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Tollgate Road, Colney Heath, St Albans, AL4 - Image 1
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Tollgate Road, Colney Heath, St Albans, AL4

East of England

£375,000

Listed on 23/09/2026

The listing

Property details

Bedrooms
2
Type
Terraced
Area
1191 sqft

Description

This spacious two-bedroom terraced house on Tollgate Road in the desirable village of Colney Heath presents an exciting opportunity for those looking to invest in a property with significant potential. Offered with no onward chain, the home requires a degree of refurbishment and modernisation, allowing buyers to tailor it to their personal taste and specifications. The ground floor features a welcoming entrance hall leading to a well-proportioned lounge and a generous kitchen/dining area, ideal for everyday living and entertaining. Upstairs, two good-sized double bedrooms and a family bathroom provide ample accommodation. Externally, the property boasts a substantial rear garden, perfect for gardening enthusiasts and families, along with a sizeable garage that adds further value. Located conveniently within Colney Heath, residents will enjoy easy access to local amenities, nearby towns, and transport links, making this property an attractive proposition for both families and commuters alike. This home offers a fantastic opportunity to create a personalized living space in a sought-after village location.

WHOTS analysis

Our WHOTS verdict

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

75out of 100
Grade BGood opportunity

Confidence: MEDIUM

This two-bedroom terraced house in Colney Heath presents a compelling opportunity for buyers looking to invest in a property with strong potential for value enhancement. Priced at £375,000, it stands out as exceptionally cheap compared to the local average of £596/sqf, making it an attractive acquisition for those seeking to enter this desirable market. The substantial garden space adds appeal for families and gardening enthusiasts, while the property's overall condition is dated, offering a blank canvas for modernisation to suit personal tastes.

The interior, while requiring refurbishment, is spacious and functional, featuring a well-proportioned lounge and a generous kitchen/dining area. The bathroom is in excellent condition, providing a solid foundation for the home's renovation. With an estimated renovation budget of £40,000 to £80,000, this property allows for significant improvements that can lead to a substantial increase in value, especially considering the local market dynamics. The combination of a good location and the potential for growth makes this home a worthwhile project for aspiring homeowners or investors alike.

Key opportunities

  • Substantial garden space ideal for enhancement and outdoor living.
  • Generous kitchen/dining area provides a great foundation for renovation.
  • Potential for significant value increase through modernisation.

Key risks

  • Some exterior maintenance needed may require attention.

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Map

Location

Tollgate Road, Colney Heath, St Albans, AL4
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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
£1,417
Based on a loan of £281,250 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.

Tax

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