St Albans’ most expensive house drops in price to £5m

The spacious kitchen/breakfast room leads out to the back garden (Image: Archant)

53 The Park was first listed for sale with an asking price of £6m back in June.

And while there’s been a massive amount of interest in the property – which boasts seven bedrooms, eight bathrooms, a cinema room, a steam room and a yoga/pilates studio – a buyer has yet to be found.

Steps from the granite patio area lead up to the rear garden (Image: Archant)

Selling agent Stuart Cassidy, of Cassidy & Tate, said: “The owner is a businessman and he can see the market has slowed down. He thought he would show that he is being proactive by amending the price down to £5m.

“What an amazing price reduction. Hopefully this will make a difference.”

The hydraulic car lift in action (Image: Archant)

Cassidy & Tate decided to show off a couple of the property’s most unique features – its hydraulic car lift and huge basement garage – by organising a photo shoot with a fleet of prestige cars.

“We thought the public would appreciate that more than just an empty room,” Stuart said.

The basement garage can easily accommodate four snazzy motors (Image: Archant)

The huge garage is one of the property's stand-out features (Image: Archant)