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2 Cranbrook Drive, St. Albans AL4 - Image 1
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2 Cranbrook Drive, St. Albans AL4

East of England

£250,000
Listed on 11/12/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
788 sqft

Description

This two-bedroom upper floor maisonette presents a promising opportunity in the sought-after St Albans area, ideal for those looking to invest in a renovation project. Spanning approximately 73.2 sq. m (788 sq. ft), the property is accessible through its own private entrance leading to a staircase that ascends to the living space. The layout includes a spacious lounge/dining area that benefits from good natural light and an adjacent kitchen accessed from the landing. Both bedrooms are generously sized, allowing for double beds, complemented by a bathroom and an internal storage cupboard for added convenience. The external aspect features a private garden, which enhances its appeal and allows for potential landscaping or outdoor enhancements. Internally, the property is in need of full modernisation, offering a blank canvas suitable for investors or homeowners eager to create their ideal living space, contingent upon necessary consents. Located on Cranbrook Drive, this maisonette enjoys proximity to local shops and amenities while being conveniently close to parks and well-regarded schools, making it attractive for families. Additionally, transport links including local bus routes and mainline stations provide easy access into London and surrounding areas.

Investment Analysis

(AL4 area)

Below Market Value

This property is priced -46.6% below area average per sq ft

-46.6%
Potential saving
This Property
£317/sq ft
Area Average
£594/sq ft
Avg Rent (weekly)
£411
Avg Yield
3.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£515,139
10% above area average per sq ft
Potential ROI
+77.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
33%
Properties sold annually

Local Market Trend (AL4)

Area prices are stable by +0.2% over the last 12 months
3 year growth: 0.0%
5 year growth: +17.3%
Investment Disclaimer: Analysis based on AL4 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

2 Cranbrook Drive, St. Albans AL4
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£902
Based on a loan of £187,500 over 30 years at 4.06% 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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