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Waverley Road, St. Albans

East of England

£1,000,000
Listed on 24/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
845 sqft

Description

This three-bedroom detached home presents a promising opportunity for those looking to create their ideal living space through renovation. Situated within a short stroll from the city centre and conveniently close to the station, this property is offered chain-free, making it an appealing project for investors or homeowners ready to modernise. With generous potential for extensions and improvements, the home is complemented by a substantial 120ft rear garden and off-street parking. The entryway features a classic hardwood leaded-light door leading into a spacious hall with ample storage. The living room boasts a double-glazed bay window and a charming fireplace, while the adjoining dining room opens onto the garden through double patio doors. The kitchen comes equipped with wall-mounted units and essential appliances but would benefit from an update. Upstairs, find three bedrooms filled with natural light; the master includes fitted wardrobes, while one bedroom offers loft access. A fully tiled wet room completes the upstairs layout. Outside, the expansive garden provides ample space for landscaping or further development, accessed conveniently from both sides of the property. This home not only offers contemporary needs in mind but also holds significant investment potential in a desirable area with access to quality schooling.

Investment Analysis

(AL3 area)

Above Market Value

This property is priced +101.7% above area average per sq ft

+101.7%
This Property
£1,183/sq ft
Area Average
£587/sq ft
Avg Rent (weekly)
£378
Avg Yield
3.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£545,338
10% above area average per sq ft
Potential ROI
-48.1%
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

Waverley Road, St. Albans
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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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