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Nicholls Close, Redbourn, St. Albans, Hertfordshire, AL3 - Image 1
Nicholls Close, Redbourn, St. Albans, Hertfordshire, AL3 - Image 2
Nicholls Close, Redbourn, St. Albans, Hertfordshire, AL3 - Image 3

Nicholls Close, Redbourn, St. Albans, Hertfordshire, AL3

East of England

£525,000

Listed on 22/08/2026

The listing

Property details

Bedrooms
2
Type
Semi Detached
Area
656 sqft

Description

This two-bedroom semi-detached house offers significant potential for renovation and customization, thanks to its spacious rear garden. The ground floor features a separate kitchen positioned behind the living room, with direct access to the garden, enhancing convenience for outdoor use. Upstairs, the layout comprises two bedrooms and a bathroom, providing a practical foundation for updates. Given that updating is required throughout the property and it comes with no onward chain, this home presents an excellent opportunity for buyers keen on reshaping their space. Additionally, there may be scope for extension, subject to obtaining the necessary planning consents.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

31out of 100
Grade ELow opportunity

Confidence: LOW

This two-bedroom semi-detached house presents a canvas for renovation, featuring a separate kitchen that opens directly into a spacious rear garden. The layout is practical, with two bedrooms and a bathroom upstairs, making it a feasible starting point for updates and potential extensions, subject to necessary consents.

However, the asking price of £525,000 at £800 per square foot significantly exceeds the local average of £589 per square foot, which raises concerns about value relative to the market. The renovation potential is limited by insufficient details on existing conditions and costs, making it difficult to assess the overall economics of the project. While there is potential for improvement, the high entry price and lack of clear renovation estimates suggest that caution is warranted for prospective buyers.

Overall, this property offers some appealing features, particularly the garden and layout, but the economics and pricing may not align with what buyers typically expect in this area.

Key opportunities

  • Large rear garden provides scope for extension or landscaping.
  • Practical layout allows for straightforward updates to the living space.

Key risks

  • Limited information on renovation costs and existing conditions creates uncertainty.

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Map

Location

Nicholls Close, Redbourn, St. Albans, Hertfordshire, AL3
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,983
Based on a loan of £393,750 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.

Tax

Stamp duty calculator

Indicative tax based on the asking price and the options you select.

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