1-bedroom flat · AL2 1FU
Listing removedListed 56 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within a desirable modern development, this beautifully presented one-bedroom ground floor apartment was originally the show home, offering a stylish, low-maintenance residence designed around easy everyday living.
Built in 2024, the property still has just under eight years remaining on its new-build warranty, offering added reassurance for the years ahead.
Tucked away in a quiet cul-de-sac, it’s just a few minutes’ walk from the high street. The location is ideal for those looking to combine convenience with a relaxed lifestyle.
Highly regarded schools are within walking distance, while M&S and Sainsbury’s are close by for the everyday essentials.
There is also a great choice of restaurants, cafés, gyms and leisure facilities nearby, making it easy to fit work, exercise, coffee stops and weekends out around your day.
For nature lovers, Albans Lakes are within an easy walk.
For commuters, motorway links are readily accessible, while the historic centre of St Albans, with its independent shops, restaurants, bars and cultural attractions, is just a short drive away.
Inside, a welcoming entrance hallway provides excellent built-in storage, including a useful utility cupboard with space for a separate washing machine and tumble dryer, cleverly keeping appliance noise tucked away from the living spaces.
The open-plan kitchen, dining and lounge area creates a bright and sociable setting, equally suited to a quiet evening at home or entertaining friends.
The modern kitchen has been thoughtfully incorporated into the open-plan layout, keeping the whole space feeling connected and easy to enjoy.
Wide French doors open directly onto the private terrace, bringing plenty of natural light into the room and creating a natural extension of the living space.
Whether it is morning coffee in the fresh air and sunshine, a relaxed weekend brunch or drinks with friends on a summer evening, the terrace adds another dimension to the home.
Spanning over 18ft, the spacious bedroom is a comfortable retreat with space for ample storage, helping to keep the room calm and uncluttered.
A contemporary family bathroom completes the accommodation and continues the property's clean, modern feel.
Outside, the private terrace is easy to maintain and ready to enjoy throughout the seasons, while the well-kept communal areas provide an attractive setting around the property.
With its modern finish, excellent storage, private outdoor space, allocated parking and convenient setting, this is a home that makes everyday life feel straightforward.
It offers the space to relax, entertain and enjoy your surroundings, while keeping the practicalities of modern living close at hand.
Allocated parking with ample visitor spaces adds another practical benefit, particularly for those with a busy lifestyle.
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 20 The Approach,, Perham Way, St Albans
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