedroom suite complete with its own bathroom and ample storage in the eaves, serving well as a private retreat or guest suite. The tiered garden is an attractive feature designed with practical paving and artificial grass across different levels; ideal for outdoor gatherings or gardening enthusiasts alike. The elevated office/studio space provides versatility for home working or creative pursuits. Further enhancing the appeal is the property's location in close proximity to St Albans city centre, excellent local schools, amenities, and robust transport links including services to London St Pancras. This home not only offers immediate comfort but also considerable scope to extend further (subject to planning permissions), making it an outstanding investment opportunity.

Investment Analysis

(AL3 area)

Above Market Value

This property is priced +24.8% above area average per sq ft

+24.8%
This Property
£723/sq ft
Area Average
£580/sq ft
Avg Rent (weekly)
£383
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£793,398
10% above area average per sq ft
Potential ROI
-15.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (AL3)

Area prices are rising by +6.9% over the last 12 months
3 year growth: 5.3%
5 year growth: 16.0%
Investment Disclaimer: Analysis based on AL3 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

Netherway, St. Albans, Hertfordshire, AL3
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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
£3,297
Based on a loan of £675,000 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