2 Bed Semi-Detached House, Refurb/BRRR, St Albans, AL3 5HP, £425,000

Watson Avenue, St. Albans, Hertfordshire, AL3 5HP - 3 months ago

Sold STC
Refurb/BRRR
~78 m²
+8 photos

ValuationFair Value

Sold Prices£285.8K - £765K
Sold Prices/m²£4.3K/m² - £10.1K/m²

 

 

Square Metres

~78.42 m²
Price/m²£5.4K/m²

Value Estimate

£425,000

 

 

End Value (After Refurb)

£577,439

Uplift in Value

+36%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£33,700

Refurb Costs

£38,357

Bridging Loan Interest

£11,156

Total Cash In

£191,213

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£577,439

Agent Fees (1%)

£5,774

Bridging Loan

£318,750

Bridging Loan Interest

£11,156

Flip Profit

£61,702

Local Sold Prices

50 sold prices from £285.8K to £765K, average is £482.3K. £4.3K/m² to £10.1K/m², average is £7.6K/m².

PriceDateDistanceAddressBeds 
£382.5K04/210 mi43, Watson Avenue, St. Albans, Hertfordshire AL3 5HP2
£415K12/200.07 mi6, Marshall Avenue, St Albans, Hertfordshire AL3 5HT2
£475K12/220.08 mi6, Marshall Avenue, St Albans, Hertfordshire AL3 5HT2
£465.9K03/210.24 mi112, Sandridge Road, St. Albans, Hertfordshire AL1 4AP2
£535K05/230.25 mi23, Upper Culver Road, St Albans, Hertfordshire AL1 4EE2
£525K10/210.25 mi49, Upper Culver Road, St. Albans, Hertfordshire AL1 4EE2
£562.5K11/200.25 mi34, Upper Culver Road, St. Albans, Hertfordshire AL1 4EE2
£475K06/210.28 mi57, Upper Heath Road, St Albans, Hertfordshire AL1 4DN2
£441.8K04/210.28 mi43, Upper Heath Road, St Albans, Hertfordshire AL1 4DN2
£475K10/230.29 mi6, Hobart Walk, St Albans, Hertfordshire AL3 6LS2
£475K08/230.29 mi20, Hobart Walk, St Albans, Hertfordshire AL3 6LS2
£482K11/200.3 mi24, Boundary Road, St Albans, Hertfordshire AL1 4EF2
£517K03/210.31 mi15, Boundary Road, St. Albans, Hertfordshire AL1 4DW2
£460K01/210.31 mi21, Boundary Road, St Albans, Hertfordshire AL1 4DW2
£455K07/230.31 mi30a, Boundary Road, St Albans, Hertfordshire AL1 4DW2
£435K09/220.33 mi26, Melbourne Close, St Albans, Hertfordshire AL3 6LU2
£462K03/210.33 mi60, Sandridge Road, St. Albans, Hertfordshire AL1 4AR2
£356K03/210.35 mi30, Canberra Close, St Albans, Hertfordshire AL3 6LP2
£595.8K01/210.37 mi26, Heath Road, St. Albans, Hertfordshire AL1 4DP2
£528K09/210.37 mi24, Culver Road, St. Albans, Hertfordshire AL1 4ED2
£765K11/220.37 mi30a, Culver Road, St Albans, Hertfordshire AL1 4ED2
£285.8K08/210.38 mi11, Culver Road, St. Albans, Hertfordshire AL1 4EB2
£550K02/210.38 mi47, Culver Road, St Albans, Hertfordshire AL1 4EB2
£540K02/210.38 mi75, Culver Road, St. Albans, Hertfordshire AL1 4EB2
£510K11/200.39 mi13a, Heath Road, St. Albans, Hertfordshire AL1 4DS2
£575K06/210.39 mi77, Heath Road, St. Albans, Hertfordshire AL1 4DS2
£560K11/230.42 mi4, Edmond Beaufort Drive, St Albans, Hertfordshire AL3 5LA2
£470K12/200.42 mi2, Edmond Beaufort Drive, St Albans, Hertfordshire AL3 5LA2
£475.5K10/210.54 mi7, Marten Gate, St. Albans, Hertfordshire AL4 9NB2
£410K01/210.54 mi19, Marten Gate, St. Albans, Hertfordshire AL4 9NB2
£515K03/210.62 mi34, Grange Street, St. Albans, Hertfordshire AL3 5NB2
£540K10/200.62 mi20, Grange Street, St Albans, Hertfordshire AL3 5NB2
£445K03/210.62 mi67, Francis Avenue, St. Albans, Hertfordshire AL3 6BW2
£450K05/230.64 mi5, High Grove, St Albans, Hertfordshire AL3 5SU2
£387.5K11/200.64 mi2, High Grove, St. Albans, Hertfordshire AL3 5SU2
£525K11/200.64 mi47, Grange Street, St Albans, Hertfordshire AL3 5NA2
£525K01/240.64 mi45, Grange Street, St Albans, Hertfordshire AL3 5NA2
£497.5K07/230.64 mi7, Grange Street, St Albans, Hertfordshire AL3 5NA2
£655K08/240.64 mi41, Grange Street, St Albans, Hertfordshire AL3 5NA2
£482.5K03/210.65 mi10, Dalton Street, St. Albans, Hertfordshire AL3 5QJ2
£610K04/240.65 mi10a, Dalton Street, St Albans, Hertfordshire AL3 5QJ2
£600K12/220.65 mi40, Dalton Street, St Albans, Hertfordshire AL3 5QJ2
£390K02/210.65 mi10, Carnegie Road, St Albans, Hertfordshire AL3 6HL2
£507K07/230.65 mi8, Birchmead Close, St Albans, Hertfordshire AL3 6BS2
£470K03/240.66 mi24, Brecken Close, St Albans, Hertfordshire AL4 9LF2
£400K03/210.66 mi26, Brecken Close, St. Albans, Hertfordshire AL4 9LF2
£475K08/210.67 mi24, Bernard Street, St. Albans, Hertfordshire AL3 5QN2
£535K03/210.67 mi50, Bernard Street, St. Albans, Hertfordshire AL3 5QN2
£624K12/230.67 mi46, Bernard Street, St Albans, Hertfordshire AL3 5QN2
£540K07/240.67 mi22, Bernard Street, St Albans, Hertfordshire AL3 5QN2

