2-bedroom flat · AL2 3UW
For saleReduced £5k (−1.7%) on 3 OctListed 259 days
Opportunity summary
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About
A fantastic two-bedroom first-floor apartment set within a modern, well-maintained development, offering a blend of contemporary living and convenience.
Perfectly positioned for access to major road networks, including the M1, this property is ideal for commuters, professionals, or those seeking a stylish, low-maintenance home.
Inside, the apartment is bright and spacious throughout, featuring two generous double bedrooms, a welcoming lounge that provides a comfortable and versatile living space, and a modern fitted kitchen with sleek cabinetry and integrated appliances.
The family bathroom is thoughtfully designed with quality fixtures, while the property also benefits from ample storage, making it practical as well as stylish.
Externally, residents enjoy attractive communal grounds, providing a pleasant setting for outdoor relaxation, and secure allocated parking, offering convenience and peace of mind.
This apartment represents a fantastic opportunity for first-time buyers, downsizers, or investors, offering a modern lifestyle in a convenient and highly desirable location.
Lease Length 106 years Service Charge £2160 Ground Rent £250 Bricket Wood Location Bricket Wood is a vibrant Hertfordshire village that perfectly balances community living with easy access to nearby towns and London.
The village offers a variety of local shops and pubs, along with essential amenities such as schools, near by leisure facilities, and healthcare services.
Nestled close to beautiful woodlands and open green spaces, Bricket Wood is ideal for those who enjoy outdoor activities, from countryside walks to cycling and family-friendly recreation.
Watford Junction, Radlett Station, and St Albans Thameslink stations provide fast rail links into London, while road connections via the M25, M1, and A41 make travel across Hertfordshire and beyond straightforward.
With its welcoming community, regular local events, and convenient access to larger neighbouring towns, Bricket Wood remains a popular choice for buyers seeking village charm alongside modern-day connectivity.
BC0270
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 Gateway Court, 4,Flat 5, The Uplands, St. Albans
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