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 flat · AL1 3GW
Sold STCListed 262 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offering over 900 square feet of accommodation is this three bedroom penthouse apartment with two balconies, an underground secure car parking space, long lease of 983 years and no upper chain, all located in the Charrington Place development.
Charrington Place located within 0.3 miles of the mainline train station with direct services to central London and 0.8 miles of the city centre.
A secure communal entrance opens into a communal hallway with a lift and stairs to all floors.
The front door of the property opens into a hallway with two built-in storage cupboards and doors to rooms.
The open plan lounge/dining/kitchen features a wood floor and Plantation shutters in front of windows and sliding patio doors to a balcony with panoramic views of St Albans.
The re-fitted kitchen comprises of a range of wall and base units with worktops above and a range of integrated appliances.
The superb primary bedroom enjoys an en-suite shower room and Plantation shutters in front of sliding patio doors leading to a wrap-around balcony with views of the City.
There is a further well-proportioned bedroom, a useful study/bedroom and a separate white bathroom suite.
Lettings and Property Management We offer a complete range of services for Landlords, from fully managed lets to advertising only.
Each Landlord who chooses full management has a personal Property Manager and all our fees are based on a ‘no let - no fee’ basis. DISCLAIMER These particulars are a general guide only.
They do not form part of any contract. Services, systems and appliances have not been tested.
BUYERS INFORMATION To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers.
We use the services of a third party, Lifetime Legal, who will contact you directly at an agreed time to do this. They will need the full name, date of birth and current address of all buyers and ID.
There is a nominal charge of £80 inc VAT for this (for the transaction not per person), payable direct to Lifetime Legal.
Please note, we are unable to advertise a property or issue a memorandum of sale until the checks are complete.
CONVEYANCING Through our partners Frost's Conveyancing, we can introduce you to solicitors who specialise in conveyancing. Ask us for further information today.
MORTGAGES YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE Exclusive deals are made available to Embrace Financial Services by PRIMIS Mortgage Network, to which Embrace Financial Services are an Appointed Representative Frosts Estate Agents is an Introducer Appointed Representative of PRIMIS Mortgage Network, a trading name of First Complete Limited which is authorised and regulated by the Financial Conduct Authority for mortgages, protection insurance and general insurance products.
Embrace Financial Services Ltd. is an Appointed Representative of PRIMIS Mortgage Network, a trading name of First Complete Ltd which is authorised and regulated by the Financial Conduct Authority.
REFERRAL FEES We may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying.
We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider.
The ancillary service provider may be an associated company of Frost's.
FCQ250197/1 Valuer Quote This beautifully presented and rarely available three-bedroom penthouse is perfectly situated in the heart of St Albans, just a stone’s throw from the train station.
Recently modernised throughout, the property offers a contemporary and stylish living space, complemented by two private balconies that provide breath-taking panoramic views across the city.
An exceptional opportunity to enjoy luxury living in a prime location.
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

FAQ
About Charrington Place, St. Albans, Hertfordshire, AL1
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