2-bedroom flat
To rentListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This apartment is very close to the station, local shops, amenities and St Albans city centre - perfect for commuters with a fast, frequent train service to London St Pancras from St Albans city station.
Two bedroom apartment within sought after Charrington Place development Open plan kitchen/living area Fitted kitchen with integrated stainless steel oven, hob and cooker hood, washing machine and fridge freezer Two large double bedrooms Family bathroom with over bath shower and screen Entry phone system Electric central heating Lift (3rd floor flat) Walking distance to train station The property will have the right to apply for a permit from the managing agents to park one vehicle in a surface area parking space marked Ellis House on the development, on a first come, first served basis.
Pets are not permitted. Viewings strictly by appointment only.
For all Rent for Less homes, applicants must be assessed by the regions Help to Buy agent, Help to Buy East and South East () and meet the following criteria: Your total household income must be less than £80,000 In addition you must be unable to afford to buy a suitable property on the open market without assistance You cannot be an existing homeowner Hightown Homes has further eligibility criteria that need to be met: Applicants must be able to afford 80% of the local market rent without further assistance e.g.
Housing benefit (an assessment will be carried out to establish your affordability) Applicants should make a commitment to enter home ownership through low cost home ownership products in the short to medium term (within five years) and be able to demonstrate how the discounted rent will enable them to save a deposit Potential applicants with a local connection will be given priority
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 Ellis House, Charrington Place, St Albans, Hertfordshire
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