2 Bed Flat, Single Let, St Albans, AL2 1TH, £265,000

Wyedale, London Colney, AL2 1TH - 1 views - 3 months ago

Sold STC

BTL

ROI: 3%

~68 m²

ValuationUndervalued

Sold Prices	£210K - £350K
Sold Prices/m²	£4.1K/m² - £6.6K/m²

Square Metres	~68.11 m²
Price/m²	£3.9K/m²
Value Estimate	£320,223£320,223
BMV	21%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£66,250£66,250
Stamp Duty & Legal Fees	£9,900£9,900
Total Cash In	£76,150£76,150

Cash Out
Rent Range	£1,250 - £2,450£1,250 - £2,450
Rent Estimate	£1,300
Running Costs/mo	£1,108£1,108
Cashflow/mo	£192£192
Cashflow/yr	£2,303£2,303
ROI	3%3%
Gross Yield	6%6%

Local Sold Prices

32 sold prices from £210K to £350K, average is £252.5K. £4.1K/m² to £6.6K/m², average is £4.7K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£250K	04/24	0 mi	64, Wyedale, London Colney, St Albans, Hertfordshire AL2 1TH	£4,717	53	2	Flat
£250K	10/22	0 mi	66, Wyedale, London Colney, St Albans, Hertfordshire AL2 1TH	-	-	2	Flat
£249K	02/23	0 mi	74, Wyedale, London Colney, St Albans, Hertfordshire AL2 1TH	£4,324	58	2	Flat
£233K	06/23	0.08 mi	22, Eskdale, London Colney, St Albans, Hertfordshire AL2 1TJ	£4,315	54	2	Flat
£235K	08/23	0.08 mi	26, Eskdale, London Colney, St Albans, Hertfordshire AL2 1TJ	£4,434	53	2	Flat
£233K	06/21	0.09 mi	21, Wyedale, London Colney, St. Albans, Hertfordshire AL2 1TG	£4,481	52	2	Flat
£245K	10/23	0.09 mi	22, Wyedale, London Colney, St Albans, Hertfordshire AL2 1TG	£5,000	49	2	Flat
£210K	03/21	0.09 mi	22, Wyedale, London Colney, St. Albans, Hertfordshire AL2 1TG	£4,286	49	2	Flat
£250K	08/21	0.13 mi	9, Ribbledale, London Colney, St Albans, Hertfordshire AL2 1TD	£4,717	53	2	Flat
£245K	06/21	0.15 mi	13, Watersplash Court, London Colney, St. Albans, Hertfordshire AL2 1TN	£6,622	37	2	Flat
£255K	08/23	0.15 mi	11, Watersplash Court, London Colney, St Albans, Hertfordshire AL2 1TN	£5,204	49	2	Flat
£245K	02/21	0.15 mi	24, Watersplash Court, London Colney, St. Albans, Hertfordshire AL2 1TN	£4,804	51	2	Flat
£250K	04/23	0.15 mi	14, Watersplash Court, London Colney, St Albans, Hertfordshire AL2 1TN	£4,808	52	2	Flat
£223K	01/24	0.15 mi	47, Thamesdale, London Colney, St Albans, Hertfordshire AL2 1TA	£4,551	49	2	Flat
£227.5K	01/21	0.52 mi	36, Meadow Close, London Colney, St. Albans, Hertfordshire AL2 1RH	£4,375	52	2	Flat
£222K	06/21	0.55 mi	50, Hardwicke Place, London Colney, St. Albans, Hertfordshire AL2 1PX	£4,531	49	2	Flat
£280K	09/22	0.56 mi	21, Meadow Close, London Colney, St Albans, Hertfordshire AL2 1RQ	-	-	2	Flat
£299.5K	12/20	0.58 mi	23, Meadow Close, London Colney, St. Albans, Hertfordshire AL2 1RQ	£5,873	51	2	Flat
£295K	10/22	0.58 mi	13, Meadow Close, London Colney, St Albans, Hertfordshire AL2 1RQ	-	-	2	Flat
£329.9K	12/22	0.58 mi	16, Kennedy Close, London Colney, St Albans, Hertfordshire AL2 1GR	£5,069	65	2	Flat
£335K	03/23	0.59 mi	2, Meadow Close, London Colney, St Albans, Hertfordshire AL2 1RQ	-	-	2	Flat
£350K	09/22	0.6 mi	8, Sanders Close, London Colney, St Albans, Hertfordshire AL2 1NZ	£5,158	68	2	Flat
£297K	09/21	0.6 mi	32, Sanders Close, London Colney, St Albans, Hertfordshire AL2 1NZ	-	-	2	Flat
£300K	11/20	0.6 mi	6, Sanders Close, London Colney, St. Albans, Hertfordshire AL2 1NZ	£4,348	69	2	Flat
£325K	12/20	0.61 mi	83, St Annes Road, London Colney, St. Albans, Hertfordshire AL2 1PA	£5,078	64	2	Flat
£278K	11/22	0.64 mi	Flat 3, Heather Court, St Annes Road, London Colney, St Albans, Hertfordshire AL2 1HQ	-	-	2	Flat
£325K	01/21	0.65 mi	17, Bluett Road, London Colney, St. Albans, Hertfordshire AL2 1RN	£4,851	67	2	Flat
£315K	11/20	0.65 mi	16, Bluett Road, London Colney, St Albans, Hertfordshire AL2 1RN	£4,650	68	2	Flat
£315K	05/21	0.66 mi	10, Bluett Road, London Colney, St. Albans, Hertfordshire AL2 1RN	£4,701	67	2	Flat
£285K	04/21	0.76 mi	6, Chester Gibbons Green, London Colney, St Albans, Hertfordshire AL2 1HE	£4,831	59	2	Flat
£245K	11/22	0.76 mi	196a, High Street, London Colney, St Albans, Hertfordshire AL2 1JQ	£4,083	60	2	Flat
£280K	08/23	0.76 mi	40, Haseldine Road, London Colney, St Albans, Hertfordshire AL2 1RT	-	-	2	Flat

