2-bedroom bungalow · AL2 2QN
For saleReduced £50k (−5.6%) on 20 JunListed 219 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on a sought-after road in the heart of Park Street is this rare opportunity to acquire a substantial plot with planning permission granted for the construction of a brand new detached property.
The site is currently occupied by a two double bedroom detached bungalow which offers well-proportioned accommodation including an entrance hall, bathroom, kitchen, living/dining room and two double bedrooms.
The property sits on a generous plot with a large driveway providing off-road parking for several vehicles and a garage to the side.
A particular feature of the property is the mature and privately enclosed rear garden, which is of an excellent size and benefits from a swimming pool and attractive woodland views.
Mayflower Road is ideally located close to local shops and amenities, whilst also enjoying easy access to major motorway networks and highly regarded schools.
The vibrant city centre of St Albans, with its extensive shopping, dining and leisure facilities, is only a short car or bus journey away.
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 67A, Mayflower Road, St. Albans
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