3 Bed Flat, Single Let, St Albans, AL1 4TF, £320,000

Hatfield Road, St. Albans, AL1 4TF - 12 views - 2 years ago

Leasehold
BTL
ROI: 5%
~93 m²
+10 photos

ValuationUndervalued

Sold Prices£170K - £775K
Sold Prices/m²£2.1K/m² - £8.3K/m²

 

 

Square Metres

~93 m²
Price/m²£3.4K/m²

Value Estimate

£399,467
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£80,000

Stamp Duty & Legal Fees

£14,300

Total Cash In

£94,300

 

 

Cash Out

 

Rent Range

£1,700 - £5,500

Rent Estimate

£1,798

Running Costs/mo

£1,380

Cashflow/mo

£418

Cashflow/yr

£5,021

ROI

5%

Gross Yield

7%

Local Sold Prices

26 sold prices from £170K to £775K, average is £353.8K. £2.1K/m² to £8.3K/m², average is £4.3K/m².

PriceDateDistanceAddressBeds 
£370K07/230.35 mi33, Central Drive, St Albans, Hertfordshire AL4 0UX3
£550K06/210.51 mi32, The Dell, St. Albans, Hertfordshire AL1 4HE3
£350K03/210.74 mi427, The Ridgeway, St. Albans, Hertfordshire AL4 9TY3
£336K03/210.77 mi339, The Ridgeway, St Albans, Hertfordshire AL4 9TZ3
£340K10/230.81 mi46, The Quadrant, St Albans, Hertfordshire AL4 9RB3
£357.5K12/220.81 mi44, The Quadrant, St Albans, Hertfordshire AL4 9RB3
£332.5K03/210.83 mi106, Hughenden Road, St Albans, Hertfordshire AL4 9QR3
£360K06/210.83 mi134, Hughenden Road, St. Albans, Hertfordshire AL4 9QR3
£410K10/230.83 mi4, Hughenden Road, St Albans, Hertfordshire AL4 9QS3
£348K02/210.83 mi22, Hughenden Road, St Albans, Hertfordshire AL4 9QS3
£375K01/230.84 mi128, Hughenden Road, St Albans, Hertfordshire AL4 9QR3
£400K11/220.84 mi20, Hughenden Road, St Albans, Hertfordshire AL4 9QS3
£382.5K07/240.86 mi103, Hughenden Road, St Albans, Hertfordshire AL4 9QW3
£385K12/230.86 mi107, Hughenden Road, St Albans, Hertfordshire AL4 9QW3
£525K08/231.03 mi54, Elizabeth Court, St Albans, Hertfordshire AL4 9JD3
£285K03/211.17 mi116, Riverside Road, St Albans, Hertfordshire AL1 1SE3
£340K05/211.23 mi8, Valley Road, St. Albans, Hertfordshire AL3 6LN3
£680K06/211.45 miFlat 2, Highfield Hall, Highfield Lane, Tyttenhanger, St. Albans, Hertfordshire AL4 0LE3
£340K06/211.52 mi3, Tudor Road, St. Albans, Hertfordshire AL3 6AY3
£375K03/231.67 mi6, Deacon Close, St Albans, Hertfordshire AL1 2LJ3
£775K05/211.69 mi118, Fishpool Street, St. Albans, Hertfordshire AL3 4RX3
£340K08/211.94 mi18, Lime Tree Court, London Colney, St Albans, Hertfordshire AL2 1UL3
£170K01/231.94 mi16, Lime Tree Court, London Colney, St Albans, Hertfordshire AL2 1UL3
£170K12/201.94 mi9, Lime Tree Court, London Colney, St. Albans, Hertfordshire AL2 1UL3
£255K11/201.94 mi24, Lime Tree Court, London Colney, St Albans, Hertfordshire AL2 1UL3
£170K03/211.94 mi29, Lime Tree Court, London Colney, St Albans, Hertfordshire AL2 1UL3

Local Rents

26 rents from £1.7K/mo to £5.5K/mo, average is £2.3K/mo.

