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See how verdicts work2-bedroom flat · AL3 8NY
Listing removedReduced £35k (−12.7%) on 20 JunListed 495 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious ground floor flat in a purpose built development close to local amenities.
Description Saddlers Mews is a two bedroom, ground floor apartment, perfectly located for the village high street and transport connections of Markyate.
Saddlers Mews is a small two storey development with communal gardens and residents parking to the rear, where this property has one allocated parking space.
Access to the property is by security entry phone to the block and then staircase to first floor.
The property has a hallway, a bright sitting room with a square arch that leads through to the kitchen. There is a double bedroom and a bathroom with an airing cupboard.
Offered for sale with no upper chain, this will suit buyers looking to move quickly or wishing to purchase for investment. Please note, the photos are over 6 months old.
Location Approximate mileages: Harpenden 6.5 miles – mainline station to St Pancras International from 27 minutes, London Luton Airport and Luton Parkway Station 6.6 miles, M1 junction 9 2.2 miles, St Albans 8.5 miles.
An area rich in colourful history, Markyate is a delightful Hertfordshire village with a thriving community enjoying local conveniences such as pubs and day to day shops and post office.
Education is well provided for with a local village school and nursery. The highly regarded Beechwood Park preparatory school is located just 2.3 miles away.
There are a multitude of leisure facilities close at hand with numerous country walks and bridle paths, a great choice of golf clubs at Harpenden and Redbourn and a branch of David Lloyd Health Club is at the nearby Capability Green.
And there are additional sports facilities available in Harpenden at Rothamstead.
For larger shops including Waitrose, Marks and Spencer Simply Food and Sainsburys, Harpenden is 6.2 miles away, whilst the City of St Albans is 8.5 miles distant.
Square Footage: 649 sq ft Leasehold with approximately 962 years remaining.
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
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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 8,, Saddlers Mews, St. Albans
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