Cassidy & Tate says ..
Planning granted for a pair of semi-detached properties in the heart of St Albans City. Since the early 1980s this property has remained under the same ownership and over the years it has been used for a number of different commercial purposes, the property has most recently been converted i...
Property Oracle says ..
This property on Albion Road, St Albans presents a unique opportunity for redevelopment. Currently, it appears to be a bungalow in need of significant updating or complete demolition and rebuilding. The site is relatively small, but offers some potential for expansion. The location is a significant strength; St Albans is a highly sought-after area with excellent schools, transport connections (close proximity to St Albans City train station), and amenities. However, the provided aerial photographs reveal the property’s current condition is in need of renovation. The list price of £500,000 appears to be reflective of both its location and the opportunity to redevelop the site. Further investigation is strongly recommended, including detailed structural surveys and a full property inspection, before making an offer. The plans illustrate the potential to create two semi-detached houses, with the final product and resultant valuation subject to planning permission and build costs. Potential buyers should ensure thorough due diligence into local planning regulations and engage with planning departments before commitment.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 4
- Location
- 7
- Land
- 5
- Bedrooms
- 0
- Bathrooms
- 0
- Sqft (est)
- 645.83
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The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 793,999.00 £Increased by 0.18 %
- Est sale value
- 532,809.75 £Increased by 25.38 %
- Average area rental value
- 1,689.00 £/moDecreased by 9.63 %
- Est letting value
- 645.83 £/moUnchanged by 0.00 %
- Est rental Yield
- 2.55 %Decreased by 9.89 %
- Crime Rate
- 6.00 %Unchanged by 0.00 %
Agent Activity
Cassidy & Tate marked this listing as sold.
Cassidy & Tate created the listing.
Nearby Schools
Name | Type | Ofsted | Distance |
---|---|---|---|
St Alban & St Stephen Catholic Primary School & Nursery | Voluntary Aided School | Outstanding | 0.20 KM |
Fleetville Junior School | Academy Converter | 0.79 KM | |
Verulam School | Academy Converter | Good | 0.82 KM |
Sa8 Fleetville Family Centre | Children's Centre | 0.82 KM | |
Loreto College | Academy Converter | Outstanding | 0.89 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
London Road | £ 1,000,000 | 0 | 0.00 KM |
Cranmore Court | £ 250,000 | 0 | 0.00 KM |
St Peter's Road | £ 550,000 | 0 | 0.00 KM |
Avenue Road | £ 417,500 | 0 | 0.00 KM |
Marshals Court | £ 525,000 | 0 | 0.00 KM |
Nearby Transport
Name | NLC | TLC | Distance |
---|---|---|---|
St Albans City | 1548 | SAC | 0.64 KM |
St Albans Abbey | 1562 | SAA | 2.39 KM |
Park Street | 1561 | PKT | 3.47 KM |
How Wood (Hertfordshire) | 1563 | HWW | 4.45 KM |
Bricket Wood | 1560 | BWO | 6.51 KM |
Nearby Listings
Address | Price | Type | Score | Distance |
---|---|---|---|---|
Albion Road, St. Albans | £ 500,000 | BUY | 5 / 10 | 0.00 KM |
Albion Road, St. Albans, Hertfordshire, AL1 | £ 800,000 | BUY | 6 / 10 | 0.02 KM |
Albion Road, St. Albans, Hertfordshire, AL1 | £ 750,000 | BUY | 6 / 10 | 0.03 KM |
Albion Road, St. Albans | £ 535,000 | BUY | Unknown | 0.07 KM |
Cavendish Road, St. Albans | £ 570,000 | BUY | 6 / 10 | 0.07 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
13 Albion Road | £ 580,000 | 0.03 KM |
3 Albion Road | £ 360,000 | 0.03 KM |
21a Albion Road | £ 702,000 | 0.03 KM |
7 Albion Road | £ 515,000 | 0.03 KM |
49 Albion Road | £ 901,000 | 0.03 KM |