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East of England
£500,000
Listed on 05/10/2026
Listed on 05/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This semi-detached house in the desirable New Greens area of St Albans presents a compelling opportunity for buyers looking to invest in a property with significant potential. Priced at £500,000, it sits at £513 per square foot, which is 12.8% below the local average of £589 per square foot. This attractive pricing makes it a strong entry point for anyone considering a renovation project.
While the property is dated and shows signs of general wear throughout, including in the living areas, bedrooms, and the kitchen, this presents a canvas for buyers to enhance and modernize the space to their taste. The flexible layout, which includes an adaptable lean-to that could serve as a playroom or home office, offers various possibilities for reconfiguration and improvement. With renovations estimated between £50,000 and £100,000, there is ample scope for buyers to add value and create a home that meets modern standards. This property is well-positioned for growth, making it an appealing option for families and commuters alike.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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
Indicative tax based on the asking price and the options you select.
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