3 Bed Semi-Detached House, Planning Permission, St Albans, AL3 7PB, £635,000

Harpenden Lane, Redbourn, St. Albans, AL3 7PB - 2 views - 2 months ago

Planning

~93 m²

+7 photos

ValuationOvervalued

Sold Prices	£390K - £1.2M
Sold Prices/m²	£4.3K/m² - £8.4K/m²

Square Metres	~93 m²
Price/m²	£6.8K/m²
Value Estimate	£519,070£519,070

End Value (After Refurb)	£549,500£549,500

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£158,750£158,750
Stamp Duty & Legal Fees	£39,500£39,500
Refurb Costs	£45,488£45,488
Bridging Loan Interest	£16,669£16,669
Total Cash In	£262,157£262,157

Cash Out
Monetisation	FlipRefinance & RentRefinance & Rent
Revaluation	£549,500£549,500
Mortgage (After Refinance)	£412,125£412,125
Mortgage LTV	75%75%
Cash Left In	£262,157£262,157
Equity	£137,375£137,375
Rent Range	£1,000 - £8,500£1,000 - £8,500
Rent Estimate	£2,183
Running Costs/mo	£2,174£2,174
Cashflow/mo	£9£9
Cashflow/yr	£111£111
ROI	0%0%
Gross Yield	4%4%

