1-bedroom flat · AL2 2NL
Let agreedListed 49 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
One bedroom over 55s apartment, 461 sq ft, with communal gardens and residents’ parking close to the banks of the River Ver in Park Street, St Albans.
The home is arranged across approximately 461 sq ft and centres around a bright open plan living area combining kitchen and lounge space for easy, everyday use.
The double bedroom is well proportioned, complemented by a neatly presented bathroom, giving the property a clean, move in ready feel.
With a long lease and low running costs, it suits buyers prioritising simplicity and value.
Residents benefit from well kept communal gardens beside the River Ver, along with residents’ parking and convenient access to nearby amenities.
The setting offers a calm, manageable lifestyle with everything close at hand, ideal for those seeking secure, low maintenance over 55s living.
Located less than three miles from St Albans city centre, Park Street provides a useful shopping parade, two well regarded schools, How Wood station on the Abbey Line, and excellent road connections to the M25, M1 and Radlett Thameslink station.
Ai Image Notice Some marketing images for this property have been lightly enhanced using ai to improve clarity, lighting and sky tone.
All enhancements are cosmetic only and do not alter the physical appearance or layout of the home Entrance Hall Open Plan Kitchen/Living Room (4.16m x 5.46m, 13'7" x 17'10") Bedroom (3.07m x 3.94m, 10'0" x 12'11") Bathroom (2.15m x 1.92m, 7'0" x 6'3")
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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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
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FAQ
About 48, The Beeches, St Albans
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