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Mount Drive, Park Street, St. Albans, Hertfordshire, AL2 - Image 1
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Mount Drive, Park Street, St. Albans, Hertfordshire, AL2

East of England

£600,000
Listed on 10/04/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
955 sqft

Description

This two-bedroom detached bungalow is situated in the desirable village of Park Street, presenting an opportunity for significant value addition through extensions or modern updates. The property is set on a spacious plot, featuring a generous private rear garden and access to a garage, ideal for those looking to enhance their living space or invest in future development. With its solid structure and location, this bungalow offers a blank canvas for renovation enthusiasts or investors aiming to capitalize on the local market potential.

Investment Analysis

(AL2 area)

Above Market Value

This property is priced +21.5% above area average per sq ft

+21.5%
This Property
£628/sq ft
Area Average
£517/sq ft
Avg Rent (weekly)
£402
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£543,161
10% above area average per sq ft
Potential ROI
-16.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (AL2)

Area prices are falling by -2.5% over the last 12 months
3 year growth: -5.5%
5 year growth: +4.6%
Investment Disclaimer: Analysis based on AL2 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

Mount Drive, Park Street, St. Albans, Hertfordshire, AL2
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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.

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