Local Sold Prices

47 sold prices from £390K to £1.2M, average is £552K. £4.3K/m² to £8.4K/m², average is £5.6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£620K	03/21	0.05 mi	12, Ver Road, Redbourn, St Albans, Hertfordshire AL3 7PE	£6,392	97	3	Semi-Detached House
£547K	02/23	0.05 mi	35, Ver Road, Redbourn, St Albans, Hertfordshire AL3 7PE	-	-	3	Semi-Detached House
£491.5K	01/21	0.05 mi	36, Ver Road, Redbourn, St. Albans, Hertfordshire AL3 7PE	£4,726	104	3	Semi-Detached House
£480K	03/21	0.19 mi	8, Harpenden Lane, Redbourn, St. Albans, Hertfordshire AL3 7PA	£5,581	86	3	Semi-Detached House
£475K	06/21	0.21 mi	73a, High Street, Redbourn, St Albans, Hertfordshire AL3 7LW	-	-	3	Terraced House
£700K	09/22	0.25 mi	31, Holts Meadow, Redbourn, St Albans, Hertfordshire AL3 7BW	£7,447	94	3	Detached House
£470K	08/23	0.26 mi	11, Holts Meadow, Redbourn, St Albans, Hertfordshire AL3 7BW	£5,875	80	3	Semi-Detached House
£650K	10/23	0.3 mi	Chandau, Lamb Lane, Redbourn, St Albans, Hertfordshire AL3 7BS	-	-	3	Detached House
£670K	11/20	0.32 mi	10, Crouch Hall Lane, Redbourn, St. Albans, Hertfordshire AL3 7EQ	£5,776	116	3	Detached House
£675K	11/22	0.33 mi	19, Crouch Hall Gardens, Redbourn, St Albans, Hertfordshire AL3 7EL	£8,438	80	3	Terraced House
£1.2M	06/21	0.34 mi	Friars Garth, Monks Close, Redbourn, St. Albans, Hertfordshire AL3 7LY	-	-	3	Detached House
£585K	10/23	0.35 mi	11, Aysgarth Road, Redbourn, St Albans, Hertfordshire AL3 7PJ	-	-	3	Detached House
£831K	10/23	0.39 mi	42, Lords Meadow, Redbourn, St Albans, Hertfordshire AL3 7BX	-	-	3	Detached House
£552K	06/21	0.39 mi	40, Lords Meadow, Redbourn, St. Albans, Hertfordshire AL3 7BX	£6,900	80	3	Semi-Detached House
£422.5K	04/21	0.39 mi	26, Lords Meadow, Redbourn, St. Albans, Hertfordshire AL3 7BX	-	-	3	Semi-Detached House
£550K	04/24	0.39 mi	12, Lords Meadow, Redbourn, St Albans, Hertfordshire AL3 7BX	-	-	3	Terraced House
£495K	03/21	0.43 mi	4, South Common, Redbourn, St Albans, Hertfordshire AL3 7LU	£5,568	89	3	Semi-Detached House
£585K	03/23	0.46 mi	33, Snatchup, Redbourn, St Albans, Hertfordshire AL3 7HD	-	-	3	Terraced House
£550K	06/21	0.46 mi	21, Snatchup, Redbourn, St. Albans, Hertfordshire AL3 7HD	-	-	3	Semi-Detached House
£430K	03/24	0.49 mi	54, Snatchup, Redbourn, St Albans, Hertfordshire AL3 7HB	£5,443	79	3	Semi-Detached House
£505K	11/20	0.51 mi	21, Wheatlock Mead, Redbourn, St. Albans, Hertfordshire AL3 7HS	£5,000	101	3	Semi-Detached House
£673K	06/23	0.51 mi	5, Wheatlock Mead, Redbourn, St Albans, Hertfordshire AL3 7HS	£6,290	107	3	Semi-Detached House
£580K	03/23	0.51 mi	23, Wheatlock Mead, Redbourn, St Albans, Hertfordshire AL3 7HS	£7,838	74	3	Semi-Detached House
£585K	08/24	0.52 mi	99, The Park, Redbourn, St Albans, Hertfordshire AL3 7LT	-	-	3	Bungalow
£640K	03/21	0.53 mi	12, Coopers Meadow, Redbourn, St. Albans, Hertfordshire AL3 7EY	£7,111	90	3	Semi-Detached House
£512K	11/20	0.54 mi	53a, Snatchup, Redbourn, St Albans, Hertfordshire AL3 7HF	£4,830	106	3	Semi-Detached House
£540K	03/21	0.57 mi	7, East Common, Redbourn, St. Albans, Hertfordshire AL3 7ND	£5,567	97	3	Terraced House
£587.5K	11/23	0.63 mi	77, Lybury Lane, Redbourn, St Albans, Hertfordshire AL3 7JA	£5,840	101	3	Semi-Detached House
£390K	04/21	0.63 mi	78, Hilltop, Redbourn, St. Albans, Hertfordshire AL3 7NX	£4,286	91	3	Semi-Detached House
£605K	07/23	0.64 mi	3, Chequer Lane, Redbourn, St Albans, Hertfordshire AL3 7NH	-	-	3	Semi-Detached House
£420K	07/24	0.65 mi	62, Lybury Lane, Redbourn, St Albans, Hertfordshire AL3 7JF	£5,000	84	3	Terraced House
£620K	11/22	0.66 mi	34, Nicholls Close, Redbourn, St Albans, Hertfordshire AL3 7HZ	£5,905	105	3	Semi-Detached House
£390K	06/21	0.69 mi	56, Down Edge, Redbourn, St. Albans, Hertfordshire AL3 7JR	£4,333	90	3	Terraced House
£430K	11/21	0.69 mi	68, Down Edge, Redbourn, St. Albans, Hertfordshire AL3 7JR	£4,526	95	3	Terraced House
£480K	03/24	0.74 mi	75, Tassell Hall, Redbourn, St Albans, Hertfordshire AL3 7JE	£5,393	89	3	Semi-Detached House
£557.5K	11/21	0.77 mi	11, Mansdale Road, Redbourn, St Albans, Hertfordshire AL3 7DL	-	-	3	Semi-Detached House
£650K	11/20	0.77 mi	33, West Common, Redbourn, St Albans, Hertfordshire AL3 7DF	-	-	3	Semi-Detached House
£562K	04/21	0.81 mi	10, Ben Austins, Redbourn, St Albans, Hertfordshire AL3 7DP	£5,456	103	3	Semi-Detached House
£630K	01/24	0.81 mi	6, Ben Austins, Redbourn, St Albans, Hertfordshire AL3 7DP	£6,000	105	3	Semi-Detached House
£550K	12/23	0.82 mi	13, Ben Austins, Redbourn, St Albans, Hertfordshire AL3 7DR	£5,789	95	3	Semi-Detached House
£545K	12/20	0.82 mi	27, Ben Austins, Redbourn, St Albans, Hertfordshire AL3 7DR	£5,798	94	3	Semi-Detached House
£567.5K	06/24	0.82 mi	26, Ben Austins, Redbourn, St Albans, Hertfordshire AL3 7DR	-	-	3	Semi-Detached House
£470K	02/21	0.82 mi	35, Church End, Redbourn, St Albans, Hertfordshire AL3 7DU	-	-	3	Semi-Detached House
£625K	05/24	0.82 mi	35, Church End, Redbourn, St Albans, Hertfordshire AL3 7DU	-	-	3	Semi-Detached House
£740K	03/21	0.9 mi	Lea Lodge, 1, Meadow View, Redbourn, St. Albans, Hertfordshire AL3 7QQ	-	-	3	Detached House
£542K	11/20	0.91 mi	1, Saberton Close, Redbourn, St. Albans, Hertfordshire AL3 7DS	£5,065	107	3	Semi-Detached House
£540K	01/21	0.96 mi	72, Hemel Hempstead Road, Redbourn, St. Albans, Hertfordshire AL3 7NW	£5,000	108	3	Semi-Detached House

