2 Bed Flat, Single Let, St Albans, AL4 8TW, £250,000

Smallwood Close, Wheathampstead, St. Albans, Hertfordshire, AL4 8TW - 6 months ago

Leasehold
BTL
ROI: 1%
~74 m²
+7 photos

ValuationUndervalued

Sold Prices£215K - £480K
Sold Prices/m²£3.3K/m² - £6.2K/m²

 

 

Square Metres

~73.76 m²
Price/m²£3.4K/m²

Value Estimate

£305,000
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£13,700

Total Cash In

£76,200

 

 

Cash Out

 

Rent Range

£1,100 - £5,300

Rent Estimate

£1,100

Running Costs/mo

£1,021

Cashflow/mo

£79

Cashflow/yr

£945

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £215K to £480K, average is £325K. £3.3K/m² to £6.2K/m², average is £5K/m².

PriceDateDistanceAddressBeds 
£270K09/220.03 mi5, Smallwood Close, Wheathampstead, St Albans, Hertfordshire AL4 8TW2
£255K09/210.12 mi35, Caesars Road, Wheathampstead, St Albans, Hertfordshire AL4 8NR2
£359.9K06/210.28 mi54, Offas Way, Wheathampstead, St Albans, Hertfordshire AL4 8PD2
£315K02/210.28 mi48, Offas Way, Wheathampstead, St. Albans, Hertfordshire AL4 8PD2
£265K06/210.46 mi51, High Street, Wheathampstead, St. Albans, Hertfordshire AL4 8DA2
£282K10/220.46 mi57, High Street, Wheathampstead, St Albans, Hertfordshire AL4 8DA2
£310K11/220.61 mi11, Station Road, Wheathampstead, St Albans, Hertfordshire AL4 8BU2
£449.5K11/221.79 miFlat 6, Fairshot Court, Woodcock Hill, Sandridge, St Albans, Hertfordshire AL4 9ED2
£480K08/211.79 miFlat 3, Fairshot Court, Woodcock Hill, Sandridge, St. Albans, Hertfordshire AL4 9ED2
£435K04/211.79 miFlat 7, Fairshot Court, Woodcock Hill, Sandridge, St. Albans, Hertfordshire AL4 9ED2
£350K06/211.84 mi101, Langley Grove, Sandridge, St. Albans, Hertfordshire AL4 9DZ2
£338K10/202.03 mi56, Oakley Road, Harpenden, Hertfordshire AL5 1HJ2
£299.5K01/212.03 mi46, Oakley Road, Harpenden, Hertfordshire AL5 1HJ2
£340K12/202.03 mi26, Oakley Road, Harpenden, Hertfordshire AL5 1HJ2
£350K04/232.03 mi24, Oakley Road, Harpenden, Hertfordshire AL5 1HJ2
£330K01/242.4 mi62, Tallents Crescent, Harpenden, Hertfordshire AL5 5BS2
£415K12/232.49 mi94, Overstone Road, Harpenden, Hertfordshire AL5 5PL2
£365K10/222.5 mi35, Gilpin Green, Harpenden, Hertfordshire AL5 5NP2
£289K11/222.51 miFlat 12, Astwick Manor, Coopers Green Lane, Hatfield, Hertfordshire AL10 9BP2
£400K09/212.51 miFlat 4, Astwick Manor, Coopers Green Lane, Hatfield, Hertfordshire AL10 9BP2
£345K03/242.51 mi7, Gilpin Green, Harpenden, Hertfordshire AL5 5NP2
£365K01/232.51 mi11, Gilpin Green, Harpenden, Hertfordshire AL5 5NP2
£285K11/222.52 miFlat 11, Astwick Manor, Coopers Green Lane, Hatfield, Hertfordshire AL10 9BP2
£355K09/212.55 miFlat 14, Stephens Court, Station Road, Harpenden, Hertfordshire AL5 4FE2
£395K05/212.55 mi84, Overstone Road, Harpenden, Hertfordshire AL5 5PJ2
£315K06/212.55 miFlat 26, Stephens Court, Station Road, Harpenden, Hertfordshire AL5 4FE2
£356K06/212.55 miFlat 45, Stephens Court, Station Road, Harpenden, Hertfordshire AL5 4FE2
£335K01/242.55 miStephens Court, Flat 30, Station Road, Harpenden, Hertfordshire AL5 4FE2
£320K10/202.55 miFlat 18, Stephens Court, Station Road, Harpenden, Hertfordshire AL5 4FE2
£350K06/212.55 miFlat 19, Stephens Court, Station Road, Harpenden, Hertfordshire AL5 4FE2
£342.5K11/232.55 miFlat 36, Stephens Court, Station Road, Harpenden, Hertfordshire AL5 4FE2
£360K07/242.55 miStephens Court, Flat 21, Station Road, Harpenden, Hertfordshire AL5 4FE2
£325K05/212.56 miFlat 38, Stephens Court, Station Road, Harpenden, Hertfordshire AL5 4FE2
£255K03/212.56 mi122, Chiltern Road, St. Albans, Hertfordshire AL4 9SY2
£330K05/212.57 mi6, Mallard Mews, Harpenden, Hertfordshire AL5 4UX2
£360K03/212.6 mi82, Overstone Road, Harpenden, Hertfordshire AL5 5PJ2
£288K06/212.61 miFlat 22, Balfour Court, Station Road, Harpenden, Hertfordshire AL5 4XS2
£305K10/222.61 miFlat 15, Balfour Court, Station Road, Harpenden, Hertfordshire AL5 4XS2
£325K11/222.61 miFlat 12, Balfour Court, Station Road, Harpenden, Hertfordshire AL5 4XS2
£335K08/232.61 miFlat 4, Balfour Court, Station Road, Harpenden, Hertfordshire AL5 4XS2
£255K09/222.62 mi66, Harvest Court, St Albans, Hertfordshire AL4 9QY2
£300K12/222.62 mi5, Bowling Close, Harpenden, Hertfordshire AL5 1QP2
£255K09/222.62 mi61, Harvest Court, St Albans, Hertfordshire AL4 9QY2
£215K05/212.62 mi99, Pickford Hill, Harpenden, Hertfordshire AL5 5HQ2
£275K01/232.62 mi52, Harvest Court, St Albans, Hertfordshire AL4 9QY2
£295K08/212.64 mi40, Harvest Court, St. Albans, Hertfordshire AL4 9QY2
£295K04/212.64 mi58, Harvest Court, St. Albans, Hertfordshire AL4 9QY2
£290K03/212.64 mi64, Harvest Court, St Albans, Hertfordshire AL4 9QY2
£300K05/212.64 mi57, Harvest Court, St. Albans, Hertfordshire AL4 9QY2
£278K11/222.64 mi42, Harvest Court, St Albans, Hertfordshire AL4 9QY2

