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Wildwood Avenue, St. Albans, AL2

East of England

£650,000

Listed on 16/05/2026

Property Details

Bedrooms
4
Type
Bungalow
Area
1098 sqft

Description

This four-bedroom bungalow in the desirable area of Bricket Wood, AL2, presents an exceptional opportunity for those looking to invest in a renovation project. The property, which is set on a generous plot, requires comprehensive modernisation, making it suitable for developers and investors eager to transform it into a custom family residence. With its current layout offering ample space and potential for reconfiguration, this home invites creativity in design choices. There is also significant potential for expansion, whether through building onto the existing footprint or redesigning the internal spaces (subject to planning permission). Situated in a tranquil residential neighbourhood with easy access to local amenities and well-regarded schools, along with convenient transport links into London and proximity to the M25, this property is ideal for those seeking an investment that can yield substantial returns. Being sold with no onward chain enhances its appeal as a project worth pursuing.

Investment Analysis

(AL2 area)

Above Market Value

This property is priced +14.9% above area average per sq ft

+14.9%
This Property
£592/sq ft
Area Average
£515/sq ft
Avg Rent (weekly)
£408
Avg Yield
3.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£622,138
10% above area average per sq ft
Potential ROI
-19.2%
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

Wildwood Avenue, St. Albans, 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
£2,319
Based on a loan of £487,500 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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