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Folly Lane, St Albans

East of England

£600,000

Listed on 15/07/2026

Property details

Bedrooms
3
Type
Terraced

Description

Nestled on the sought-after Folly Lane in St. Albans, this three-bedroom cottage presents an appealing blend of historical charm and modern functionality. While it has been thoughtfully renovated by the current owners to a high standard, there remains considerable potential for further enhancement or expansion, subject to planning permissions. With its prime location just a short distance from the vibrant city centre and convenient access to transport links, including St. Albans City railway station, this property is ideal for both families and commuters alike. The interior showcases bright living spaces accentuated by double-glazing, creating a warm atmosphere throughout. A standout feature is the spacious rear garden, providing a rare oasis in such a central setting—perfect for entertaining or family activities. This cottage represents an excellent opportunity for buyers looking to invest in a character-filled home with room to grow.

Investment analysis

(AL3 area)
Area Average
£589/sq ft
Avg Rent (weekly)
£492
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

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
£2,267
Based on a loan of £450,000 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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