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Raymer Close, St. Albans, Hertfordshire, AL1

East of England

£600,000

Listed on 10/03/2026

Property Details

Bedrooms
3
Type
Terraced
Area
962 sqft

Description

This three-bedroom residence is ideally positioned in a desirable central area, providing a remarkable opportunity for prospective buyers to craft their perfect living space. Conveniently located within walking distance of both the mainline train station and the city centre, this home offers a tranquil environment in a welcoming, established neighbourhood. The property stands out due to its substantial potential for renovation and possible extension, subject to obtaining the necessary planning permissions, allowing new owners to infuse their personal style and preferences. The exterior features driveway parking, an en-bloc garage, and a spacious private garden that holds promise for outdoor enhancements or entertainment areas. Presented with no onward chain, this property represents an intriguing prospect for those looking to invest in a well-situated home with ample room for adding value.

Investment Analysis

(AL1 area)

Above Market Value

This property is priced +0.7% above area average per sq ft

+0.7%
This Property
£624/sq ft
Area Average
£619/sq ft
Avg Rent (weekly)
£383
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£655,502
10% above area average per sq ft
Potential ROI
+1.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (AL1)

Area prices are falling by -2.6% over the last 12 months
3 year growth: -0.8%
5 year growth: +4.9%
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

Raymer Close, St. Albans, Hertfordshire, AL1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£2,141
Based on a loan of £450,000 over 30 years at 3.97% 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.

Stamp Duty Calculator

Price History

-14.3% since listed
£600,000£50,000(-7.7%)
31/03/2026
Current price
£650,000£50,000(-7.1%)
17/03/2026
£700,000Initial listing
11/03/2026

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