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See how verdicts work2-bedroom house · AL3 5LB
Listing removedListed 160 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Entrance hall | Entrance lobby | Sitting/dining room | Kitchen/breakfast room | Two double bedrooms | Bath/shower room | Laundry/utility area | Allocated parking space | Communal outside area | Tenure - Leasehold The Property An exciting duplex apartment, forming part of a period conversion of a former Victorian laundry.
It is situated in the heart of the conservation area within very easy reach of the city centre, mainline station and extensive local amenities.
Arranged over two of the upper floors of the building, it enjoys south-facing views down West View Road to the front, while to the rear is a pleasant, shared residents' outside area and an allocated parking space, a rare luxury in such a central location.
Internally, it benefits from light and airy accommodation on two main levels, with the lower floor providing open plan living, dining and kitchen facilities, one of the two double bedrooms, and a stylishly appointed bathroom with a separate laundry area.
A spiral staircase leads to the principal bedroom, which has been greatly improved in recent years and features a main sleeping area, a dressing area, home office area and plenty of integrated storage that cleverly optimizes the space.
Outside The property sits behind an impressive Victorian warehouse style front elevation, with wide pedestrian access from the front and rear to the main entrance located on the side of the building.
At the rear of the building is communal outdoor area, laid to hard paving, and adjacent to an enclosed parking area where there is an allocated parking space for one car, vehicular access leads to Folly Avenue at the rear.
Location A popular and convenient central conservation area location, within easy reach of the city centre and both stations. General Tenure - Leasehold. 95 years remaining. 125 years from 1996.
Service Charge - £1,400.00. p.a. Twice yearly payment of £700.00 Service Charge Review Period - TBC Ground Rent - £150.00. p.a. Ground Rent Review Period - N.A.
Fixed Services - Mains water, drainage, gas & electricity EPC Rating - C Council Tax - Band D - £2,368.36 p.a.
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 Ashwell Street, St. Albans, Hertfordshire, AL3
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