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 work1-bedroom flat · AL1 5GH
For saleReduced £13k (−4%) on 8 SepListed 95 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.
Plot E22 is a one bedroom apartment with 560 sq ft of accommodation and private terrace. * show home available to view!
* Each home on this development 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 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
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FAQ
About 22, Edison House, St Albans
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