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See how verdicts work2-bedroom flat · AL1 1QW
Sold STCListed 271 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in a peaceful city centre CUL-DE-SAC and offered for sale with the added advantage of NO UPPER CHAIN is this TOP FLOOR, two-bedroom apartment forming part of a purpose-built residential development.
The accommodation comprises of two well-proportioned bedrooms, family bathroom, dual aspect living/dining area and separate kitchen.
The property has the added benefit of an ALLOCATED PARKING for one car. The property is ideally located within walking distance of the mainline station making it ideal for a busy London commuter.
There's an excellent selection of amenities nearby to include the Odyssey art deco cinema, independent restaurants and coffee shops.
For those seeking a more tranquil pace of life, there's the wonderful Watercrest Nature Reserve on Riverside Road. The property has the added benefit of allocated parking for one car.
This type of property is proven popular with both first-time buyers and buyer-to-let investors.
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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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 Millers Rise, St. Albans, Hertfordshire, AL1
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