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Midway, St. Albans, Hertfordshire

East of England

£900,000

Listed on 06/07/2026

Property details

Bedrooms
3
Type
Bungalow
Area
1174 sqft

Description

This mid-century bungalow presents a significant opportunity for renovation and redevelopment in the desirable St Stephens area of St Albans. Currently vacant, it is primed for transformation—whether you envision renovating the existing structure or pursuing plans already granted for the construction of two semi-detached homes, each approximately 1,800 sq ft. The dual-aspect sitting room featuring French doors to the garden offers a bright space that could benefit from modern updates. The kitchen is spacious yet in need of complete renovation, allowing for the possibility of reconfiguration to meet contemporary standards. With three double bedrooms and a family bathroom with separate WC, the layout is functional but ripe for improvement. The property boasts a generous block-paved driveway providing ample parking and leads to a sizable rear garden that is fully enclosed, perfect for families seeking outdoor space. Although some landscaping work is required, the potential to create an inviting family garden remains strong amid mature trees that ensure privacy. Situated on a well-established residential road with great connectivity to major routes and St Albans City centre—where diverse amenities await—this property not only represents an appealing investment but also promises a rewarding project for those eager to create their dream home.

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Investment analysis

(AL3 area)

Above Market Value

This property is priced +30.2% above area average per sq ft

+30.2%
This Property
£767/sq ft
Area Average
£589/sq ft
Avg Rent (weekly)
£492
Avg Yield
3.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£100,000 - £200,000
Target Value
£760,635
10% above area average per sq ft
Potential ROI
-30.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (AL3)

Area prices are stable by +0.2% over the last 12 months
3 year growth: -1.6%
5 year growth: +9.0%
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

Midway, St. Albans, Hertfordshire
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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
£3,400
Based on a loan of £675,000 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.

Stamp duty calculator

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