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Hazel Road, Park Street, St Albans - Image 1
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Hazel Road, Park Street, St Albans - Image 6

Hazel Road, Park Street, St Albans

East of England

£635,000
Listed on 27/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1528 sqft

Description

This spacious three-bedroom bungalow presents an excellent opportunity for those looking to invest in a property with substantial renovation or redevelopment potential. Nestled on a tranquil residential street in the desirable village of Park Street, the home boasts approximately 142 sq m of living space, which includes three generously sized bedrooms and a recently updated family bathroom, along with a convenient cloakroom fitted with a WC. The expansive living and dining area flows into the kitchen and a utility room, creating versatile living arrangements. Outside, the property features a side garage, a workshop, and extensive gardens both at the front and back, offering ample outdoor space as well as off-street parking. There is considerable scope for enhancement or extension (subject to planning permissions), making this an ideal project for prospective buyers looking to add value. Park Street itself is well-regarded for its community atmosphere and is surrounded by beautiful countryside while still providing easy access to local amenities including shops, schools, and transport links via Park Street railway station. This location strikes a perfect balance between peaceful rural living and convenient connectivity to St Albans and London.

Investment Analysis

(AL2 area)

Below Market Value

This property is priced -18.8% below area average per sq ft

-18.8%
Potential saving
This Property
£416/sq ft
Area Average
£512/sq ft
Avg Rent (weekly)
£405
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£860,738
10% above area average per sq ft
Potential ROI
+20.4%
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
21%
Properties sold annually

Local Market Trend (AL2)

Area prices are stable by -2.0% over the last 12 months
3 year growth: -3.7%
5 year growth: +6.2%
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

Hazel Road, Park Street, St Albans
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,290
Based on a loan of £476,250 over 30 years at 4.06% 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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