Local Rents

16 rents from £1.3K/mo to £2.5K/mo, average is £1.5K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,400	12/24	0.08 mi	Eskdale, London Colney, St Albans	2	Flat
£1,250	12/24	0.09 mi	Wyedale, London Colney	2	Flat
£1,500	12/24	0.15 mi	-	2	Flat
£1,300	12/24	0.51 mi	Meadow Close, London Colney, St Albans, Herts, AL2	2	Flat
£1,425	12/24	0.55 mi	Hardwicke Place, London Colney, St Albans	2	Flat
£1,300	10/24	0.56 mi	-	2	Flat
£1,350	12/24	0.66 mi	High Street, London Colney, St Albans	2	Flat
£1,500	10/24	0.77 mi	-	2	Terraced House
£1,500	12/24	0.83 mi	Napier Close, London Colney, AL2	2	Terraced House
£2,450	12/24	0.93 mi	Shenley Lane, London Colney, St. Albans, AL2 1AH	2	Flat
£1,350	12/24	0.94 mi	High Street, London Colney, High Street, AL2, AL2	2	Flat
£1,550	10/24	1 mi	Harper Lane, Shenley, Radlett	2	Flat
£1,750	12/24	1.08 mi	Kings Road, London Colney	2	Terraced House
£1,499	04/25	1.12 mi	-	2	Flat
£1,550	12/24	1.2 mi	Shenley Lane, St. Albans, Hertfordshire, AL2 1FE	2	Flat
£1,450	02/24	1.21 mi	-	2	Flat

Local Area Statistics

Population in AL2	23,31423,314
Population in St Albans	114,693114,693
Town centre distance	2.57 miles away2.57 miles away
Nearest school	0.80 miles away0.80 miles away
Nearest train station	2.54 miles away2.54 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+3%+3%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+12%+12%

Property History

Listed for £265,000

January 16, 2025

Floor Plans

Description

First Floor Flat +
Two Bedrooms +
Lounge/ Diner +
Recently Redecorated +
Gas Central Heating +
Residents Parking +
Long Lease/Low Charges +
Chain Free! +

This FIRST FLOOR FLAT benefits from LARGER THAN AVERAGE ROOM SIZES and GAS CENTRAL HEATING. Also benefitting from a LEASE IN EXCESS OF 140 YEARS and LOW CHARGES, this property is offered CHAIN FREE!
This generous property is situated in a POPULAR LOCATION, with SHOPS, ROAD AND TRANSPORT LINKS ON THE DOORSTEP.
RECENTLY REDECORATED THROUGHOUT (including new carpets) and with a NEW BOILER installed in October 2024 and new windows and radiators in 2018.

Accommodation Comprises

Communal Entrance Lobby

Entrance Hall

Lounge/Diner: 18'0" x 10'8" (5.49m x 3.25m)

Kitchen: 8'8" x 7'2" (2.64m x 2.18m)

Bedroom One: 16'0" x 9'4" (4.88m x 2.84m)

Bedroom Two: 10'0" x 6'9" (3.05m x 2.06m)

Bathroom

Exterior

Communal Grounds

Residents Parking

Lease Information: lease expires in 2168
service charge £66 pcm
zero ground rent

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 💪

Similar Properties

Like this property? Maybe you'll like these ones close by too.

Sold STC

4 Bed House, Single Let, St Albans, AL2 1TB

£700,000

3 views • 5 months ago • 100 m²

4 Bed House, Single Let, St Albans, AL2 1TB

£550,000

5 views • a year ago • 129 m²

Sold STC

2 Bed Flat, Single Let, St Albans, AL2 1TJ

£234,950

6 views • 6 months ago • 68 m²

3 Bed House, Single Let, St Albans, AL2 1TB

£520,000

1 views • 2 months ago • 93 m²

2 Bed Flat, Single Let, St Albans, AL2 1TH, £265,000

ValuationUndervalued

CashflowsOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

Similar Properties

4 Bed House, Single Let, St Albans, AL2 1TB

4 Bed House, Single Let, St Albans, AL2 1TB

2 Bed Flat, Single Let, St Albans, AL2 1TJ

3 Bed House, Single Let, St Albans, AL2 1TB

Cashflows

Local Sold Prices

Local Rents