2 Bed Flat, Single Let, Harpenden, AL5 4DE, £525,000

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

Leasehold
BTL
~68 m²
+3 photos

ValuationOvervalued

Sold Prices£215K - £760K
Sold Prices/m²£3.5K/m² - £7.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£7.7K/m²

Value Estimate

£348,461

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£131,250

Stamp Duty & Legal Fees

£30,700

Total Cash In

£161,950

 

 

Cash Out

 

Rent Range

£1,100 - £1,650

Rent Estimate

£1,200

Running Costs/mo

£1,901

Cashflow/mo

£-701

Cashflow/yr

£-8,407

Gross Yield

3%

Local Sold Prices

46 sold prices from £215K to £760K, average is £339K. £3.5K/m² to £7.9K/m², average is £5.3K/m².

PriceDateDistanceAddressBeds 
£290K11/230.14 miApartment 12, Roundwood Court, Roundwood Lane, Harpenden, Hertfordshire AL5 3BJ2
£300K12/200.14 miApartment 11, Roundwood Court, Roundwood Lane, Harpenden, Hertfordshire AL5 3BJ2
£396.9K12/200.14 miApartment 4, Roundwood Court, Roundwood Lane, Harpenden, Hertfordshire AL5 3BJ2
£485K05/210.18 mi20a, Clarence Road, Harpenden, Hertfordshire AL5 4AH2
£760K06/230.42 miFlat 5, Gerard Court, Hitherfield Lane, Harpenden, Hertfordshire AL5 4JA2
£425K06/210.63 mi1a, St James Road, Harpenden, Hertfordshire AL5 4NX2
£395K04/230.66 mi4, The Putterills, Harpenden, Hertfordshire AL5 4DZ2
£392.5K11/200.68 mi10, Rothamsted Court, Harpenden, Hertfordshire AL5 2BZ2
£417.5K06/210.68 mi9, Rothamsted Court, Harpenden, Hertfordshire AL5 2BZ2
£380K04/240.68 mi5, Rothamsted Court, Harpenden, Hertfordshire AL5 2BZ2
£286.5K10/210.86 mi56, Coldharbour Lane, Harpenden, Hertfordshire AL5 4NH2
£265K06/210.86 mi76, Coldharbour Lane, Harpenden, Hertfordshire AL5 4NH2
£280.5K10/220.89 mi1b, Arden Grove, Harpenden, Hertfordshire AL5 4SJ2
£330K12/220.93 mi7, Millstone Way, Harpenden, Hertfordshire AL5 5FE2
£266K04/210.98 mi39, Northfield Road, Harpenden, Hertfordshire AL5 5JA2
£315K02/230.98 miFlat 45, Balfour Court, Station Road, Harpenden, Hertfordshire AL5 4XT2
£365K11/221.01 miFlat 1, Stephens Court, Station Road, Harpenden, Hertfordshire AL5 4FE2
£288K06/211.01 miFlat 22, Balfour Court, Station Road, Harpenden, Hertfordshire AL5 4XS2
£305K10/221.01 miFlat 15, Balfour Court, Station Road, Harpenden, Hertfordshire AL5 4XS2
£325K11/221.01 miFlat 12, Balfour Court, Station Road, Harpenden, Hertfordshire AL5 4XS2
£335K08/231.01 miFlat 4, Balfour Court, Station Road, Harpenden, Hertfordshire AL5 4XS2
£360K03/211.01 mi82, Overstone Road, Harpenden, Hertfordshire AL5 5PJ2
£330K05/211.03 mi6, Mallard Mews, Harpenden, Hertfordshire AL5 4UX2
£325K05/211.06 miFlat 38, Stephens Court, Station Road, Harpenden, Hertfordshire AL5 4FE2
£315K06/211.07 miFlat 26, Stephens Court, Station Road, Harpenden, Hertfordshire AL5 4FE2
£356K06/211.07 miFlat 45, Stephens Court, Station Road, Harpenden, Hertfordshire AL5 4FE2
£335K01/241.07 miStephens Court, Flat 30, Station Road, Harpenden, Hertfordshire AL5 4FE2
£320K10/201.07 miFlat 18, Stephens Court, Station Road, Harpenden, Hertfordshire AL5 4FE2
£350K06/211.07 miFlat 19, Stephens Court, Station Road, Harpenden, Hertfordshire AL5 4FE2
£342.5K11/231.07 miFlat 36, Stephens Court, Station Road, Harpenden, Hertfordshire AL5 4FE2
£360K07/241.07 miStephens Court, Flat 21, Station Road, Harpenden, Hertfordshire AL5 4FE2
£395K05/211.07 mi84, Overstone Road, Harpenden, Hertfordshire AL5 5PJ2
£355K09/211.07 miFlat 14, Stephens Court, Station Road, Harpenden, Hertfordshire AL5 4FE2
£675K05/211.08 mi11, Sir Josephs Walk, Harpenden, Hertfordshire AL5 2DT2
£415K12/231.15 mi94, Overstone Road, Harpenden, Hertfordshire AL5 5PL2
£365K01/231.15 mi11, Gilpin Green, Harpenden, Hertfordshire AL5 5NP2
£365K10/221.15 mi35, Gilpin Green, Harpenden, Hertfordshire AL5 5NP2
£345K03/241.15 mi7, Gilpin Green, Harpenden, Hertfordshire AL5 5NP2
£327.5K06/231.16 mi23, Aysgarth Close, Harpenden, Hertfordshire AL5 5UG2
£215K05/211.19 mi99, Pickford Hill, Harpenden, Hertfordshire AL5 5HQ2
£330K01/241.28 mi62, Tallents Crescent, Harpenden, Hertfordshire AL5 5BS2
£300K12/221.36 mi5, Bowling Close, Harpenden, Hertfordshire AL5 1QP2
£338K10/201.93 mi56, Oakley Road, Harpenden, Hertfordshire AL5 1HJ2
£299.5K01/211.93 mi46, Oakley Road, Harpenden, Hertfordshire AL5 1HJ2
£340K12/201.93 mi26, Oakley Road, Harpenden, Hertfordshire AL5 1HJ2
£350K04/231.93 mi24, Oakley Road, Harpenden, Hertfordshire AL5 1HJ2

