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Victoria Street, St. Albans, Hertfordshire

East of England

£750,000
Listed on 04/03/2026

Property Details

Bedrooms
1
Type
Terraced house

Description

This freehold property in the heart of St Albans presents a promising investment opportunity, featuring vacant possession and approved planning consent for transformation into a spacious family home. Currently structured as two distinct units—a former café on the ground floor with a basement kitchen and a one-bedroom flat above—this property offers extensive renovation potential. The planned development allows for the creation of additional living space, including a fourth bedroom with en-suite and utility room in the basement, along with an inviting open-plan living area that leads to a south-facing garden and dedicated parking space. Ideally located near St Albans City railway station, this property is not only convenient for commuters but also ripe for enhancement to maximize its value. It is essential to review the approved plans on the St Albans Planning Portal under reference 5/2025/1813 for detailed insights into this renovation opportunity.

Investment Analysis

(AL1 area)
Area Average
£618/sq ft
Avg Rent (weekly)
£388
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (AL1)

Area prices are falling by -3.3% over the last 12 months
3 year growth: -1.5%
5 year growth: +7.7%
Investment Disclaimer: Analysis based on AL1 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

Victoria Street, St. Albans, Hertfordshire
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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
£2,705
Based on a loan of £562,500 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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