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See how verdicts work3-bedroom semi-detached house · AL3 8HN
Sold STCReduced £45k (−5%) on 26 OctListed 383 days
Opportunity summary
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About
A spacious and beautifully appointed character cottage in a semi-rural position, with convenient access to Harpenden and the M1.
The cottage is believed to be a former coaching inn and dates back to the 1700s, offering a wealth of character features including exposed beams, parquet floors and a brick fireplace with a wood-burning stove.
The property Old River Hall has been beautifully modernised by the vendor, including knocking through the kitchen and dining room to make it open plan, full cosmetic redecoration and a new upstairs bathroom.
The layout has excellent flow, allowing full access around the house in a circle.
The inviting sitting room is an excellent size and features a wood-burning stove and a built-in media wall with shelving, cabinetry and space for a flatscreen TV.
The kitchen is attractively presented with navy painted joinery, marble-effect quartz work surfaces and an island which doubles as a breakfast bar, plus a dining space making it a great room for entertaining.
Behind the kitchen there is a good-size family room. There is also a utility room with space for laundry machines.
Upstairs there are three good-size double bedrooms, all individually appointed with their own character, and a family bathroom with a freestanding bath and a separate shower.
Old River Hall is tucked away on a quiet lane, behind a set of electric double gates which open to a spacious brick-paved driveway.
Attached to the house is a double garage which provides a wealth of storage.
The rear garden faces south and has been landscaped with a large terrace overlooking the mature trees and shrubs which add colour and interest to the outside space.
To the front there is a second terrace positioned to capture the sunlight and a number of raised planters which make up a lovely kitchen garden.
The good-size lawn is enclosed by a variety of specimen trees creating a wonderfully private outdoor space and there is a built-in trampoline.
Location Old Watling Street can be found on the eastern outskirts of the popular and pretty village of Flamstead, which is just 0.9 miles away.
The village offers many amenities, including a village shop and Post Office, a public house – The Spotted Dog, a pre-school and well-regarded junior school.
The village has a number of community clubs and activities and is home to the famous 'Scarecrow Festival'.
Harpenden is 4 miles distant and has a thriving High Street and comprehensive range of shopping facilities, including Sainsbury’s, Waitrose and a Marks & Spencer store.
It boasts an excellent selection of restaurants, coffee shops and numerous independent shops, as well as a station. The property is also in the catchment for Harpenden's excellent secondary schools.
Transport links are within easy reach and include both the M1 and M25 motorways and London Luton Airport.
The larger towns of Hemel Hempstead, Luton and St Albans are close by with mainline stations into London St Pancras and the City.
Distances Flamstead 1.2 miles Markyate 2miles M1 (Junction 9) 2.3 miles Harpenden 4.6 miles St Albans 7.2 miles Hemel Hempstead 7.3 miles London Luton Airport 5.9 miles Central London 30.2 miles Nearby Stations Harpenden Station Luton Parkway Station St Albans City Station St Albans Abbey Station Key Locations Rothamsted Park Rothamsted Manor Harpenden Common The Eric Morecambe Centre Heartwood Forest The Nickey Line St Albans Cathedral Verulamium Park Knebworth House and Gardens Stockwood Discovery Centre Whipsnade Zoo Shaws Corner (National Trust) Nearby Schools Flamstead Village School Claystone School Slip End Village School St Luke’s School Markyate Village Schools and Nursery Brookswood Primary School Wood End St Hildas School The Kings School
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
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FAQ
About Old Watling Street, Flamstead, St. Albans
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