3 Bed Flat, Single Let, St Albans, AL4 8TL, £275,000

38 Davys Close, St Albans, Hertfordshire, AL4 8TL - 11 views - 7 months ago

Leasehold
BTL
69 m²
+5 photos

ValuationUndervalued

Sold Prices£224K - £610K
Sold Prices/m²£3.3K/m² - £7.4K/m²

 

 

Square Metres

69 m²
Price/m²£4K/m²

Value Estimate

£308,583
BMV12%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£68,750

Stamp Duty & Legal Fees

£10,700

Total Cash In

£79,450

 

 

Cash Out

 

Rent Range

£1,100 - £5,300

Rent Estimate

£1,100

Running Costs/mo

£1,099

Cashflow/mo

£1

Cashflow/yr

£8

ROI

0%

Gross Yield

5%

Local Sold Prices

14 sold prices from £224K to £610K, average is £367.5K. £3.3K/m² to £7.4K/m², average is £4.4K/m².

PriceDateDistanceAddressBeds 
£224K04/210.14 mi43, Nurseries Road, Wheathampstead, St Albans, Hertfordshire AL4 8TP3
£290K01/230.14 mi15, Wright Close, Wheathampstead, St Albans, Hertfordshire AL4 8TJ3
£610K05/212.46 mi4, Eastmoor Park, Harpenden, Hertfordshire AL5 1BW3
£525K08/232.88 mi54, Elizabeth Court, St Albans, Hertfordshire AL4 9JD3
£382.5K07/242.93 mi103, Hughenden Road, St Albans, Hertfordshire AL4 9QW3
£385K12/232.93 mi107, Hughenden Road, St Albans, Hertfordshire AL4 9QW3
£375K01/232.95 mi128, Hughenden Road, St Albans, Hertfordshire AL4 9QR3
£400K11/222.96 mi20, Hughenden Road, St Albans, Hertfordshire AL4 9QS3
£332.5K03/212.96 mi106, Hughenden Road, St Albans, Hertfordshire AL4 9QR3
£360K06/212.96 mi134, Hughenden Road, St. Albans, Hertfordshire AL4 9QR3
£410K10/232.96 mi4, Hughenden Road, St Albans, Hertfordshire AL4 9QS3
£348K02/212.96 mi22, Hughenden Road, St Albans, Hertfordshire AL4 9QS3
£340K10/233 mi46, The Quadrant, St Albans, Hertfordshire AL4 9RB3
£357.5K12/223 mi44, The Quadrant, St Albans, Hertfordshire AL4 9RB3

Local Rents

45 rents from £1.1K/mo to £5.3K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,75012/240.28 miSaxon Road, Wheathampstead, St Albans, AL43
£3,25012/240.4 miThe Hill, Wheathampstead4
£1,85003/230.4 mi-3
£1,10008/240.4 mi-1
£1,20005/230.4 mi-1
£1,20012/240.4 mi-1
£2,00012/240.44 mi-3
£2,60012/240.61 miMelbourne Mews, Wheathampstead, St. Albans, AL43
£2,60003/240.61 mi-3
£2,50004/240.62 mi-3
£1,65012/240.66 miKing Edward Place, Wheathampstead, St. Albans, Hertfordshire, AL42
£1,35003/251.85 mi-1
£1,35003/251.9 mi-1
£1,40012/241.9 miGrove Road2
£1,35003/251.93 mi-1
£2,50012/241.99 mi-4
£2,62511/241.99 mi-4
£2,70001/252.04 mi-4
£2,75001/252.04 mi-4
£1,85012/242.05 mi-3
£1,10012/242.21 mi-2
£1,10011/242.21 mi-2
£2,10012/242.24 miThe Cleave, Harpenden, Hertfordshire3
£2,25003/252.24 mi-3
£1,99502/252.25 mi-1
£3,25012/242.27 miPiggottshill Lane, Harpenden, Hertfordshire, AL53
£1,75002/252.3 mi-2
£2,15012/242.31 mi-3
£1,99007/242.31 mi-3
£2,85012/242.31 miLangham Close, St. Albans, Hertfordshire3
£1,65012/242.35 miWilstone Drive, Jersey Farm, St Albans2
£1,10012/242.35 miGrove Road, Harpenden, AL51
£1,35012/242.36 miGrove Road Harpenden AL52
£3,00012/242.38 miBrocket Road, Lemsford4
£1,80006/242.38 mi-2
£2,20009/242.4 mi-4
£1,35012/242.42 miCravells Road, Harpenden, Hertfordshire, AL52
£1,85010/242.46 mi-2
£5,30012/242.47 mi-5
£5,30012/242.47 mi-5
£1,55001/242.47 mi-2
£1,55002/252.47 mi-2
£1,29512/242.48 miCraiglands, St. Albans, Hertfordshire, AL41
£2,65012/242.48 miCraiglands, St. Albans, Hertfordshire, AL4 9AH4
£1,29512/242.48 miTwyford Road, St. Albans, Hertfordshire, AL41

Local Area Statistics

Population in AL4

27,203

Population in St Albans

114,693

Town centre distance

4.79 miles away

Nearest school

0.20 miles away

Nearest train station

2.87 miles away

 

 

Rental growth (12m)

-12%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Listed for £275,000

August 23, 2024

Sold for £145,000

2014

Floor Plans

Description

  • NO UPPER CHAIN +
  • THREE BEDROOM APARTMENT +
  • FULLY REFURBISHED IN 2022 +
  • QUIET CUL-DE-SAC LOCATION +
  • IDEAL FIRST TIME BUYER OR INVESTMENT PURCHASE +
  • STORAGE UNIT INCLUDED +
  • RESIDENTS PARKING AND COMMUNAL GARDENS +
  • IDEAL LOCATION FOR SCHOOLING AND LOCAL AMENITIES +
  • SHORT DRIVE TO ST ALBANS, HARPENDEN, WELWYN GARDEN CITY AND LUTON +

NO UPPER CHAIN! We are delighted to offer for sale this three-bedroom apartment located in a quiet cul-de-sac location. A well-presented three double bedroom apartment situated on the top floor of this purpose-built block, located in the popular village of Wheathampstead. The property was refurbished in 2022 including new kitchen and flooring throughout. The property can be sold either with Tenants in situ or with vacant possession, perfect for potential buy-to-let investors or first-time buyers.

The internal accommodation comprises; entrance hallway with two large built-in cupboards providing ample storage; large living room; kitchen; three double bedrooms; bathroom; separate WC. Further benefits include large external storage cupboard located directly across the landling, gas central heating, double glazing, residents parking and communal gardens.

The Village of Wheathampstead is located to the north of St Albans and provides several options for primary schooling, a variety of shops, restaurants and pubs as well as a chemist, doctors surgery, dentist, church and library. Harpenden, St Albans, Welwyn Garden City and Luton are all within a short drive away. This offers a wider variety of shops and leisure facilities in easy reach, as well as motorway connections and mainline rail services taking you directly into London.

Leasehold Tenure with 89 years remaining.
Ground Rent £10.00 per annum.
Service Charge £1150.00 per annum.
Council Tax Band B.

A three-bedroom apartment located in a quiet cul-de-sac location.

Entrance Hall With Two Large Built-In Cupboards -

Large Living Room -

Kitchen -

Three Double Bedrooms -

Bathroom -

Separate Wc -

External Storage Room Within The Block -

Agent Details

Space Estates, St Albans

01727 221894

Next Steps?

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