3-bedroom house · AL1 4RJ
Listing removedReduced £200k (−20%) on 30 JunListed 152 days
Opportunity summary
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About
Refurbishment/development project. Located in one of St Albans most sought after residential locations this 1930s detached house offers great scope for extension and improvement.
The house is very well placed for popular schools and access to the City Centre and mainline station.
The ground floor accommodation includes: A hallway and cloakroom, a sitting room with an open fire and large bay window while to the rear of the house there is a dining room and a kitchen.
To the first floor there are three bedrooms and a family bathroom.
'This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £9,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken.
Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional'.
Outside To the front of the property there is a block paved driveway providing parking and access to the garage.
To the rear there is a sizable garden that provides potential for extension (subject to consent).
Situation The historical city of St Albans offers a comprehensive range of shopping facilities within the city centre.
St Albans is a Roman City of great historical interest, with an abundance of restaurants, cafes and bars.
The Verulamium Park close by has approximately 100 acres of beautiful parkland and lake providing many leisure facilities. St Albans has an excellent selection of schooling both state and private.
For the commuter there is a fast one stop train link from St Albans City Station (which is also accessible along the Alban Way, a dedicated cycle route) to St Pancras International (with Eurostar direct to Brussels, Paris & Amsterdam) and directly onto the City.
There is also access from the Abbey Station from which trains go to Watford Junction where there is the fast train into Euston station (approx. 20 minutes).
The surrounding countryside provides for an abundance of leisure activities including walking, riding, numerous golf courses, leisure centres and many areas of historical interest.
Property Ref Number: Ham-65141
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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 132, Gurney Court Road, St. Albans
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