We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom bungalow · AL3 4BB
Listing removedListed 113 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set on an excellent plot in the popular St.
Stephens area, this detached two bedroom bungalow offers excellent potential for refurbishment or redevelopment subject to the usual consents, with plenty of local precedent to illustrate what might be possible.
The property is set back from the pavement with a lawned front garden and a block paved driveway providing off-street parking for several cars.
The front door opens into a spacious entrance hall and this gives access to the two double bedrooms, both of which have bay windows and fitted storage.
There is a sizeable open-plan reception room to the rear of the property with a large low-silled window giving lovely views of the garden.
The kitchen is well planned, with plenty of storage and space for a dining table and chairs and there is a separate utility area with a door giving access to the garden.
There is a shower room off the hall as well as a separate WC and to the other side of the bungalow there is a single garage with a workshop behind.
The south-facing rear garden is an impressive feature and has a large lawn with a number of mature trees and shrubs to the boundaries.
Midway is located in the St Stephens area, to the south-west of St Albans and is within walking distance of the city centre.
Verulamium Park and Waitrose are close by and there are several well regarded schools within easy reach.
Buyers Information: In compliance with the UK's Anti Money Laundering (aml) regulations, we are required to confirm the identity of all prospective buyers at the point of an offer being accepted and use a third party, Identity Verification System to do so.
There is a nominal charge of £48 (per person) including VAT for this service. For more information, please refer to the terms and conditions section of our website.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
.png)
FAQ
About 59, Midway, St. Albans
Explore nearby