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Wesley Road, Markyate, St Albans, AL3

East of England

£335,000
Listed on 10/04/2026

Property Details

Bedrooms
2
Type
End Of Terrace
Area
700 sqft

Description

This charming character property presents an excellent opportunity for renovation and investment. While it requires some updating, it offers generous living spaces and an appealing enclosed rear garden, making it a promising project for those looking to add value. The front of the home features a quaint garden with a picket fence, leading into a welcoming hallway that introduces a bright living room with a bay window and an attractive feature fireplace. The adjoining dining room, also equipped with a fireplace, flows seamlessly into the galley-style kitchen, which is fitted with functional units alongside an integrated oven and hob. An external door provides direct access to the garden, enhancing convenience. The utility room adjacent to the kitchen includes plumbing for a washing machine and leads to a bathroom furnished with a classic three-piece suite. On the upper floor, two spacious double bedrooms offer potential for modernization. Outside, the side passageway grants entry to the fully fenced rear garden featuring lawned space bordered by vibrant flower beds and supplemented by a timber shed ideal for storage. It’s important to note that there is a right of way across the garden for the neighboring property’s access. Located in the heart of Markyate village, this property is just steps away from local amenities including shops, pubs, and recreational facilities. With easy access to the M1 motorway and proximity to fast train links into London via Harpenden and Luton Parkway, this home represents not only an opportunity for personalisation but also strategic investment potential.

Investment Analysis

(AL3 area)

Below Market Value

This property is priced -19.1% below area average per sq ft

-19.1%
Potential saving
This Property
£479/sq ft
Area Average
£592/sq ft
Avg Rent (weekly)
£420
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£455,571
10% above area average per sq ft
Potential ROI
+23.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (AL3)

Area prices are rising by +7.6% over the last 12 months
3 year growth: +3.1%
5 year growth: +12.7%
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

Wesley Road, Markyate, St Albans, AL3
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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
£1,187
Based on a loan of £251,250 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.

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