2-bedroom house · AL3 5EG
Listing removedListed 84 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on this picturesque and much sought-after road, this stylish cottage is enviably located and offers a modern and contemporary style while still retaining the charm of a period property.
The smart open-plan kitchen with breakfast bar, high gloss wall and base units is finished with dark stone work-tops. Appliances include electric oven and hob, dishwasher and washer/dryer.
The kitchen has a hatch in the floor that opens to reveal the cellar, ideal for additional storage.
The living area enjoys the view to the courtyard garden through large windows and French patio doors.
The garden is low maintenance due to the artificial lawn and benefits from a sheltered position, ideal for outside dining and relaxing.
To the first floor, there are two bedrooms; the larger of the two boasting fitted, built-in wardrobes.
The contemporary bathroom is finished with oversized wall tiling and chrome finishings and there is a back light vanity unit for storage and a bathtub with shower over.
Spencer Street is enviably located in the heart of central St Albans being equidistant of both St Albans mainline station with regular trains into London St Pancras and the Abbey Station making this an ideal proposition for a busy London commuter.
The abundance of shops, bars, cafes and restaurants are on your doorstep.
Spencer Street is enviably located in the heart of central St Albans being equidistant of both St Albans mainline station with regular trains into London St Pancras and the Abbey Station making this an ideal proposition for a busy London commuter.
The abundance of shops, bars, cafes and restaurants are on your doorstep. Council Tax Band: Council Tax Payable: £2,368.36 Holding Deposit: £484.62 Total Deposit: £2,423.07
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 16, Spencer Street, Hertfordshire
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