2 Bed Flat, Single Let, St Albans, AL4 9BL, £275,000

Twyford Road, St. Albans, AL4 9BL - 5 months ago

Leasehold
BTL
ROI: 4%
~68 m²
+6 photos

ValuationUndervalued

Sold Prices£220K - £480K
Sold Prices/m²£3.4K/m² - £6.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4K/m²

Value Estimate

£314,358
BMV14%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£68,750

Stamp Duty & Legal Fees

£18,700

Total Cash In

£87,450

 

 

Cash Out

 

Rent Range

£1,295 - £1,850

Rent Estimate

£1,475

Running Costs/mo

£1,174

Cashflow/mo

£301

Cashflow/yr

£3,608

ROI

4%

Gross Yield

6%

Local Sold Prices

38 sold prices from £220K to £480K, average is £300K. £3.4K/m² to £6.8K/m², average is £4.6K/m².

PriceDateDistanceAddressBeds 
£255K09/220.13 mi66, Harvest Court, St Albans, Hertfordshire AL4 9QY2
£255K09/220.13 mi61, Harvest Court, St Albans, Hertfordshire AL4 9QY2
£275K01/230.13 mi52, Harvest Court, St Albans, Hertfordshire AL4 9QY2
£295K08/210.14 mi40, Harvest Court, St. Albans, Hertfordshire AL4 9QY2
£234K03/230.14 mi65, Harvest Court, St Albans, Hertfordshire AL4 9QY2
£295K04/210.14 mi58, Harvest Court, St. Albans, Hertfordshire AL4 9QY2
£290K03/210.14 mi64, Harvest Court, St Albans, Hertfordshire AL4 9QY2
£300K05/210.14 mi57, Harvest Court, St. Albans, Hertfordshire AL4 9QY2
£278K11/220.14 mi42, Harvest Court, St Albans, Hertfordshire AL4 9QY2
£254.5K12/220.14 mi62, Harvest Court, St Albans, Hertfordshire AL4 9QY2
£300K08/230.14 mi36, Harvest Court, St Albans, Hertfordshire AL4 9QY2
£325K06/230.17 miThe Larches, Flat 21, Milford Close, St Albans, Hertfordshire AL4 9JZ2
£255K03/210.32 mi122, Chiltern Road, St. Albans, Hertfordshire AL4 9SY2
£355K11/220.41 mi14, Briar Road, St Albans, Hertfordshire AL4 9TL2
£341K05/230.51 mi127, Hughenden Road, St Albans, Hertfordshire AL4 9QW2
£350K03/210.52 mi9, Elizabeth Court, St. Albans, Hertfordshire AL4 9JB2
£370K10/220.52 mi8, Elizabeth Court, St Albans, Hertfordshire AL4 9JB2
£220K06/240.54 mi29, Hughenden Road, St Albans, Hertfordshire AL4 9QN2
£292.5K12/200.55 mi68, Newgate Close, St. Albans, Hertfordshire AL4 9JE2
£332.5K11/200.56 mi12, Hughenden Road, St. Albans, Hertfordshire AL4 9QS2
£295K10/200.57 mi336, The Ridgeway, St Albans, Hertfordshire AL4 9RJ2
£375K10/220.58 mi381, The Ridgeway, St Albans, Hertfordshire AL4 9TZ2
£250K12/200.59 mi301, The Ridgeway, St. Albans, Hertfordshire AL4 9UA2
£289.5K04/210.61 mi71, Newgate Close, St. Albans, Hertfordshire AL4 9JF2
£330K09/230.61 mi11, Newgate Close, St Albans, Hertfordshire AL4 9JF2
£275K12/200.62 mi457, The Ridgeway, St Albans, Hertfordshire AL4 9TY2
£335K10/200.62 mi397, The Ridgeway, St Albans, Hertfordshire AL4 9TY2
£300K12/200.62 mi395, The Ridgeway, St. Albans, Hertfordshire AL4 9TY2
£350K06/210.66 mi101, Langley Grove, Sandridge, St. Albans, Hertfordshire AL4 9DZ2
£480K08/210.7 miFlat 3, Fairshot Court, Woodcock Hill, Sandridge, St. Albans, Hertfordshire AL4 9ED2
£435K04/210.7 miFlat 7, Fairshot Court, Woodcock Hill, Sandridge, St. Albans, Hertfordshire AL4 9ED2
£449.5K11/220.7 miFlat 6, Fairshot Court, Woodcock Hill, Sandridge, St Albans, Hertfordshire AL4 9ED2
£310K09/230.74 mi27, Boling Brook, St Albans, Hertfordshire AL4 9NP2
£300K02/210.75 mi17, Taylor Close, St. Albans, Hertfordshire AL4 9YB2
£290K07/230.75 mi19, Taylor Close, St Albans, Hertfordshire AL4 9YB2
£325K03/210.75 mi35, Taylor Close, St. Albans, Hertfordshire AL4 9YB2
£340K12/200.95 mi83, Hazelwood Drive, St. Albans, Hertfordshire AL4 0UY2
£410K03/210.98 mi84, Charmouth Road, St. Albans, Hertfordshire AL1 4SQ2

