3 Bed Flat, Single Let, Harpenden, AL5 4DE, £725,000

Bloomfield Road, Harpenden, Hertfordshire, AL5 4DE - 1 views - 3 months ago

Leasehold
BTL
~93 m²
+3 photos

ValuationOvervalued

Sold Prices£610K - £980K
Sold Prices/m²£5.9K/m² - £8.6K/m²

 

 

Square Metres

~93 m²
Price/m²£7.8K/m²

Value Estimate

£646,695

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£181,250

Stamp Duty & Legal Fees

£46,700

Total Cash In

£227,950

 

 

Cash Out

 

Rent Range

£1,950 - £4,000

Rent Estimate

£1,963

Running Costs/mo

£2,678

Cashflow/mo

£-715

Cashflow/yr

£-8,583

Gross Yield

3%

Local Sold Prices

7 sold prices from £610K to £980K, average is £735K. £5.9K/m² to £8.6K/m², average is £6.9K/m².

PriceDateDistanceAddressBeds 
£690K02/240.42 miGerard Court, Flat 9, Hitherfield Lane, Harpenden, Hertfordshire AL5 4JA3
£822.5K03/210.42 miFlat 10, Gerard Court, Hitherfield Lane, Harpenden, Hertfordshire AL5 4JA3
£885K02/210.42 miFlat 7, Gerard Court, Hitherfield Lane, Harpenden, Hertfordshire AL5 4JA3
£980K05/210.43 miFlat 7, Cornelia Court, Hitherfield Lane, Harpenden, Hertfordshire AL5 4JF3
£735K02/230.5 mi9b, Rosebery Avenue, Harpenden, Hertfordshire AL5 2QT3
£640K03/230.78 mi5, Amenbury Court, Harpenden, Hertfordshire AL5 2BU3
£610K05/211.76 mi4, Eastmoor Park, Harpenden, Hertfordshire AL5 1BW3

Local Rents

24 rents from £1.9K/mo to £4K/mo, average is £2.3K/mo.

RentDateDistanceAddressBeds 
£2,20012/240.32 miDouglas Road, Harpenden, Hertfordshire, AL53
£2,10012/240.37 miOld Rectory Close, Harpenden, AL53
£2,15003/240.46 mi-3
£2,20003/250.48 mi-3
£2,09508/240.5 mi-3
£2,30012/240.5 miDell Close, Harpenden, Hertfordshire3
£2,35012/240.58 mi-3
£2,35002/250.58 mi-3
£3,30012/240.6 miKirkwick Avenue, Harpenden3
£2,50012/240.62 miMaldon Court, Carlton Road, Harpenden, AL53
£2,20002/250.66 mi-3
£2,20012/240.66 miHyde View Road, Harpenden, AL53
£2,60010/240.68 mi-3
£2,10010/240.69 mi-3
£1,95012/240.75 miHigh Street, Harpenden, AL53
£2,30012/240.77 miCornwall Road, Harpenden, Hertfordshire, AL53
£3,25012/240.8 miWilloughby Road, Harpenden, AL53
£2,45012/240.81 miAmenbury Lane, Harpenden, AL53
£2,15012/240.92 miKipling Way, Harpenden, AL53
£1,95012/240.93 miKipling Way, Harpenden, AL53
£2,60002/250.94 mi-3
£2,65002/250.94 mi-3
£4,00012/241 miGibbs Close, Harpenden, Hertfordshire, AL53
£2,00012/241.04 mi-3

Local Area Statistics

Population in AL5

30,462

Town centre distance

0.46 miles away

Nearest school

0.30 miles away

Nearest train station

0.88 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Seller's market

Capital growth (5yrs)

+17%

Property History

Listed for £725,000

January 17, 2025

Description

  • Krion worktops & Porcelanosa cabinets in the kitchen +
  • Luxury Porcelanosa Kingdom flooring to hallway and kitchen/diner +
  • Bathroom & En-Suite +
  • Lift access +
  • Gated access to the drive/car park with bell entry +
  • Entrance ramp fitted with heating elements to avoid ice in winter +
  • Each plot will have an EV charger +

A unique development of 14 high end apartments set over 5 floors, offering an excellent selection of 1, 2 and 3 bedroom apartments, some with private outside space.

The development will have many eco-friendly features and provides 21 underground parking spaces. Bloomfield Road is a mature and popular residential road to the North West of Harpenden Town Centre.

CONVEYANCING

Through our partners Frost's Conveyancing, we can introduce you to solicitors who specialise in conveyancing. Ask us for further information today.

MORTGAGES

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Exclusive deals are made available to Embrace Financial Services by PRIMIS Mortgage Network, to which Embrace Financial Services are an Appointed Representative

Frosts Estate Agents is an Introducer Appointed Representative of PRIMIS Mortgage Network, a trading name of First Complete Limited which is authorised and regulated by the Financial Conduct Authority for mortgages, protection insurance and general insurance products.

Embrace Financial Services Ltd. is an Appointed Representative of PRIMIS Mortgage Network, a trading name of First Complete Ltd which is authorised and regulated by the Financial Conduct Authority.

LETTINGS and MANAGEMENT

We offer a complete range of services for Landlords, from fully managed lets to advertising only. Each Landlord who chooses full management has a personal Property Manager and all our fees are based on a ‘no let - no fee’ basis.

DISCLAIMER

These particulars are a general guide only. They do not form part of any contract. Services, systems and appliances have not been tested.

BUYERS INFORMATION

To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers. We use the services of a third party, Lifetime Legal, who will contact you directly at an agreed time to do this. They will need the full name, date of birth and current address of all buyers. There is a nominal charge of £60 plus VAT for this (for the transaction not per person), payable direct to Lifetime Legal. Please note, we are unable to issue a memorandum of sale until the checks are complete.

REFERRAL FEES

We may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying. We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider. The ancillary service provider may be an associated company of Frost's.

FHP220251/1

Agent Details

Frost's, Harpenden

01582 377376

Next Steps?

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