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Blake Close, St. Albans AL1 - Image 1
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Blake Close, St. Albans AL1

East of England

£775,000
Listed on 06/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1028 sqft

Description

This detached bungalow is situated in a quiet cul-de-sac, offering an excellent opportunity for renovation and potential expansion. Overlooking a central green space on the southeast side of St Albans City Centre, the property presents options for enhancement, including possible extensions to the side, rear, and even into the loft area (subject to local planning approvals). Upon entering, you are greeted by a functional hallway that connects to the main living areas. The generously sized ‘L’-shaped living room boasts both front and side windows, allowing natural light to fill the space, while a fireplace adds a cozy touch. This area seamlessly transitions into a triple-aspect dining room with double doors that lead to the rear garden—an ideal setting for indoor-outdoor living. The kitchen features an array of wall and base units, equipped with various freestanding and integrated appliances along with convenient access to outdoor spaces. The bungalow accommodates two well-sized double bedrooms. The principal bedroom overlooks the tranquil rear garden and includes fitted wardrobes and drawers for added storage convenience. The second bedroom faces the front of the property. A modern shower room enhances functionality with its walk-in shower, basin, and WC. Externally, this home benefits from a charming front garden complemented by flower bed borders and a driveway that leads to a detached garage featuring an up-and-over door, along with an attached workshop at the rear. The private rear garden presents additional outdoor space with its patio area, level lawn adorned with mature planting, and a shed for storage or gardening tools. Blake Close is ideally located near reputable schools such as Cunningham Hill and Samuel Ryder Academy. With St Albans City station just under a mile away—offering direct services to London’s St Pancras International—and various local shops nearby, this property combines residential comfort with accessibility. It is offered with no onward chain, making this an appealing option for investors or those looking to put their own stamp on a home in a sought-after location.

Investment Analysis

(AL1 area)

Above Market Value

This property is priced +21.1% above area average per sq ft

+21.1%
This Property
£754/sq ft
Area Average
£623/sq ft
Avg Rent (weekly)
£397
Avg Yield
3.9%

Renovation Potential

Est. Renovation Cost
£77,500 - £193,750
10-25% of property value
Target Value
£703,980
10% above area average per sq ft
Potential ROI
-27.3%
After renovation
Monthly Sales
17
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (AL1)

Area prices are falling by +3.2% over the last 12 months
3 year growth: -2.5%
5 year growth: 13.7%
Investment Disclaimer: Analysis based on AL1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Blake Close, St. Albans AL1
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