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Wesley Road, Markyate, St Albans AL3

East of England

£335,000

Listed on 28/05/2026

Property Details

Bedrooms
2
Type
End Terrace
Area
700 sqft

Description

This charming character home presents a prime opportunity for renovation and investment. While it requires some updates, the spacious layout and attractive enclosed rear garden offer significant potential for enhancement. The front features a quaint garden with a picket fence, leading into a welcoming hallway that connects to a bright living room with a bay window and standout fireplace, alongside a dining room featuring another fireplace. The galley kitchen comes equipped with ample units, an integrated oven and hob, and an external door granting access to the garden. A utility room adjacent to the kitchen provides plumbing for laundry appliances and leads to a bathroom fitted with a classic white three-piece suite. Upstairs, two generous double bedrooms flood with natural light, ideal for reimagining into modern spaces. The side passageway runs along the property to the fully fenced rear garden, complete with lawned areas and decorative flower beds plus a timber shed for extra storage needs. Notably, there is a right of way across the garden granted to the adjoining neighbour for side access. Located in the heart of Markyate community, this home is conveniently close to local shops, pubs, and leisure facilities while providing quick access to major transport routes including the M1 motorway and nearby train stations offering rapid services into London.

Investment Analysis

(AL3 area)

Below Market Value

This property is priced -19.7% below area average per sq ft

-19.7%
Potential saving
This Property
£479/sq ft
Area Average
£596/sq ft
Avg Rent (weekly)
£487
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£459,151
10% above area average per sq ft
Potential ROI
+22.4%
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
8%
Properties sold annually

Local Market Trend (AL3)

Area prices are stable by +1.6% over the last 12 months
3 year growth: +0.9%
5 year growth: +11.9%
Investment Disclaimer: Analysis based on AL3 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

Wesley Road, Markyate, St Albans AL3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,266
Based on a loan of £251,250 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.

Stamp Duty Calculator

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