3-bedroom flat · AL1 5GH
For saleReduced £18.5k (−3.1%) on 8 SepListed 185 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Old Electricity Works is 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 level and roof gardens.
Apartment E7 is the last remaining three bedroom apartment on this development, with 982 sq ft of accommodation, balcony and allocated parking.
* show home available to view by appointment * 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.
Please note, images are of various plots and show typical specification, so are for guidance purposes only.
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
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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.
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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
Agent & docs
FAQ
About 7, Edison House, St Albans
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