4 Bed Terraced House, Single Let, St Albans, AL2 2RS, £460,000

Alder Close, Park Street, St. Albans, AL2 2RS - 5 views - 5 months ago

BTL
ROI: 3%
~129 m²
+10 photos

ValuationUndervalued

Sold Prices£433K - £1.1M
Sold Prices/m²£4K/m² - £9K/m²

 

 

Square Metres

~129.26 m²
Price/m²£3.6K/m²

Value Estimate

£556,600
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£115,000

Stamp Duty & Legal Fees

£25,500

Total Cash In

£140,500

 

 

Cash Out

 

Rent Range

£1,500 - £10,000

Rent Estimate

£2,206

Running Costs/mo

£1,899

Cashflow/mo

£307

Cashflow/yr

£3,688

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £433K to £1.1M, average is £733.8K. £4K/m² to £9K/m², average is £5.5K/m².

PriceDateDistanceAddressBeds 
£800K01/240.06 mi47, Burston Drive, Park Street, St Albans, Hertfordshire AL2 2HP4
£960K10/210.06 mi42, Burston Drive, Park Street, St Albans, Hertfordshire AL2 2HP4
£690K02/230.1 mi5, How Wood, Park Street, St Albans, Hertfordshire AL2 2QY4
£850K03/210.12 mi15, The Mall, Park Street, St. Albans, Hertfordshire AL2 2HT4
£740K06/210.17 mi8, The Mall, Park Street, St. Albans, Hertfordshire AL2 2HT4
£622.5K06/230.18 mi1, Birchwood Way, Park Street, St Albans, Hertfordshire AL2 2SE4
£815K11/220.18 mi17, Ringway Road, Park Street, St Albans, Hertfordshire AL2 2RE4
£740K12/220.19 mi1, Balmoral Close, Park Street, St Albans, Hertfordshire AL2 2AF4
£640K06/230.19 mi151, Park Street Lane, Park Street, St Albans, Hertfordshire AL2 2AZ4
£590K11/210.21 mi12, Pilgrim Close, Park Street, St Albans, Hertfordshire AL2 2JD4
£745K01/240.23 mi2, Heracles Close, Park Street, St Albans, Hertfordshire AL2 2JN4
£655K09/230.26 mi5, Mayflower Road, Park Street, St Albans, Hertfordshire AL2 2QP4
£750K06/210.27 mi14, Homestead Close, Park Street, St Albans, Hertfordshire AL2 2TB4
£725K06/210.28 mi20, Hazel Road, Park Street, St Albans, Hertfordshire AL2 2AJ4
£705K03/210.31 mi9, Hazel Road, Park Street, St. Albans, Hertfordshire AL2 2AH4
£970K08/210.34 mi184, Tippendell Lane, Park Street, St. Albans, Hertfordshire AL2 2HZ4
£900K02/210.39 mi3, Black Green Wood Close, Park Street, St. Albans, Hertfordshire AL2 2AE4
£775K02/210.47 mi42, Orchard Drive, Park Street, St Albans, Hertfordshire AL2 2QG4
£765K06/210.52 mi4, Driftwood Avenue, St Albans, Hertfordshire AL2 3DE4
£647.1K01/210.52 mi11a, Driftwood Avenue, St. Albans, Hertfordshire AL2 3DE4
£650K11/200.53 mi48, Tennyson Road, St. Albans, Hertfordshire AL2 3HY4
£760K05/210.53 mi23, Hawfield Gardens, Park Street, St Albans, Hertfordshire AL2 2PB4
£702K02/210.55 mi22, Old Orchard, Park Street, St Albans, Hertfordshire AL2 2QB4
£655K11/210.59 mi2b, Hawfield Gardens, Park Street, St. Albans, Hertfordshire AL2 2PD4
£670K02/210.61 mi371, Watford Road, St Albans, Hertfordshire AL2 3DD4
£800K07/230.61 mi369, Watford Road, St Albans, Hertfordshire AL2 3DD4
£730K04/230.64 mi10, Carisbrooke Road, St Albans, Hertfordshire AL2 3HR4
£725K10/230.64 mi2, Carisbrooke Road, St Albans, Hertfordshire AL2 3HR4
£525K06/210.67 mi214, Watling Street, Park Street, St Albans, Hertfordshire AL2 2PA4
£572.5K02/210.67 mi238, Watling Street, Park Street, St Albans, Hertfordshire AL2 2PA4
£1.1M05/230.68 mi28, Farringford Close, St Albans, Hertfordshire AL2 3HS4
£905K06/210.7 mi349, Watford Road, St. Albans, Hertfordshire AL2 3DB4
£750K04/210.7 mi25, Forge End, St. Albans, Hertfordshire AL2 3EQ4
£1.0M06/230.74 mi27, Tippendell Lane, St Albans, Hertfordshire AL2 3HW4
£452.5K06/210.74 mi59, Radlett Road, Frogmore, St. Albans, Hertfordshire AL2 2JX4
£660K11/230.79 mi1a, Barry Close, St Albans, Hertfordshire AL2 3HN4
£910K04/210.83 miLye Cottage, Lye Lane, Bricket Wood, St Albans, Hertfordshire AL2 3TQ4
£780K06/210.85 mi22, Laburnum Grove, St Albans, Hertfordshire AL2 3HQ4
£925K03/210.85 mi23, Laburnum Grove, St Albans, Hertfordshire AL2 3HQ4
£450K04/210.87 mi70, West Riding, Bricket Wood, St. Albans, Hertfordshire AL2 3QQ4
£690K08/230.87 mi58, West Riding, Bricket Wood, St Albans, Hertfordshire AL2 3QQ4
£750K09/230.87 mi12, The Meads, Bricket Wood, St Albans, Hertfordshire AL2 3QJ4
£590K03/230.87 mi7, The Meads, Bricket Wood, St Albans, Hertfordshire AL2 3QJ4
£605K03/210.89 mi21, Mount Drive, Park Street, St. Albans, Hertfordshire AL2 2NP4
£862K11/200.9 mi27, Mount Drive, Park Street, St. Albans, Hertfordshire AL2 2NP4
£433K03/210.93 mi3, Upton Close, Park Street, St Albans, Hertfordshire AL2 2NR4
£735K06/230.93 mi39, West Riding, Bricket Wood, St Albans, Hertfordshire AL2 3QD4
£680K03/210.93 mi1, Cuckmans Drive, St Albans, Hertfordshire AL2 3AP4
£732.5K09/210.95 miOak Tree Cottage, 2a, North Riding, Bricket Wood, St. Albans, Hertfordshire AL2 3LH4
£740K01/210.96 mi2, Stanmount Road, St. Albans, Hertfordshire AL2 3AG4

