3 Bed Semi-Detached House, Refurb/BRRR, St Albans, AL4 0DH, £925,000

Hatfield Road, St. Albans, Hertfordshire, AL4 0DH - 3 views - 7 months ago

Sold STC
Refurb/BRRR
Planning
~93 m²
+9 photos

ValuationOvervalued

Sold Prices£475K - £1.2M
Sold Prices/m²£3.7K/m² - £10.1K/m²

 

 

Square Metres

~93 m²
Price/m²£9.9K/m²

Value Estimate

£623,479

 

 

End Value (After Refurb)

£905,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£231,250

Stamp Duty & Legal Fees

£62,700

Refurb Costs

£46,000

Bridging Loan Interest

£24,281

Total Cash In

£365,981

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£905,000

Mortgage (After Refinance)

£678,750

Mortgage LTV

75%

Cash Left In

£365,981

Equity

£226,250

Rent Range

£1,700 - £5,500

Rent Estimate

£2,269

Running Costs/mo

£3,302

Cashflow/mo

£-1,033

Cashflow/yr

£-12,395

Gross Yield

3%

Local Sold Prices

50 sold prices from £475K to £1.2M, average is £654.5K. £3.7K/m² to £10.1K/m², average is £7K/m².

PriceDateDistanceAddressBeds 
£887K11/200.04 mi332, Hatfield Road, St. Albans, Hertfordshire AL4 0DU3
£850K04/240.08 mi64a, Elm Drive, St Albans, Hertfordshire AL4 0EQ3
£600K10/230.1 mi5, Pinewood Close, St Albans, Hertfordshire AL4 0DS3
£545K01/240.1 mi3, Pinewood Close, St Albans, Hertfordshire AL4 0DS3
£585K04/230.1 mi2, Pinewood Close, St Albans, Hertfordshire AL4 0DS3
£720K12/220.14 mi6, Ashley Road, St Albans, Hertfordshire AL1 5DA3
£580K06/210.15 mi95, Linden Crescent, St. Albans, Hertfordshire AL1 5DD3
£625K07/230.15 mi96, Linden Crescent, St Albans, Hertfordshire AL1 5DD3
£940K10/220.15 mi33, Hazelwood Drive, St Albans, Hertfordshire AL4 0UP3
£985K02/210.16 mi34, Woodland Drive, St Albans, Hertfordshire AL4 0EU3
£1.2M10/230.16 mi9, Woodland Drive, St Albans, Hertfordshire AL4 0EL3
£752K01/210.17 mi28, Oakwood Drive, St Albans, Hertfordshire AL4 0XD3
£830K08/240.17 mi36, Oakwood Drive, St Albans, Hertfordshire AL4 0XD3
£737K03/230.17 mi38, Oakwood Drive, St Albans, Hertfordshire AL4 0XD3
£670K06/210.19 mi37, Burleigh Road, St Albans, Hertfordshire AL1 5DH3
£480K05/230.19 mi2, Burleigh Road, St Albans, Hertfordshire AL1 5DH3
£800K11/210.19 mi63, Oakwood Drive, St Albans, Hertfordshire AL4 0UL3
£653K12/200.19 mi35, Oakwood Drive, St Albans, Hertfordshire AL4 0UL3
£646K09/230.19 mi73, Oakwood Drive, St Albans, Hertfordshire AL4 0UL3
£665K01/230.2 mi49, Burleigh Road, St Albans, Hertfordshire AL1 5DH3
£675K06/210.2 mi88, Castle Road, St. Albans, Hertfordshire AL1 5DG3
£685K03/210.25 mi22, Central Drive, St Albans, Hertfordshire AL4 0UR3
£656K08/210.25 mi67, Castle Road, St Albans, Hertfordshire AL1 5DQ3
£667.5K10/210.25 mi29, Castle Road, St. Albans, Hertfordshire AL1 5DQ3
£600K12/200.25 mi15, Castle Road, St Albans, Hertfordshire AL1 5DQ3
£745K03/230.26 mi280, Hatfield Road, St Albans, Hertfordshire AL1 4UN3
£765K11/200.26 mi102, Oakwood Drive, St. Albans, Hertfordshire AL4 0XA3
£557.5K10/230.27 mi18, Bell View, St Albans, Hertfordshire AL4 0SQ3
£753.6K11/220.27 mi43, Bell View, St Albans, Hertfordshire AL4 0SQ3
£600K05/240.27 mi14, Bell View, St Albans, Hertfordshire AL4 0SQ3
£507K04/210.27 mi9, Bell View, St. Albans, Hertfordshire AL4 0SQ3
£625K05/210.28 mi54, Hedley Road, St Albans, Hertfordshire AL1 5JP3
£725K08/230.28 mi28a, Hedley Road, St Albans, Hertfordshire AL1 5JP3
£690K07/230.28 mi50, Hedley Road, St Albans, Hertfordshire AL1 5JP3
£475K11/200.28 mi29, Guildford Road, St. Albans, Hertfordshire AL1 5JX3
£700K07/240.29 mi67, Longacres, St Albans, Hertfordshire AL4 0SL3
£855K05/210.31 mi434, Hatfield Road, St. Albans, Hertfordshire AL4 0XS3
£523K02/210.31 mi6, Wynchlands Crescent, St Albans, Hertfordshire AL4 0XL3
£595K03/210.32 mi65, Wynches Farm Drive, St. Albans, Hertfordshire AL4 0XH3
£635K02/210.32 mi25, Wynchlands Crescent, St. Albans, Hertfordshire AL4 0XW3
£575K09/210.33 mi10, Guildford Road, St. Albans, Hertfordshire AL1 5JY3
£631K12/200.34 mi10, Maxwell Road, St Albans, Hertfordshire AL1 5LA3
£760K01/230.34 mi16, Eaton Road, St Albans, Hertfordshire AL1 4UE3
£575K11/210.35 mi50, Marconi Way, St. Albans, Hertfordshire AL4 0JG3
£548K12/200.35 mi21, Arthur Road, St Albans, Hertfordshire AL1 4SZ3
£560K02/230.35 mi21, Arthur Road, St Albans, Hertfordshire AL1 4SZ3
£600K01/230.35 mi10, Arthur Road, St Albans, Hertfordshire AL1 4SZ3
£605K05/230.35 mi49, Cambridge Road, St Albans, Hertfordshire AL1 5LE3
£670K12/220.35 mi2, Guildford Road, St Albans, Hertfordshire AL1 5JY3
£612K03/210.35 mi1, Maxwell Road, St. Albans, Hertfordshire AL1 5LB3

