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Green Lane, St Albans, AL3

East of England

£875,000
Listed on 13/02/2026

Property Details

Bedrooms
5
Type
Detached house
Area
1764 sqft

Description

This substantial detached home presents a fantastic opportunity for those looking to invest in a property with the potential for significant enhancement. Spread across three thoughtfully designed floors, it offers a generous layout ideal for larger families. The residence is set back from the road and features a spacious driveway that can accommodate multiple vehicles. Inside, the welcoming entrance hall leads to practical spaces including a convenient cloakroom and guest W/C. The front-facing dining room flows into an adaptable office or family room. At the rear, an expansive lounge with sliding doors opens onto the garden, while the kitchen/breakfast area provides considerable storage options, ripe for modernization. The upper levels host five well-sized bedrooms, four equipped with fitted wardrobes, ensuring ample storage. The standout feature is the large second-floor bedroom benefiting from its own en-suite shower room. A family bathroom and separate WC located on the first floor serve the remaining bedrooms efficiently. The south-facing rear garden is one of the property’s key attractions, enjoying abundant sunlight and privacy thanks to mature hedges, trees, and shrubs. Located near reputable schools, lush parkland, and convenient transport links, this home holds broad appeal for families and professionals alike. With plenty of outdoor space and inward potential to extend or refurbish further, this property represents a unique chance to create your ideal living environment.

Investment Analysis

(AL3 area)

Below Market Value

This property is priced -15.5% below area average per sq ft

-15.5%
Potential saving
This Property
£496/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
£1,138,433
10% above area average per sq ft
Potential ROI
+21.8%
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

Green Lane, 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
£3,156
Based on a loan of £656,250 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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