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The Mall, Park Street, St.Albans, AL2 2HT

East of England

£800,000

Listed on 15/06/2026

Property Details

Bedrooms
4
Type
Semi Detached
Area
1485 sqft

Description

Situated in a tranquil cul-de-sac within the popular village of Park Street, this semi-detached chalet bungalow presents an excellent opportunity for renovation and investment. With just under 1500 sq ft of adaptable living space, the property currently boasts a well-designed layout ideal for family life. The ground floor features a recently updated open-plan kitchen and dining area that is both bright and inviting, providing direct access to the garden—a perfect setting for family gatherings. Adjacent to this space is a cozy TV lounge or snug that also connects to the garden, creating additional flow between indoor and outdoor living. The main double bedroom on this level is complemented by another reception room that could serve as an additional bedroom depending on your family's needs. A modern shower room further enhances convenience for busy households. Upstairs, you'll find two to three additional bedrooms, including a sizable double room for privacy and ample storage. The upstairs also includes a family bathroom and a study area on the landing, which can be transformed into a functional workspace or creative nook. The exterior features a manageable garden with lawn and patio areas suitable for children's play or outdoor dining. A detached single garage provides extra storage solutions, while a notable asset is the separate forecourt at the rear accessed via Spooners Drive. This secure area offers off-street parking for multiple vehicles with substantial potential for development—concepts such as a home gym or even an annex subject to planning permission could greatly enhance value. This property not only combines spacious accommodation but also possesses significant scope for further personalization or expansion in an attractive family-friendly neighbourhood known for its strong community ties and educational facilities. Well-connected via major roadways and nearby train stations, it’s conveniently located with local amenities just around the corner—ideal for families seeking both space and convenience.

Investment Analysis

(AL2 area)

Above Market Value

This property is priced +4.4% above area average per sq ft

+4.4%
This Property
£539/sq ft
Area Average
£516/sq ft
Avg Rent (weekly)
£561
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£842,804
10% above area average per sq ft
Potential ROI
-4.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (AL2)

Area prices are stable by -1.4% over the last 12 months
3 year growth: -6.9%
5 year growth: +5.1%
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

The Mall, Park Street, St.Albans, AL2 2HT
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£3,022
Based on a loan of £600,000 over 30 years at 4.45% 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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