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Lichfield Place, St. Albans AL1 - Image 1
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Lichfield Place, St. Albans AL1

East of England

£350,000
Listed on 28/12/2025

Property Details

Bedrooms
2
Type
Flat

Description

Situated in a desirable development just 0.6 miles from St Albans City Station, this ground floor apartment offers a promising opportunity for those looking to personalize their living space. With the advantage of being chain-free, it welcomes buyers ready to infuse their own style into the property. The apartment features its own private entrance leading into a spacious living and dining area that opens directly to an outdoor space, perfect for relaxation or entertaining guests. The separate kitchen presents ample potential for refurbishment, allowing you the freedom to modernize according to your preferences. The layout includes two well-sized bedrooms, with the main bedroom featuring an en suite shower room, complemented by a family bathroom. This property is an excellent candidate for renovation and could become a truly stylish home in a sought-after location.

Investment Analysis

(AL1 area)
Area Average
£619/sq ft
Avg Rent (weekly)
£373
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (AL1)

Area prices are falling by +2.4% over the last 12 months
3 year growth: -0.6%
5 year growth: 17.9%
Investment Disclaimer: Analysis based on AL1 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

Lichfield Place, St. Albans AL1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,282
Based on a loan of £262,500 over 30 years at 4.19% 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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