Local Rents

13 rents from £1.3K/mo to £1.9K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,55001/240.03 mi-2
£1,55002/250.03 mi-2
£1,65012/240.17 miWilstone Drive, Jersey Farm, St Albans2
£1,85012/240.23 miJersey Farm, St Albans, Hertfordshire2
£1,29512/240.55 miThe Ridgeway St Albans Herts2
£1,50012/240.56 miThe Ridgeway, St Albans, Herts, AL42
£1,50012/240.57 miThe Ridgeway2
£1,85012/240.58 mi-2
£1,69512/240.73 miBrecken Close, St. Albans, Hertfordshire, AL42
£1,82503/250.94 mi-2
£1,70012/240.99 miCharmouth Road, St. Albans, Hertfordshire2
£1,65012/241.11 miBeech Road, 29-31 Beech Road, St Albans, AL32
£1,45012/241.21 miPorters Wood, St Albans, Hertfordshire2

Local Area Statistics

Population in AL4

27,203

Population in St Albans

114,693

Town centre distance

2.43 miles away

Nearest school

0.30 miles away

Nearest train station

1.98 miles away

 

 

Rental growth (12m)

-12%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Listed for £275,000

November 6, 2024

Floor Plans

Description

  • Ground Floor Flat +
  • Two Bedrooms +
  • Kitchen +
  • Lounge/Dining Room +
  • Communal Gardens +
  • Allocated Parking +
  • Walking Distance to Local Amenities +
  • Close to Well-Regarded Schools +

SUMMARY
A TWO BEDROOM GROUND FLOOR FLAT with kitchen, lounge/dining room, bathroom, allocated parking and communal gardens situated in a popular cul-de-sac location in Jersey Farm to the northeast side of St Albans close by to well-regarded schools and within WALKING DISTANCE OF LOCAL AMENITIES.

DESCRIPTION
This two bedroom ground floor flat comprises of an entrance hall with airing cupboard, kitchen, lounge/dining room, two bedrooms and a bathroom. Externally there is allocated parking and communal gardens.
Sandridge Court is situated in a popular cul-de-sac location in Jersey Farm to the northeast side of St Albans and within walking distance of local amenities including a Tesco Metro, takeaway, doctors and a public house. The highly sought after area of Marshalswick is also close by and is renowned for its outstanding schools including Sandringham and Beaumont and The Quadrant shopping centre which boasts a large selection of local shops and eateries including a Marks and Spencer food hall. St Albans City Centre is less than two miles away and provides an excellent selection of shopping and leisure facilities along with a mainline railway station to London St Pancras.

Agents Note
This property has an offer accepted subject to contract but is still currently available to view.

Entrance Hall 
Entry phone system, airing cupboard, radiator and wood flooring.

Kitchen 7' x 9' ( 2.13m x 2.74m )
Window to the rear, fitted kitchen with an array of wall and base units, work surface, sink and drainer, tiled splash back, built in fridge freezer, space for washing machine and slim line dishwasher, wood flooring.

Lounge/Dining Room 10' 1" max x 16' max ( 3.07m max x 4.88m max )
Window to the side and rear, radiator and wood flooring.

Bedroom One 8' x 12' ( 2.44m x 3.66m )
Window to the front, radiator and wood flooring.

Bedroom Two 7' x 9' ( 2.13m x 2.74m )
Window to the front, radiator and wood flooring.

Bathroom 
Three piece suite comprising of wc, wash hand basin in vanity unit and bath with hand held shower, heated towel rail, extractor fan and fully tiled.

Parking 
Allocated parking.

Garden 
Communal gardens.

Lease details are currently being compiled. For 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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