3-bedroom house · AL3 5LY
Listing removedReduced £35k (−4.4%) on 10 AugListed 154 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious, well-presented three bedroom period cottage, benefiting from a wonderful garden room, situated in the highly sought-after ‘Garden Fields’ conservation area, within a short walk of the city centre, mainline station, and excellent local schools.
This extended character home, offers beautifully presented accommodation throughout to include an entrance hallway, large open-plan living/dining room, a large kitchen breakfast room, ground floor W.C, three good-sized bedrooms and a first-floor bathroom.
Further benefits include a large front to back cellar providing excellent storage, plus a useful loft area accessed via a pull-down ladder in the main bedroom.
To the rear is a well-kept garden leading to a spacious garden room.
Grange Street is situated in St Albans city centre, within walking distance of mainline station, with its fast through services via St Pancras International (approx.
19 mins) to the City, Gatwick and beyond. Road users enjoy easy access to the M1, M25 and A1(M) and to airports at Heathrow, Luton and Stansted.
Additional Information: The property was underpinned in 2001. Certification for the works available.
Value & comps
No previous sales on record.
Returns
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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 54, Grange Street, Hertfordshire
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