Space Estates says ..

Property Oracle says ..

This listing is for a small car park located in a central St Albans location on London Road. The property consists of approximately six parking spaces with access from London Road. The location is highly desirable due to its proximity to St Albans city centre, with easy access to the main railway station, local shops, restaurants, and several well-regarded schools. The car park itself is functional, but the landscaping could benefit from some attention. There’s no additional land beyond the parking area. Given the limited size and lack of any building or residential components, the price of £90,000 reflects the value of land in this prime city-center location. Potential buyers should consider factors such as leasehold information, ongoing maintenance costs, and the potential for future development if considering purchasing this property. Compared to the prices of nearby apartments and houses the price of this land is comparatively lower and the price per sqft cannot be determined due to the property having 0 sqft.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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