Local Rents

12 rents from £1.1K/mo to £1.6K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,60012/240.06 miHillside Road, Harpenden, AL52
£1,20012/240.07 miHillside Road, Harpenden, AL52
£1,40012/240.14 miRoundwood Lane, Harpenden2
£1,40012/240.26 miHollybush Lane, Harpenden, AL52
£1,40012/240.26 miHollybush Lane, Harpenden, AL52
£1,37512/240.29 mi-2
£1,42505/240.29 mi-2
£1,65012/240.48 mi-2
£1,60007/240.53 mi-2
£1,30012/240.55 mi-2
£1,10012/240.55 mi-2
£1,20010/240.59 mi-2

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 £525,000

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 +

Offered for sale with no onward chain is this truly stunning two bedroom apartment, situated on the second floor (lift access) of this exceptional new development on Bloomfield Road, just over a mile from Harpenden town centre and mainline railway station.

Reed Place is an exclusive gated new build development of just 14 stunning 1, 2 and 3 bedroom apartments all presented to an exacting standard by renowned developer Bridgewater Homes. The apartments are equipped with high end features, including Porcelanosa kitchen cabinets and flooring, Siemens appliances, Italian designed Fortessa Ironmongery, hardwood factory finished windows and doors and underfloor heating throughout. Outside the building, properties benefit from gated access to the car park with each unit having its own electric vehicle charger.

Number 12 Reed Place is a two double bedroom apartment with open plan kitchen/living room, family bathroom and en suite shower room to the larger bedroom.

Lease length – 999 years
Service charge – approximately £1100-£1300
Ground rent – zero

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.

FHP220256/1

Agent Details

Frost's, Harpenden

01582 377376

Next Steps?

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