We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom flat · AL1 3GW
Listing removedListed 261 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A bright and stylish 2-3 bedroom penthouse apartment with two balconies, an underground secure car parking space, long lease of 983 years and no upper chain, all located in the superbly positioned Charrington Place development.
A secure communal entrance opens into an attractively presented communal hallway with a lift and stairs to all floors.
The front door of the property opens into a welcoming hallway with two built-in storage cupboards and doors to rooms.
The supremely spacious and sociable lounge/dining/kitchen features a wood floor and Plantation shutters in front of windows and sliding patio doors to a balcony with far reaching views.
The modern kitted kitchen comprises of a range of wall and base units with worktops above and a range of integrated appliances.
The superb master bedroom enjoys a quality en-suite shower room and Plantation shutters in front of sliding patio doors leading to a wrap-around balcony with views of the City.
There is a further well-proportioned bedroom, a useful study/child’s room, and a separate white bathroom suite.
Charrington Place is wonderfully positioned within 5 minutes’ walk of the mainline train station to St Pancras International.
There's easy access to an Imed Pharmacy, InPost locker service and Sainsbury local and a range of local shops, restaurants and services close by and St Albans thriving city centre is within a 10-minute walk.
Accommodation Entrance Hall Lounge/Kitchen/Dining Room (6.35m x 5.23m (20'10 x 17'2)) Balcony Bedroom (3.94m x 3.05m (12'11 x 10'0)) Balcony En-Suite Bedroom (3.91m x 2.64m (12'10 x 8'8)) Study/Child's Room (2.36m x 2.16m (7'9 x 7'1)) Bathroom Leasehold - 983 Years Remaining Service Charge - £2,200 Pa Ground Rent - £456.74 Pa Underground Parking Fee - £250 Pa
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
.png)
FAQ
About 36 Nero House, Charrington Place, St. Albans
Explore nearby