Local Rents

20 rents from £1.7K/mo to £5.5K/mo, average is £2.2K/mo.

RentDateDistanceAddressBeds 
£1,70012/240.08 miHatfield Road, St Albans, AL43
£2,40003/250.1 mi-3
£2,30012/240.32 miWynchlands Crescent, St Albans, AL43
£2,59512/240.33 miSt Mary Court, St Albans, AL13
£2,50012/240.4 miCollege Road, St. Albans, Hertfordshire, AL13
£2,33012/240.44 mi-3
£3,10012/240.49 mi-3
£1,75004/250.76 mi-3
£2,00012/240.77 mi-3
£2,00012/240.82 miDrakes Drive, St Albans, Herts, AL13
£1,98004/250.83 mi-3
£2,00012/240.84 miHatfield Road, St. Albans, Hertfordshire, AL1 4JE3
£2,65001/240.92 mi-3
£2,00012/240.98 miGladeside3
£5,50004/251.02 mi-3
£2,20012/241.03 miSummerhill Court, Avenue Road, St Albans, AL13
£2,25012/241.07 miLaurel Edge, Avenue Road, St. Albans, Hertfordshire3
£1,83012/241.07 miParkway Court, St Albans, AL13
£2,10012/241.14 miTewin Close, St. Albans, Hertfordshire, AL43
£2,75012/241.19 miHillside Road, St. Albans, Hertfordshire3

Local Area Statistics

Population in AL4

27,203

Population in St Albans

114,693

Town centre distance

1.35 miles away

Nearest school

0.20 miles away

Nearest train station

1.19 miles away

 

 

Rental growth (12m)

-12%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Listed for £925,000

October 4, 2024

Floor Plans

Description

  • Superb Semi-Detached Family Home Arranged Over Two Floors +
  • Exciting Potential for Extension (STPP) +
  • No Onward Chain +
  • Three Bedrooms +
  • 95ft Rear Garden +
  • Garage & off-Street Parking +
  • Close to Highly Regarded Schooling & Transport Networks +

The Property:

An extended three bedroom semi-detached family home requiring modernisation throughout and offering great potential for extension (subject to the necessary planning permissions and regulations).

Description:

Situated in a desirable residential area within walking distance of both Oakwood Primary and Beaumont Secondary Schools, this superb property is set back from the road with a driveway providing off-street parking for multiple cars and a garage.

Upon entry you are welcomed by a sizeable hallway leading to a spacious through living and dining room overlooking the rear garden. The ground floor also offers an extended kitchen to the rear with access to the garden.

There are three sizable bedrooms on the first floor and a spacious family bathroom.

The property also benefits from a large rear garden which is mainly laid to lawn with a generous patio area.

The property offers great potential extension(subject to the necessary planning permissions and regulations).

This rarely available property offers immense potential in an exclusive location set moments from outstanding local schooling.

Council Tax Band: E £2,634.03 (2024/2025)

Buyers Information:
In compliance with the UK's Anti Money Laundering (AML) regulations, we are required to confirm the identity of all prospective buyers at the point of an offer being accepted and use a third party, Identity Verification System to do so. There is a nominal charge of £48 (per person) including VAT for this service. For more information, please refer to the terms and conditions section of our website.

Location:

The property is situated on the eastern fringes of St. Albans, close to several of the city's most highly regarded schools and within walking distance of the open space of Highfield Park and The Alban Way. The area has good transport links and is within easy reach of the mainline station where there are fast rail links into central London

Agent Details

Ashtons, St. Albans

01727 221837

Next Steps?

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