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Folly Lane, St. Albans

East of England

£750,000

Listed on 20/06/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1096 sqft

Description

This three-bedroom semi-detached home presents an exciting opportunity for renovation and extension, ideally positioned within a short stroll of St Albans City Centre, Verulamium Park, and just over a mile from the mainline station. The property offers a spacious open-plan kitchen/breakfast area that serves as a welcoming hub, complemented by a generous 22ft sitting/dining room. The well-sized rear garden is not only mature but also benefits from a sunken patio leading to a large lawn, perfect for outdoor living or future enhancements. Additionally, the existing outbuilding in the garden could be transformed into a versatile workspace or leisure area. With ample off-street parking provided by an extensive block-paved driveway, there is significant potential to extend the house at the rear and convert the loft into another bedroom with an en-suite bathroom, subject to the appropriate planning consents. The interior comprises three comfortable bedrooms on the first floor along with a stylish family shower room. As such, this property stands out as an ideal project for those looking to create their dream home while taking advantage of its prime location.

Investment Analysis

(AL3 area)

Above Market Value

This property is priced +14.8% above area average per sq ft

+14.8%
This Property
£684/sq ft
Area Average
£596/sq ft
Avg Rent (weekly)
£487
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£718,899
10% above area average per sq ft
Potential ROI
-9.6%
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
8%
Properties sold annually

Local Market Trend (AL3)

Area prices are stable by +1.6% over the last 12 months
3 year growth: +0.9%
5 year growth: +11.9%
Investment Disclaimer: Analysis based on AL3 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

Folly Lane, St. Albans
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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
£2,833
Based on a loan of £562,500 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.

Stamp Duty Calculator

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