3-bedroom terraced house · AL3 5JS
Sold STCListed 121 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A FOUR STOREY period terraced property in need of refurbishment located in the CONSERVATION AREA of central St Albans and being sold with NO ONWARD CHAIN.
The accommodation spans over four floors and currently is arranged to offer two reception rooms and a fitted kitchen.
There are stairs leading down to a basement which is currently being used for storage.
To the first floor, there are two good sized bedrooms on the second floor, there are stairs leading to a loft room and family bathroom.
Externally, the property benefits from a garden, mainly lad to lawn with shrubs and there is an outside cloakroom.
The property does require refurbishment and offers a buyer a wonderful opportunity to create a fantastic period home in St. Albans City Centre. EPC Rating: E 51 Council Tax Band: D
Value & comps
No previous sales on record.
Returns
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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 Cannon Street, St. Albans, Hertfordshire, AL3
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