3-bedroom flat · AL1 5HT
For saleReduced £18.5k (−3.1%) on 9 SepListed 124 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available for immediate occupation! Over 70% now sold! Plot E7, a superior 3 bedroom, 2 bathroom apartment situated on the first floor with a large private balcony and allocated parking.
Welcome to Old Electricity Works, a superior, modern and brand new collection of well-connected 1,2 and 3 bedroom apartments, duplexes and 3 bedroom townhouses with stunning roof terraces surrounded by beautifully landscaped communal ground and roof gardens.
Each home has been exquisitely designed to maximise space and natural light throughout, internally finished to a superior specification with fully-integrated designer kitchens including complimentary Quartz worktops, fully-tiled bathrooms, Amtico, tiled and carpeted flooring along with fitted wardrobes to name just a few.
Each resident will benefit from the on-site concierge, spectacular residents’ gardens and remote-controlled gated vehicle entrance plus much, much more.
A select number of homes will further benefit from allocated undercroft parking and/or private garden, terrace or balcony. Located in the historic and cultural city of St.
Albans, there is much to offer with a busy high street, quaint shopping Lanes and independent shops sitting alongside The Maltings and Christopher Place shopping centres.
Town centre restaurants include The Ivy, Côte Brasserie and Lussmans as well as a generous selection of cafés, deli’s and charming pubs.
Old Electricity Works is conveniently located approximately just a 12-minute walk to St.
Albans City mainline station, where trains travel into central London in less than half an hour providing great connectivity with the capital.
* subject to T&c's Please note, images may differ from the advertised plot Living/Dining/Kitchen (5.89m x 4.94m (19'3" x 16'2")) Bedroom 1 (4.35m x 2.89m (14'3" x 9'5")) En-Suite Bedroom 2 (3.20m x 2.92m (10'5" x 9'6")) Bedroom 3 (3.16m x 3.06m (10'4" x 10'0")) Balcony (10.40m x 1.75m (34'1" x 5'8"))
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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
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FAQ
About Plot E7, Edison House, Old Electricity Works, Campfield Road, St. Albans
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