Local Rents

15 rents from £1.4K/mo to £1.9K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,65012/240.24 miBeech Road, 29-31 Beech Road, St Albans, AL32
£1,60012/240.27 miSandridge Road, St Albans, Hertfordshire, AL12
£1,35012/240.31 miBoundary Road2
£1,70012/240.39 miCharmouth Road, St. Albans, Hertfordshire2
£1,45012/240.4 miSandridge Road, St. Albans, Hertfordshire, AL12
£1,90012/240.43 miSandpit Lane, St. Albans2
£1,82503/250.44 mi-2
£1,60012/240.46 miLichfield Place2
£1,45012/240.46 miPorters Wood, St Albans, Hertfordshire2
£1,50012/240.49 miRaymer Court2
£1,50012/240.49 miLemsford Road, St Albans2
£1,75012/240.51 miAvenue Road, St. Albans, Hertfordshire, AL1 3QQ2
£1,60012/240.56 miCarlisle Avenue2
£1,50002/250.59 mi-2
£1,60012/240.61 miHillside Road St. Albans AL12

Local Area Statistics

Population in AL3

27,957

Population in St Albans

114,693

Town centre distance

1.58 miles away

Nearest school

0.20 miles away

Nearest train station

0.97 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-34%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £425,000

January 25, 2025

Floor Plans

Description

A TWO BEDROOM SEMI DETACHED HOME, situated a short distance from both the CITY CENTRE and MAINLINE RAILWAY STATION. The property is offered to the market CHAIN FREE and is in need of modernisation.

The property is arranged to offer a ground-floor entrance hall, living room, kitchen, and conservatory. The first floor comprises two good-sized bedrooms and a bathroom. Externally, there is a rear garden laid to lawn and a driveway to the front.
The property benefits from its convenient location, close to local amenities, schools, and transport links, making it an ideal home for professionals, young families, or investors.

EPC Rating: TBC
Council Tax Band: C

Agent Details

Collinson Hall, St Albans

01727 649409

Next Steps?

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