RentDateDistanceAddressBeds 
£1,70012/240.16 miHatfield Road, St Albans, AL43
£2,33012/240.21 mi-3
£2,59512/240.23 miSt Mary Court, St Albans, AL13
£2,50012/240.29 miCollege Road, St. Albans, Hertfordshire, AL13
£2,40003/250.32 mi-3
£2,30012/240.56 miWynchlands Crescent, St Albans, AL43
£2,00012/240.6 miHatfield Road, St. Albans, Hertfordshire, AL1 4JE3
£3,10012/240.63 mi-3
£2,00012/240.76 mi-3
£2,00012/240.78 miDrakes Drive, St Albans, Herts, AL13
£1,75004/250.8 mi-3
£2,20012/240.81 miSummerhill Court, Avenue Road, St Albans, AL13
£2,25012/240.84 miLaurel Edge, Avenue Road, St. Albans, Hertfordshire3
£1,98004/250.85 mi-3
£5,50004/250.88 mi-3
£2,75012/240.95 miHillside Road, St. Albans, Hertfordshire3
£2,65001/240.99 mi-3
£1,83012/241 miParkway Court, St Albans, AL13
£2,25012/241.04 miOrient Close, St. Albans, Hertfordshire3
£2,30012/241.09 miLower Paxton Road, St Albans, Herts, AL13
£2,00012/241.11 miGladeside3
£2,10012/241.17 miTewin Close, St. Albans, Hertfordshire, AL43
£2,20012/241.17 miChime Square, St. Albans3
£3,00012/241.18 miChime Square, St. Albans, Hertfordshire3
£2,40012/241.18 miWetherall Mews, St. Albans, AL1 1AS3
£3,00012/241.22 miThe Ridgeway, St Albans, Herts, AL43

Local Area Statistics

Population in AL1

36,241

Population in St Albans

114,693

Town centre distance

1.16 miles away

Nearest school

0.20 miles away

Nearest train station

0.95 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £320,000

June 12, 2023

Floor Plans

Description

  • Ground Floor Flat +
  • Three Bedrooms +
  • Lounge with Access to a Covered Terraced Area +
  • Kitchen/Breakfast Room +
  • Bathroom and Separate Cloakroom +
  • Ample Residents Parking and Communal Grounds +
  • Close to Local Amenities and Well-Regarded Schools +
  • Excellent Access to Station and Town Centre +

SUMMARY
A GOOD SIZED THREE BEDROOM ground floor flat with COVERED TERRACE and RESIDENTS PARKING in a popular area of St Albans close to local amenities and well regarded schools and providing excellent access to the town centre and the mainline railway station into London St Pancras. GREAT LOCATION.

DESCRIPTION
This good sized three bedroom ground floor flat comprises of an entrance hall, kitchen/breakfast room, living room, three bedrooms, bathroom and separate cloakroom. The property also benefits from having plenty of storage cupboards. Externally there is a covered terraced area off of the living room, ample residents parking and communal grounds.

Queens Court is an attractive purpose built block located in a popular area on the east side of St Albans close by to local amenities and well-regarded schools and provides excellent access to the town centre and the mainline railway station into London St Pancras. The Alban Way which is great for cycling, running, dog walking and family walks etc can be accessed close by to the property and also Longacre's and Fleetville parks are nearby.

IDEAL FOR INVESTORS OR FIRST TIME BUYERS

Entrance Hall 
Entry phone, storage cupboards, radiator and carpet.

Cloakroom 
Window to the rear, wc, radiator and laminate flooring.

Lounge 14' 9" x 11' 4" ( 4.50m x 3.45m )
Window to the front and single door to the side leading to the covered terraced area, radiator and carpet.

Kitchen / Breakfast Room 10' 1" x 11' 6" max ( 3.07m x 3.51m max )
Window to the rear, fitted kitchen with an array of wall and base units, work surface, sink and drainer, tiled splash back, space for cooker, washing machine and fridge freezer, radiator and laminate flooring.

Bedroom One 13' 6" max x 10' 9" max ( 4.11m max x 3.28m max )
Window to the side, radiator and carpet.

Bedroom Two 9' 9" x 7' 1" ( 2.97m x 2.16m )
Window to the front, cupboard, radiator and carpet.

Bedroom Three 10' 4" max x 10' 8" max ( 3.15m max x 3.25m max )
Window to the rear, cupboard, radiator and carpet.

Bathroom 
Window to the rear, wash hand basin and bath, radiator and laminate flooring.

Outside 
Private covered terrace area off of the living room and communal grounds.

Parking 
Residents parking.

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Agent Details

Connells, Marshalswick

01727 222160

Next Steps?

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