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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 home, nestled in a desirable central area, presents a prime opportunity for buyers looking to transform and modernize their living space. Located within a friendly residential close, the property benefits from proximity to the mainline train station and city centre while maintaining a serene atmosphere. There is significant potential for renovation and expansion (subject to planning permissions), enabling future owners to customize the property to align with their vision. On the exterior, you'll find driveway parking, an en-bloc garage, and a spacious private garden that offers ample room for outdoor enhancements. With no onward chain, this property represents an exciting chance for those wishing to invest in a well-located home with substantial value-adding prospects.

Investment Analysis

(AL1 area)

Above Market Value

This property is priced +0.9% above area average per sq ft

+0.9%
This Property
£624/sq ft
Area Average
£618/sq ft
Avg Rent (weekly)
£404
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£653,862
10% above area average per sq ft
Potential ROI
+0.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (AL1)

Area prices are falling by -6.0% over the last 12 months
3 year growth: -2.7%
5 year growth: +3.9%
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 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,125
Based on a loan of £450,000 over 30 years at 3.91% 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.

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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