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Park Street Lane, Park Street, AL2

East of England

£1,500,000
Listed on 09/05/2026

Property Details

Bedrooms
4
Type
Detached
Area
2844 sqft

Description

Nestled behind electric gates and surrounded by approximately 0.32 acres of established gardens, this Grade II listed country home presents a unique renovation opportunity in the highly desirable St Albans area. With over 2,800 sq ft of space, this property features a remarkable blend of seventeenth-century architecture and Georgian extensions, reflecting its rich historical significance while providing ample scope for modern enhancements. The house retains many original elements such as exposed timber beams and inglenook fireplaces that could be beautifully restored or updated to amplify its character. The flexible layout spans three floors, making it ideal for reconfiguration to suit contemporary living needs. The principal living areas offer generous dimensions and access to the gardens, with potential to create an open-plan design that merges indoor and outdoor spaces seamlessly. The kitchen area is functional but could benefit from modernization to cater for social dining experiences—direct access to the rear garden adds charm and future potential for entertaining. On the first floor, there are opportunities for further customization; an extra dressing room could easily be converted into an additional bathroom if desired. The second floor’s independent suite holds potential for conversion into a self-contained apartment or a versatile guest space. Outside, the mature grounds provide privacy and tranquility with significant potential for landscaping improvements or expansion of outdoor amenities like patios or entertainment areas. The inclusion of a greenhouse appeals to gardening enthusiasts looking to cultivate their surroundings further. This property is available for the first time in over two decades, offering not just a residence but a chance to invest in St Albans’ architectural legacy while crafting a personalized home that honors its historical roots.

Investment Analysis

(AL2 area)

Above Market Value

This property is priced +2.4% above area average per sq ft

+2.4%
This Property
£527/sq ft
Area Average
£515/sq ft
Avg Rent (weekly)
£408
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £125,000
Target Value
£1,611,439
10% above area average per sq ft
Potential ROI
-0.8%
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
7%
Properties sold annually

Local Market Trend (AL2)

Area prices are falling by -2.6% over the last 12 months
3 year growth: -5.2%
5 year growth: +4.9%
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

Park Street Lane, Park Street, AL2
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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
£5,351
Based on a loan of £1,125,000 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

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