2 Bed Flat, Single Let, St Albans, AL2 1PX, £239,950

Hardwicke Place, London Colney, AL2 1PX - 6 months ago

Sold STC
Leasehold
BTL
ROI: 4%
~49 m²
+4 photos

ValuationOvervalued

Sold Prices£150K - £849.8K
Sold Prices/m²£2.2K/m² - £6.6K/m²

 

 

Square Metres

~49.20 m²
Price/m²£4.9K/m²

Value Estimate

£230,050

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£59,988

Stamp Duty & Legal Fees

£13,198

Total Cash In

£73,185

 

 

Cash Out

 

Rent Range

£1,250 - £2,450

Rent Estimate

£1,300

Running Costs/mo

£1,030

Cashflow/mo

£270

Cashflow/yr

£3,242

ROI

4%

Gross Yield

7%

Local Sold Prices

46 sold prices from £150K to £849.8K, average is £289.5K. £2.2K/m² to £6.6K/m², average is £4.7K/m².

PriceDateDistanceAddressBeds 
£222K06/210.01 mi50, Hardwicke Place, London Colney, St. Albans, Hertfordshire AL2 1PX2
£278K11/220.11 miFlat 3, Heather Court, St Annes Road, London Colney, St Albans, Hertfordshire AL2 1HQ2
£325K12/200.12 mi83, St Annes Road, London Colney, St. Albans, Hertfordshire AL2 1PA2
£227.5K01/210.14 mi36, Meadow Close, London Colney, St. Albans, Hertfordshire AL2 1RH2
£280K09/220.16 mi21, Meadow Close, London Colney, St Albans, Hertfordshire AL2 1RQ2
£350K09/220.16 mi8, Sanders Close, London Colney, St Albans, Hertfordshire AL2 1NZ2
£297K09/210.17 mi32, Sanders Close, London Colney, St Albans, Hertfordshire AL2 1NZ2
£300K11/200.17 mi6, Sanders Close, London Colney, St. Albans, Hertfordshire AL2 1NZ2
£335K03/230.19 mi2, Meadow Close, London Colney, St Albans, Hertfordshire AL2 1RQ2
£295K10/220.19 mi13, Meadow Close, London Colney, St Albans, Hertfordshire AL2 1RQ2
£299.5K12/200.2 mi23, Meadow Close, London Colney, St. Albans, Hertfordshire AL2 1RQ2
£325K01/210.23 mi17, Bluett Road, London Colney, St. Albans, Hertfordshire AL2 1RN2
£315K11/200.23 mi16, Bluett Road, London Colney, St Albans, Hertfordshire AL2 1RN2
£329.9K12/220.24 mi16, Kennedy Close, London Colney, St Albans, Hertfordshire AL2 1GR2
£315K05/210.25 mi10, Bluett Road, London Colney, St. Albans, Hertfordshire AL2 1RN2
£280K08/230.32 mi40, Haseldine Road, London Colney, St Albans, Hertfordshire AL2 1RT2
£285K04/210.38 mi6, Chester Gibbons Green, London Colney, St Albans, Hertfordshire AL2 1HE2
£245K06/210.39 mi13, Watersplash Court, London Colney, St. Albans, Hertfordshire AL2 1TN2
£255K08/230.39 mi11, Watersplash Court, London Colney, St Albans, Hertfordshire AL2 1TN2
£245K02/210.39 mi24, Watersplash Court, London Colney, St. Albans, Hertfordshire AL2 1TN2
£250K04/230.39 mi14, Watersplash Court, London Colney, St Albans, Hertfordshire AL2 1TN2
£223K01/240.41 mi47, Thamesdale, London Colney, St Albans, Hertfordshire AL2 1TA2
£245K11/220.42 mi196a, High Street, London Colney, St Albans, Hertfordshire AL2 1JQ2
£250K08/210.45 mi9, Ribbledale, London Colney, St Albans, Hertfordshire AL2 1TD2
£233K06/210.47 mi21, Wyedale, London Colney, St. Albans, Hertfordshire AL2 1TG2
£245K10/230.47 mi22, Wyedale, London Colney, St Albans, Hertfordshire AL2 1TG2
£210K03/210.47 mi22, Wyedale, London Colney, St. Albans, Hertfordshire AL2 1TG2
£250K04/240.53 mi64, Wyedale, London Colney, St Albans, Hertfordshire AL2 1TH2
£250K10/220.53 mi66, Wyedale, London Colney, St Albans, Hertfordshire AL2 1TH2
£249K02/230.53 mi74, Wyedale, London Colney, St Albans, Hertfordshire AL2 1TH2
£337.5K12/230.59 mi60, Napsbury Avenue, London Colney, St Albans, Hertfordshire AL2 1LS2
£233K06/230.6 mi22, Eskdale, London Colney, St Albans, Hertfordshire AL2 1TJ2
£235K08/230.6 mi26, Eskdale, London Colney, St Albans, Hertfordshire AL2 1TJ2
£849.8K01/230.64 mi12, Boyes Crescent, London Colney, St Albans, Hertfordshire AL2 1UB2
£531K04/230.64 mi14, Boyes Crescent, London Colney, St Albans, Hertfordshire AL2 1UB2
£235.5K09/220.69 mi191, Cotlandswick, London Colney, St Albans, Hertfordshire AL2 1EG2
£294K11/200.71 miFlat 3, Green Oak House, Shenley Lane, London Colney, St Albans, Hertfordshire AL2 1FE2
£150K12/200.71 mi4, Lime Tree Court, London Colney, St Albans, Hertfordshire AL2 1UL2
£475K09/210.74 miFlat 7, Logan Court, Beningfield Drive, Napsbury Park, St Albans, Hertfordshire AL2 1GD2
£405K12/200.74 miFlat 6, Academy Court, Goldring Way, London Colney, St. Albans, Hertfordshire AL2 1GZ2
£495K12/200.74 miFlat 3, Academy Court, Goldring Way, London Colney, St. Albans, Hertfordshire AL2 1GZ2
£465K06/210.74 miFlat 5, Academy Court, Goldring Way, London Colney, St. Albans, Hertfordshire AL2 1GZ2
£377K12/220.82 miApartment 4, Walter Slade Court, Norris Close, Napsbury Park, St Albans, Hertfordshire AL2 1WW2
£408K11/200.83 miFlat 7, The Brownings, Beningfield Drive, Napsbury Park, St. Albans, Hertfordshire AL2 1GH2
£496K11/210.86 miFlat 5, Great Leys Court, Beningfield Drive, Napsbury Park, St. Albans, Hertfordshire AL2 1GJ2
£520K02/210.92 miFlat 5, Rush Leys Court, Beningfield Drive, Napsbury Park, St Albans, Hertfordshire AL2 1GN2