Local Rents

21 rents from £1.5K/mo to £10K/mo, average is £2.5K/mo.

RentDateDistanceAddressBeds 
£2,00011/240.26 mi-3
£2,55011/240.26 mi-3
£1,95002/250.31 mi-3
£2,55011/240.31 mi-3
£10,00012/240.45 miPark Street Lane, Park Street, St. Albans, Hertfordshire6
£2,50011/240.52 mi-3
£2,50012/240.64 miFrogmore, ST. ALBANS3
£2,50012/240.67 miWatling Street Park Street AL23
£2,50012/240.72 miWatling Street, Park Street, St. Albans, Hertfordshire, AL23
£3,40012/240.86 miWatford Road5
£2,50003/250.88 mi-3
£3,40012/240.9 miWatford Road, St Albans, St. Albans, AL25
£4,95012/240.92 miPercy Drive, Bricket Wood, St. Albans, Hertfordshire, AL24
£2,20012/240.96 mi-3
£2,25012/240.97 miStanmount Road, St. Albans, Hertfordshire3
£1,50001/240.99 mi-3
£3,75012/241.01 miHastings Close, Bricket Wood, St. Albans, Hertfordshire4
£4,95012/241.04 miHanstead House, Bricket Wood, St. Albans3
£2,20011/241.16 mi-4
£2,65010/241.17 mi-4
£2,50012/241.18 mi-3

Local Area Statistics

Population in AL2

23,314

Population in St Albans

114,693

Town centre distance

1.86 miles away

Nearest school

0.30 miles away

Nearest train station

0.23 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Balanced market

Capital growth (5yrs)

+12%

Property History

Listed for £460,000

November 13, 2024

Floor Plans

Description

  • Four Bedrooms +
  • End of Terrace +
  • Large Lounge +
  • Modern Fitted Kitchen/Breakfast Room +
  • Cloakroom +
  • Family Bathroom +
  • Well-Maintained Rear Garden with Side Access +
  • Cul-De-Sac Location +
  • Chain Free +

Nestled in a quiet cul-de-sac, this spacious four-bedroom end-of-terrace home offers plenty of potential for personalization, making it an ideal opportunity to create your dream living space. Upon entry, you are welcomed by a generous entrance hall with ample storage and access to a front-facing lounge. Toward the rear, a fully fitted modern kitchen and breakfast room await, perfect for casual dining. The ground floor is completed by a convenient downstairs cloakroom.

Upstairs, a bright and airy landing leads to four well-sized bedrooms, a family bathroom, and additional storage. Outside, the property features a well-maintained rear garden with a large patio area, side access, and a front garden. Offered chain-free, this home is ready for you to make it your own.

Agent Details

JW&Co, St Albans

01727 649256

Next Steps?

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