Local Rents

50 rents from £1K/mo to £8.5K/mo, average is £1.6K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,600	11/23	0.16 mi	-	2	Flat
£1,500	12/24	0.18 mi	Flat 3 Crown House, Crown Street, Redbourn, Hertfordshire, AL3	1	Flat
£1,500	12/24	0.18 mi	Flat 4 Crown House, Crown Street, Redbourne, Hertfordshire, AL3	1	Flat
£1,400	12/24	0.18 mi	Flat 1 Crown Street, Redbourn, St. Albans, Hertfordshire, AL3	1	Flat
£1,400	12/24	0.18 mi	Flat 2 Crown Street, Redbourn, St. Albans, Hertfordshire, AL3	1	Flat
£1,250	11/23	0.18 mi	-	1	Flat
£1,250	05/24	0.18 mi	-	1	Flat
£1,150	09/23	0.19 mi	-	2	Terraced House
£1,200	08/24	0.19 mi	-	2	Terraced House
£1,300	05/23	0.21 mi	-	2	Terraced House
£1,300	07/24	0.22 mi	-	1	Flat
£1,100	07/24	0.24 mi	-	1	Flat
£1,000	12/24	0.24 mi	Shepherds Row, Redbourn, St Albans, Herts, AL3	1	Flat
£1,640	03/25	0.59 mi	-	3	Flat
£3,250	12/24	0.62 mi	105 Dunstable Road, Redbourn, Redbourn, AL3	4	Flat
£1,335	08/24	0.77 mi	-	1	Flat
£1,400	12/24	0.8 mi	Church End, Redbourn, St. Albans	2	Terraced House
£1,550	12/24	0.85 mi	Church End, Redbourn, AL3	2	Flat
£3,000	12/24	1.38 mi	Oakfield Road Harpenden AL5	5	Detached House
£3,395	12/24	1.45 mi	-	4	Detached House
£3,100	02/25	1.45 mi	-	4	Detached House
£4,250	03/25	1.45 mi	-	4	Detached House
£8,500	12/24	1.54 mi	Hatching Green Close, Harpenden, AL5	5	Detached House
£1,100	12/24	1.57 mi	-	1	Detached House
£3,300	12/24	1.65 mi	Kirkwick Avenue, Harpenden	3	Detached House
£2,000	12/24	1.66 mi	-	2	Terraced House
£3,000	12/24	1.67 mi	Brackendale Grove, Harpenden, Hertfordshire, AL5	4	Detached House
£3,850	12/24	1.69 mi	Miley Close, Harpenden, AL5	5	Detached House
£2,200	05/24	1.72 mi	-	2	Flat
£2,450	12/24	1.74 mi	Amenbury Lane, Harpenden, AL5	3	Flat
£1,250	12/24	1.77 mi	-	2	Terraced House
£2,895	12/24	1.78 mi	Park Rise Close,Harpenden,AL5	4	Detached House
£2,800	01/25	1.78 mi	-	4	Terraced House
£6,000	12/24	1.78 mi	Kirkdale Road Harpenden AL5	4	Detached House
£2,100	10/24	1.8 mi	-	3	Flat
£1,950	12/24	1.82 mi	High Street, Harpenden, AL5	3	Flat
£2,200	12/24	1.85 mi	Douglas Road, Harpenden, Hertfordshire, AL5	3	Flat
£1,500	12/24	1.85 mi	Bowers Parade, Harpenden, AL5	2	Flat
£1,600	07/24	1.86 mi	-	2	Flat
£1,300	08/24	1.86 mi	-	1	Flat
£2,100	12/24	1.86 mi	Old Rectory Close, Harpenden, AL5	3	Terraced House
£2,200	01/25	1.86 mi	-	2	Flat
£2,200	01/25	1.86 mi	-	2	Flat
£4,000	12/24	1.86 mi	Gibbs Close, Harpenden, Hertfordshire, AL5	3	Flat
£1,495	02/24	1.87 mi	-	2	Flat
£1,100	12/24	1.9 mi	Thompsons Close, Harpenden, AL5	1	Flat
£1,400	12/24	1.9 mi	Station Road, Harpenden, AL5	2	Flat
£1,400	12/24	1.9 mi	The Putterills, Thompsons Close, Harpenden, Hertfordshire, AL5	2	Flat
£1,050	12/24	1.9 mi	Arden Grove, Harpenden	1	Flat
£1,400	12/24	1.9 mi	Roundwood Lane, Harpenden	2	Flat

Local Area Statistics

Population in AL3	27,95727,957
Population in St Albans	114,693114,693
Town centre distance	4.97 miles away4.97 miles away
Nearest school	0.50 miles away0.50 miles away
Nearest train station	1.96 miles away1.96 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-34%-34%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+14%+14%

Property History

Listed for £635,000

January 28, 2025

Floor Plans

Description

150ft plus South facing garden +
Lovely counrtyside views to the front +
Home office +
Potential to extend to the rear and loft conversion (previously granted) +
Off-street parking for two cars +
Within the school catchment area +
Walking distance to Redbourn High Street +
Council Tax Band E +

Lovely character home with potential to extend (planning permission previously granted) and a fabulous 150ft south facing garden. Ideally located just a short walk from Redbourn High Street, with open countryside views to the front. Ample off-street parking and home office in the garden.

Entrance Hall -

Shower Room -

Living Room - 4.70m x 4.01m (15'5" x 13'2") -

Dining Area - 3.07m x 2.87m (10'1" x 9'5") -

Kitchen/Breakfast Room - 3.15m x 2.87m (10'4" x 9'5") -

Bedroom One - 3.76m x 3.18m (12'4" x 10'5") -

Bedroom Two - 2.77m x 2.21m (9'1" x 7'3") -

Bedroom Three - 2.77m x 2.21m (9'1" x 7'3") -

Family Bathroom -

Home Office - 3.18m x 3.18m (10'5" x 10'5") -

Agent Details

Whittaker & Co, Harpenden

01582 377722

Next Steps?

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