2-bedroom terraced house · AL4 0SU
Listing removedListed 317 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent opportunity to acquire this two-bedroom upper floor maisonette situated in a popular residential area of St Albans, offered to the market requiring full modernisation and presenting significant scope for improvement.
The accommodation extends to approximately 73.2 sq. m (788 sq. ft) and is accessed via a private ground floor entrance and hallway, with stairs leading to the first floor.
The property features a spacious lounge/dining room, offering generous proportions and good natural light, alongside a separate kitchen accessed from the landing.
There are two well-proportioned bedrooms, both capable of accommodating double beds, together with a bathroom and a useful internal storage cupboard, enhancing the practicality of the layout.
Externally, the property benefits from a private garden, a particularly desirable feature for an upper floor maisonette and offering excellent potential for landscaping or outdoor use.
Internally, the property is dated throughout and would benefit from a comprehensive refurbishment, making it well suited to investors, developers or owner-occupiers seeking a project, subject to the necessary consents.
Lease This is a leasehold property with 82 years remaining.
Location Cranbrook Drive is a well-established residential location within St Albans, conveniently positioned for a range of local shops and everyday amenities, with further leisure, retail and dining options available in St Albans city centre.
The area is also well served by local bus routes, and mainline railway stations are within easy reach, offering fast links into London.
The property is located close to a selection of well-regarded primary and secondary schools, making the area popular with families and long-term buyers.
Nearby parks and green spaces provide additional recreational opportunities.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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
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FAQ
About 2 Cranbrook Drive, St. Albans
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