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Alexander Road, London Colney, St. Albans

East of England

£500,000
Listed on 16/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1013 sqft

Description

This three-bedroom semi-detached house in London Colney presents a significant renovation opportunity, perfect for investors or homeowners looking to customize their space. While the property is chain-free, it currently requires modernisation, offering a blank canvas for updates and personal touches. The layout includes an entrance porch leading to a hallway, with access to a spacious living room, dining room, and kitchen—ideal areas that could benefit from contemporary enhancements. The addition of a conservatory provides extra living space that can easily be transformed into a year-round area for relaxation. Upstairs, the three well-proportioned bedrooms offer plenty of potential for reconfiguration or redecoration. A separate shower cubicle and bathroom are functional yet ripe for updating with modern fixtures. The property features off-street parking accommodating 2-3 vehicles and includes a garage with side access—an excellent asset for additional storage or workshop space. The south/east facing garden is largely laid to lawn and bordered by fencing, providing an inviting outdoor area that could be developed further. With its prime location close to local amenities, transport links, and potential for extension (subject to planning), this home stands out as an intriguing investment.

Investment Analysis

(AL2 area)

Below Market Value

This property is priced -3.8% below area average per sq ft

-3.8%
Potential saving
This Property
£494/sq ft
Area Average
£513/sq ft
Avg Rent (weekly)
£349
Avg Yield
2.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£571,803
10% above area average per sq ft
Potential ROI
+5.9%
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
19%
Properties sold annually

Local Market Trend (AL2)

Area prices are stable by +1.4% over the last 12 months
3 year growth: -1.1%
5 year growth: 9.8%
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

Alexander Road, London Colney, 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
£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