Local Rents

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

RentDateDistanceAddressBeds 
£1,75012/240.24 miSaxon Road, Wheathampstead, St Albans, AL43
£1,85003/230.35 mi-3
£1,10008/240.35 mi-1
£1,20005/230.35 mi-1
£1,20012/240.35 mi-1
£3,25012/240.35 miThe Hill, Wheathampstead4
£2,00012/240.4 mi-3
£2,60012/240.56 miMelbourne Mews, Wheathampstead, St. Albans, AL43
£2,60003/240.56 mi-3
£2,50004/240.57 mi-3
£1,65012/240.62 miKing Edward Place, Wheathampstead, St. Albans, Hertfordshire, AL42
£1,35003/251.89 mi-1
£1,40012/241.89 miGrove Road2
£1,35003/251.94 mi-1
£1,35003/251.96 mi-1
£2,50012/241.97 mi-4
£2,62511/241.97 mi-4
£2,70001/252.03 mi-4
£2,75001/252.03 mi-4
£1,85012/242.04 mi-3
£1,10012/242.19 mi-2
£1,10011/242.19 mi-2
£2,10012/242.21 miThe Cleave, Harpenden, Hertfordshire3
£1,99502/252.22 mi-1
£2,25003/252.23 mi-3
£3,25012/242.25 miPiggottshill Lane, Harpenden, Hertfordshire, AL53
£1,75002/252.27 mi-2
£2,15012/242.27 mi-3
£1,99007/242.27 mi-3
£1,10012/242.33 miGrove Road, Harpenden, AL51
£1,35012/242.34 miGrove Road Harpenden AL52
£2,85012/242.35 miLangham Close, St. Albans, Hertfordshire3
£1,80006/242.37 mi-2
£1,65012/242.39 miWilstone Drive, Jersey Farm, St Albans2
£1,35012/242.4 miCravells Road, Harpenden, Hertfordshire, AL52
£2,20009/242.41 mi-4
£3,00012/242.41 miBrocket Road, Lemsford4
£5,30012/242.45 mi-5
£5,30012/242.45 mi-5
£1,80012/242.45 miLower Luton Road, Harpenden, AL52

Local Area Statistics

Population in AL4

27,203

Population in St Albans

114,693

Town centre distance

4.83 miles away

Nearest school

0.10 miles away

Nearest train station

2.85 miles away

 

 

Rental growth (12m)

-12%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Listed for £250,000

September 27, 2024

Floor Plans

Description

  • Two Double Bedrooms +
  • Living / Dining Room +
  • Modern Kitchen +
  • Refitted Family Bathroom +
  • Communal Grounds +
  • No Upper Chain +

Offered for sale with no upper chain is this first floor two double bedroom apartment situated in this purpose built block, ideally located in a quiet cul de sac in the village of Wheathampstead.

Wheathampstead is a popular Hertfordshire village located just north of St Albans and offers a variety of shops, chemist, pubs, and restaurants, as well as a village church, doctors’ surgery, library and two highly regarded Infant and Junior mixed schools. Harpenden mainline railway station is just 3.5 miles away.

CONVEYANCING

Through our partners Frost's Conveyancing, we can introduce you to solicitors who specialise in conveyancing. Ask us for further information today.

MORTGAGES

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Exclusive deals are made available to Embrace Financial Services by PRIMIS Mortgage Network, to which Embrace Financial Services are an Appointed Representative

Frosts Estate Agents is an Introducer Appointed Representative of PRIMIS Mortgage Network, a trading name of First Complete Limited which is authorised and regulated by the Financial Conduct Authority for mortgages, protection insurance and general insurance products.

Embrace Financial Services Ltd. is an Appointed Representative of PRIMIS Mortgage Network, a trading name of First Complete Ltd which is authorised and regulated by the Financial Conduct Authority.

LETTINGS and MANAGEMENT

We offer a complete range of services for Landlords, from fully managed lets to advertising only. Each Landlord who chooses full management has a personal Property Manager and all our fees are based on a ‘no let - no fee’ basis.

DISCLAIMER

These particulars are a general guide only. They do not form part of any contract. Services, systems and appliances have not been tested.

BUYERS INFORMATION

To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers. We use the services of a third party, Lifetime Legal, who will contact you directly at an agreed time to do this. They will need the full name, date of birth and current address of all buyers. There is a nominal charge of £60 plus VAT for this (for the transaction not per person), payable direct to Lifetime Legal. Please note, we are unable to issue a memorandum of sale until the checks are complete.

REFERRAL FEES

We may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying. We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider. The ancillary service provider may be an associated company of Frost's.

FMS240398/1

Agent Details

Frost's, Wheathampstead

01582 377190

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