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 work3-bedroom house · AL4 0HG
For saleReduced £25k (−2.7%) on 29 SepListed 111 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Forge Cottage is a delightful period home that offers elevations of white render and painted timber cladding, while inside there are exposed beams, brick-built fireplaces, and various other attractive features.
The main reception room is the impressive 27ft sitting room, with its wooden flooring, fireplace fitted with a woodburning stove and ceiling and vertical timber beams.
The room offers space for two distinct sitting areas, or a sitting area and a family dining table, while there is also an adjoining formal dining room with terracotta tiled flooring and French doors opening to the gardens.
Additionally on the ground-floor, the kitchen is fitted with wooden units to base and wall level, as well as an integrated oven, induction hob, and extractor hood, while the utility room provides further space for home appliances.
Upstairs, the open landing area leads to three well-presented bedrooms, all of which have understated, neutral styling. The first floor also has a family bathroom with a bathtub and a separate shower.
Additional accommodation is available in the separate annexe, which is ideal as an office space, but could be converted to a studio apartment if necessary.
It includes a large dual-aspect room with a modern kitchenette.
Outside there are southeast-facing gardens, which are enclosed and sheltered by mature trees and tall hedgerows for a sense of peace and privacy.
The tarmac driveway provides access and parking space in front of the annexe, while the gardens include an area of lawn and a sunny patio for al fresco dining.
At the side there is a separate meadow area with a greenhouse and a storage shed, which could be ideal for use as a kitchen garden.
The property is situated in a peaceful and convenient location in Smallford, four miles east of St.
Albans’ city centre and close to Hatfield, meaning there are a wealth of amenities in proximity, including shopping and leisure activities. St.
Albans City mainline station, with its fast through services via St Pancras International to the City (19 mins), Gatwick and beyond, is also nearby.
Road users enjoy easy access to the M1, M25 and the A1(M) and to the airports at Heathrow, Luton, and Stansted.
Excellent state and public schools are within easy reach, as are the public parks at the Wick and Bernards Heath as well as extensive local amenities at the Quadrant in Marshalswick.
Postcode region: AL4
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 Forge Cottage,, Wilkins Green, St. Albans
Explore nearby