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See how verdicts work2-bedroom flat · AL1 1HA
Sold STCReduced £25k (−6.3%) on 26 OctListed 155 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Entrance hall | Sitting/dining room | Kitchen/breakfast room | 2 Double bedrooms | Bathroom | Communal gardens | No onward chain | Tenure - Leasehold 162 years remaining The Property A spacious centrally located ground floor apartment with two double bedrooms situated within easy reach of the city centre, both stations, the Abbey and Verulamium Park & Lakes.
This light, bright, spacious apartment has well-presented accommodation that includes an entrance hall, two double bedrooms and a modern bath/shower room, while a generous reception room provides living and dining space, and a separate, well-proportioned kitchen/breakfast room completes the picture.
The property benefits from high ceilings, gas fired central heating to radiators, plenty of storage with fitted cupboards and wardrobes and large double-glazed windows that provide some lovely views over some of the prettiest street scenes in St Albans.
Outside Well-presented communal gardens with brick-built boundary walls and areas of planting surround this small development of just six apartments and two maisonettes.
A gated footpath leads to the main entrance to the building. A security entry system provides access to a generous communal entrance hall which leads to the front door to this apartment.
A rear entrance also provides shared pedestrian access and leads to a small area of shared parking with vehicular access from Albert Street.
The exterior of the entire building has recently been the subject of a comprehensive refurbishment.
Location Situated within easy reach of the city centre, both stations, the Abbey, Verulamium Park & Lakes, well regarded schools and Westminster Lodge General Tenure - Leasehold - 162 yrs remaining (21.12.2019 to 24.03.2188) Service charge - £2,592.20 (Including Buildings Insurance) 2 x 6 monthly payments of £1,296.10 Service charge review period - annual Ground rent - £150.00 p.a.
Ground rent review period - fixed for the life of the lease. EPC rating - D Council tax band - C £2,105.21 p.a.
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
FAQ
About Holywell Hill, St. Albans, Hertfordshire, AL1
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