Spooners Drive, Park Street, St. Albans, Hertfordshire, AL2
East of England
£550,000
Listed on 22/10/2026
Listed on 22/10/2026
The listing
Property details
Bedrooms
2Type
BungalowArea
1163 sqftFeatures
- Parking
Description
This two-bedroom bungalow in Park Street sits on a plot described as approximately 0.15 acres. The listing notes a private driveway with off-street parking and walking distance to How Wood railway station. The property is presented as having scope for extension or further development, subject to the necessary planning permissions and other consents. It may suit buyers considering a home to update or a project, with any development potential requiring independent investigation.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
62out of 100
Grade CPotential opportunity
Confidence: MEDIUM
At £550,000, this bungalow is priced at about £473 per sq ft, around 8% below the local average—a useful entry-price advantage for a buyer looking to improve it. The photographed rooms are usable but dated, giving scope for a light cosmetic refresh, while the timber-effect kitchen is a particularly clear place to modernise. The maintained garden, driveway and garage add to the appeal, and the generous plot offers possible extension or further-development potential, subject to permissions and feasibility.
Key opportunities
- Refresh dated finishes across the photographed living spaces and bedrooms without starting from an obvious full-refurb baseline.
- Modernise the older-style fitted kitchen as part of a cosmetic update.
- Make the most of the maintained garden, patio, driveway and generous plot; the listing also cites extension or further-development potential, subject to permissions and feasibility.
Key risks
None recorded.
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Finance
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£2,078
Based on a loan of £412,500 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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