1-bedroom flat · AL2 2LJ
Listing removedListed 483 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroom ground floor apartment on the southern side of the City centre within this select development of just twelve properties with parking and the benefit of its own garage.
The development which is laid out in a courtyard style also offers a pleasant communal garden to the rear.
In our opinion this property would make an ideal first time purchase or investment opportunity with a monthly rental income of £1200.
A one bedroom ground floor apartment on the southern side of the City centre within this select development of just twelve properties with parking and the benefit of its own garage.
The development which is laid out in a courtyard style also offers a pleasant communal garden to the rear.
In our opinion this property would make an ideal first time purchase or investment opportunity with a monthly rental income of £1200.
Entrance Part glazed front door leading to:- Living Room Double glazed window to front. Radiator. Wood effect flooring. Storage cupboard.
Inner Hallway Airing cupboard housing a newly installed combination boiler. Wood effect flooring. Doors to:- Kitchen A modern range of wall and base mounted units with roll top work surface.
Inset stainless steel sink unit with mixer tap and tiled splash backs. Space for cooker and fridge/freezer. Plumbing and space for washing machine. Double glazed window to rear. Radiator.
Wood effect flooring. Bedroom Double glazed window to rear. Radiator. Carpet flooring. Bedroom A white bathroom suite comprising: Panelled bath with Thermostatic shower over. Vanity wash hand basin.
WC. Fully tiled. Extractor fan. Heated towel rail. Garage A full size garage with metal up and over door.
Communal Garden Well maintained area to the front of the properties with a communal lawned garden area to rear. Lease 125 years from 1 January 1984. 82 years remaining. Maintenance £1,112 per annum.
Ground Rent £75 per annum.
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 2, Albany Mews, St Albans
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