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Watersplash Court Thamesdale, London Colney, St. Albans, AL2 1TN - Image 1
Watersplash Court Thamesdale, London Colney, St. Albans, AL2 1TN - Image 2
Watersplash Court Thamesdale, London Colney, St. Albans, AL2 1TN - Image 3

Watersplash Court Thamesdale, London Colney, St. Albans, AL2 1TN

East of England

£210,000

Listed on 31/08/2026

The listing

Property details

Bedrooms
2
Type
Ground Flat
Area
509 sqft

Description

This two-bedroom ground floor flat presents a significant renovation opportunity, requiring complete refurbishment throughout. The layout includes an entrance hall, living room, kitchen, two bedrooms, and a bathroom, all of which are in need of modernisation. This property allows potential buyers to tailor the space to their personal tastes and requirements. Located within a sought-after residential development, the flat benefits from its ground floor position, making it easily accessible. It is conveniently situated near local amenities, shopping facilities, and transport links, enhancing its appeal for future residents. Additionally, the property comes with an extended lease, providing further value for prospective buyers.

WHOTS analysis

Our WHOTS verdict

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

58out of 100
Grade DWeak opportunity

Confidence: MEDIUM

This two-bedroom ground floor flat presents a substantial renovation opportunity, priced attractively at £210,000, which is significantly below the local average at £413/sqf versus £515/sqf. While the property shows signs of neglect and requires a complete overhaul, this allows a new owner to fully customize the space to their taste. With well-proportioned rooms, including a living room and two bedrooms, there is a solid foundation to create an appealing home in a sought-after location near amenities and transport links.

However, the project is considerable in scale, as the entire property needs extensive work, with the kitchen and bathroom both requiring full replacements. This extensive renovation will come with a budget of £60,000 to £120,000, making it essential for buyers to plan accordingly. Despite the challenges, the low entry price provides a unique chance to add significant value through renovation, appealing to those looking to invest time and resources into a rewarding project.

Key opportunities

  • The opportunity to fully renovate and customize the interior layout to fit personal preferences.
  • Potential to improve the character of the flat by modernizing dated elements throughout.
  • Well-proportioned rooms provide a solid starting point for a stylish refurbishment.

Key risks

  • Stripped interiors and a £60,000–£120,000 works budget make this a full-gut programme, not a refresh.

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Map

Location

Watersplash Court Thamesdale, London Colney, St. Albans, AL2 1TN
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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
£793
Based on a loan of £157,500 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.

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