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Park Street Lane, Park Street, St. Albans - Image 1
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Park Street Lane, Park Street, St. Albans

East of England

£695,000

Listed on 09/07/2026

Property details

Bedrooms
3
Type
Detached
Area
1182 sqft

Description

This appealing detached family residence on Park Street Lane presents a compelling opportunity for homeowners and investors alike. Covering 1,182 square feet, the layout includes a generous reception and dining area that connects to a charming conservatory, offering views of the rear garden space. The kitchen is functional yet holds potential for modernisation, while the downstairs office offers viable options for conversion into a fourth bedroom, enhancing the living space adaptability. On the upper level, three spacious bedrooms are complemented by a family bathroom and an additional WC, providing ample accommodation for families. The rear garden is mostly lawned with a patio area that invites outdoor relaxation or entertaining. Convenient side access leads to off-street parking for two vehicles at the front, alongside a small lawned area. A garage to the rear further enhances storage possibilities. Located in the desirable neighbourhood of Park Street, St. Albans, this property is conveniently situated near local amenities, transport links, and reputable schools—making it an attractive choice for family living. With scope for further expansion (subject to planning permissions), this home represents an excellent investment in a sought-after community.

Investment analysis

(AL2 area)

Above Market Value

This property is priced +14.2% above area average per sq ft

+14.2%
This Property
£588/sq ft
Area Average
£515/sq ft
Avg Rent (weekly)
£526
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£669,148
10% above area average per sq ft
Potential ROI
-10.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (AL2)

Area prices are stable by -1.7% over the last 12 months
3 year growth: -7.7%
5 year growth: +4.0%
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

Park Street Lane, Park Street, 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
£2,626
Based on a loan of £521,250 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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