1-bedroom flat · AL2 2NL
Sold STCReduced £5k (−3.4%) on 25 JunListed 243 days
Opportunity summary
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About
Set within beautifully maintained communal grounds, this spacious open-plan first floor retirement apartment offers comfortable, low maintenance living exclusively for the over‐55s.
Overlooking the tranquil surroundings near the River Ver, the property provides a calm and welcoming environment ideal for a relaxed lifestyle.
Perfectly positioned in the heart of Park Street, residents benefit from easy access to local shops, bus routes, and train links into St Albans, ensuring excellent connectivity while still enjoying the peace and convenience of this friendly community.
The Property: Thoughtfully arranged across approximately 461 sq ft, the apartment centres around a bright open‐plan living area, where the kitchen and lounge come together to create a sociable, relaxed space for everyday life.
The double bedroom is generously sized, complemented by a neatly presented bathroom, giving the home a move‐in‐ready feel for anyone looking to settle quickly and enjoy their new surroundings.
One of the development’s standout features is its beautifully kept communal gardens, which sit alongside the gentle flow of the River Ver.
It’s a peaceful setting that invites morning strolls, quiet reading spots, and moments of calm throughout the day.
With local shops and amenities close at hand, residents parking, and excellent road connections, this charming home offers a reassuring blend of convenience and tranquillity.
It’s an ideal choice for those seeking a relaxed, community minded environment with everything needed for an easy, enjoyable way of life.
The Location: The property is less than three miles from St Albans City centre, and in convenient reach of all the village’s excellent local amenities, including a comprehensive shopping parade, two good junior/infant schools, How Wood station on the Abbey line connecting St Albans Abbey and Watford Junction, as well as easy access to the M25/M1 and the Thameslink station in Radlett.
Accommodation: Kitchen/Living Room: 5.46m x 4.16m (17’11” x 13’8”) Double Bedroom: 3.94m x 3.67m (12’11” x 10’1”) Bathroom: 2.15m x 1.92m (7’1”” x 6’4”) Property Information: Property Tenure: Leasehold Lease Term: 189 years from 1 January 1986 Service Charge: £1,369.68 (tbc) Ground Rent: £120 (tbc) Local Council: St Albans City & District Council Tax Band: (B) £1,823.43 per year 2025/26 Energy Performance Rating: C Local Area Information: Local Cllr Paul De Kort (Liberal Democrat) St Albans mp Daisy Cooper (Liberal Democrat) County Council: Hertfordshire Local Parish Council: St Stephens Parish Chairman: Robert Donald (Liberal Democrat) Local Crime Rating 3/10 (Low) Disclaimer: As always buyers are advised to gain verification from their surveyor/solicitor during the conveyancing process.
While every care and effort has been made to ensure these details are correct their accuracy can not be guaranteed and so should not form part of any contract
Value & comps
No previous sales on record.
Returns
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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 48, The Beeches, St. Albans
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