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Chequer Lane, Redbourn, St. Albans, AL3

East of England

£1,000,000
Listed on 30/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1686 sqft

Description

This appealing detached bungalow presents a prime opportunity for renovation and potential expansion, situated a short walk from Redbourn Common. Set back from the road, it features a long driveway with access over a picturesque bridge spanning the River Red. The interior currently comprises an L-shaped living room that flows into a spacious conservatory at the rear, creating a bright and airy atmosphere. Adjacent to this living area is a dining section plus an additional bedroom or study space. At the back, the kitchen/breakfast room offers garden views, which could be enhanced further with modern upgrades. The property includes two well-sized double bedrooms serviced by a generous bathroom, alongside a convenient guest cloakroom. Outside, the property boasts ample parking and a double garage, while the private rear garden—primarily laid to lawn and adorned with mature trees and flower beds—presents further landscaping or design possibilities. With local amenities nearby and excellent transport links to St Albans and Harpenden, this home not only offers comfort but also significant investment potential due to its location.

Investment Analysis

(AL3 area)

Above Market Value

This property is priced +1.1% above area average per sq ft

+1.1%
This Property
£593/sq ft
Area Average
£587/sq ft
Avg Rent (weekly)
£378
Avg Yield
3.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£1,088,094
10% above area average per sq ft
Potential ROI
+2.7%
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
25%
Properties sold annually

Local Market Trend (AL3)

Area prices are rising by +7.5% over the last 12 months
3 year growth: +5.8%
5 year growth: +15.8%
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

Chequer Lane, Redbourn, St. Albans, AL3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£3,607
Based on a loan of £750,000 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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