Local Rents

12 rents from £1.3K/mo to £2.5K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,42512/240.01 miHardwicke Place, London Colney, St Albans2
£1,30012/240.15 miMeadow Close, London Colney, St Albans, Herts, AL22
£1,30010/240.17 mi-2
£1,50010/240.26 mi-2
£1,35012/240.3 miHigh Street, London Colney, St Albans2
£1,50012/240.4 mi-2
£1,35012/240.41 miHigh Street, London Colney, High Street, AL2, AL22
£1,25012/240.47 miWyedale, London Colney2
£2,45012/240.58 miShenley Lane, London Colney, St. Albans, AL2 1AH2
£1,75012/240.58 miKings Road, London Colney2
£1,40012/240.6 miEskdale, London Colney, St Albans2
£1,50012/240.62 miNapier Close, London Colney, AL22

Local Area Statistics

Population in AL2

23,314

Population in St Albans

114,693

Town centre distance

2.15 miles away

Nearest school

0.20 miles away

Nearest train station

2.01 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Balanced market

Capital growth (5yrs)

+12%

Property History

Price changed to £239,950

March 16, 2025

Listed for £250,000

November 7, 2024

Floor Plans

Description

  • Top Floor Apartment +
  • Two Bedrooms +
  • Large Lounge/Diner +
  • Recently Repainted +
  • Residence Parking +
  • Communal Gardens +
  • Great Location! +
  • Chain Free! +

This TOP FLOOR APARTMENT has recently been repainted throughout. Boasting UNINTERRUPTED VIEWS, this property also benefits from an ATTIC FOR STORAGE. Ideally situated for shops, schools, amenities, riverside walks and with GREAT ROAD and TRANSPORT LINKS. This property is OFFERED CHAIN FREE!

Accommodation Comprises

Secure Entrance Lobby: stairs to all floors

Entrance Hall

Lounge/Diner: 15'6" x 11'0" (4.72m x 3.35m)

Kitchen: 8'6" x 8'3" (2.59m x 2.51m)

Bedroom One: 12'6" x 11'0" (3.81m x 3.35m)

Bedroom Two: 9'7" x 7'0" (2.92m x 2.13m)

Bathroom: 6'8" x 6'5" (2.03m x 1.96m)

Attic: exclusive use of attic

Leasehold Information: 118 years remaining
Ground rent £250 pa
Service Charge £1380

Exterior

Communal Gardens: Green space for residents to enjoy, washing line facilities

Parking: Residents parking - first come first served basis

Agent Details

Oliver & Akers Estate Agents, St. Albans

01923 961123

Next Steps?

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