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Midway, St. Albans, Hertfordshire, AL3

East of England

£950,000

Listed on 07/07/2026

Property details

Bedrooms
2
Type
Detached Bungalow
Area
1497 sqft

Description

Situated on a generous plot in the sought-after St. Stephens locality, this detached two-bedroom bungalow presents a significant opportunity for renovation or potential redevelopment, subject to obtaining the necessary consents. The property is set back from the street, featuring a well-maintained front lawn and a block-paved driveway that accommodates several vehicles. Upon entering, you are greeted by a spacious entrance hall leading to two double bedrooms, each adorned with bay windows and fitted wardrobe space. The expansive open-plan reception area at the rear of the home boasts large low-silled windows that invite abundant natural light and offer pleasant views of the garden. The kitchen is thoughtfully designed with ample storage solutions and space for dining, complemented by an adjacent utility room with direct access to the garden. A shower room and separate WC add to the functionality of this layout, while a single garage with an adjoining workshop enhances practical use. The south-facing rear garden stands out as a remarkable feature, offering substantial lawn space bordered by mature trees and shrubs, perfect for landscaping or leisure activities. Located within walking distance of St Albans city centre, residents will benefit from close proximity to Verulamium Park, Waitrose, and reputable schools in the vicinity.

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Investment analysis

(AL3 area)

Above Market Value

This property is priced +7.7% above area average per sq ft

+7.7%
This Property
£635/sq ft
Area Average
£589/sq ft
Avg Rent (weekly)
£492
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£969,906
10% above area average per sq ft
Potential ROI
-3.0%
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, AL3
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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
£3,589
Based on a loan of £712,500 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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