1-bedroom flat · AL1 3AJ
To rentListed 5 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Just a Stone's Throw from the City Station! Perfect for a city commuter looking for a station location which is quick and easy!
This light and bright one double bedroom ground floor flat, is situated in a small court of only 6 units and located in a quiet cul de sac just 2 minutes walk to the St Albans City Station.
Just off Victoria Street, the walk into the high street is an easy 10 minutes. This flat with its own entrance, offers carpeted lounge and dining area with double frontage windows.
There is also a storage cupboard in the passage.
The kitchen has been fitted to a high spec providing good storage and includes a full house of white goods offering an electric hob, oven and cooker hood and washing machine.
Fridge and freezer are also provided. One spacious carpeted double bedroom, with rear aspect. The adjacent bathroom suite includes a bath with shower over, wash basin and toilet.
The property has gas central heating, double glazed windows and window treatments throughout. There is a rear communal garden area and council street permit parking is available.
The property is offered unfurnished and is available early December. Call Martin & Co St Albans on or enquire online to arrange a viewing.
LIVING ROOM 11' 5" x 10' 9" (3.5m x 3.3m) BEDROOM 8' 2" x 10' 9" (2.5m x 3.3m)
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Ridgmont Road
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