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Wellington Road, London Colney, St. Albans

East of England

£400,000
Listed on 16/04/2026

Property Details

Bedrooms
N/A
Type
Light Industrial

Description

Located within the commercial core of London Colney, St Albans, this freehold property presents a notable opportunity for both owner-occupiers and investors seeking to capitalize on its renovation potential. Spanning approximately 2,825 sqft (NIA), the space is versatile, having permissions that cater to various uses within Class B2, B8, and E—ideal for light industrial activities, storage solutions, or business operations.

While requiring significant refurbishment throughout, the property currently features a fitted office area with WC facilities and two single-storey storage units. This layout offers flexibility for multiple operational purposes. Externally, there is a small yard that can serve as additional storage or workspace and includes valuable off-street parking.

Sitting just off the High Street in a well-established light industrial estate, this location ensures excellent connectivity and accessibility for future occupiers. The property is available with freehold vacant possession, allowing for immediate occupation or rental opportunities. This makes it an appealing investment for those looking to generate income or enhance their portfolio in a robust commercial setting.

Investment Analysis

(AL2 area)
Area Average
£517/sq ft
Avg Rent (weekly)
£402
Avg Yield
3.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
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

Wellington Road, London Colney, St. Albans
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,417
Based on a loan of £300,000 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.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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