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Gorham Drive, St. Albans

East of England

£650,000

Listed on 09/07/2026

Property details

Bedrooms
3
Type
End Of Terrace
Area
946 sqft

Description

Nestled in a sought-after area of St Albans, this three-bedroom home presents an opportunity for both comfortable living and potential enhancement. Spanning approximately 946 sq ft (87.9 sq m), the property is situated on a generous plot featuring an impressive 103ft rear garden, ideal for outdoor activities and future landscaping projects. The expansive driveway allows for ample off-street parking—an advantageous feature in this desirable community.

The layout is family-friendly, with a spacious open-plan kitchen and dining area that serves as the heart of the home. While already functional with contemporary fittings, there is potential to modernize or expand this space further. The living room at the front provides a welcoming area for relaxation, complemented by a convenient ground floor cloakroom.

Upstairs, there are three well-sized bedrooms, including a principal suite with a walk-in wardrobe, along with a modern family bathroom ready for updates if desired. The substantial outbuilding in the rear garden offers versatility; it can be transformed into a home office or gym based on individual needs.

This property not only offers great living space but also has significant renovation potential that could enhance its value, making it appealing for families seeking proximity to highly-regarded schools and local amenities. With excellent access to transport links to London and vibrant city life nearby, the location adds further investment appeal.

Investment analysis

(AL1 area)

Above Market Value

This property is priced +11.0% above area average per sq ft

+11.0%
This Property
£687/sq ft
Area Average
£619/sq ft
Avg Rent (weekly)
£394
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£644,235
10% above area average per sq ft
Potential ROI
-8.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (AL1)

Area prices are falling by -2.7% over the last 12 months
3 year growth: -0.9%
5 year growth: +2.9%
Investment Disclaimer: Analysis based on AL1 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

Gorham Drive, 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
£2,456
Based on a loan of £487,500 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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