4 Bed Detached House, Planning Permission, St Albans, AL2 3QB, £700,000

Oakwood Road, Bricket Wood, AL2 3QB - 3 views - 2 months ago

Planning
ROI: 1%
~129 m²
+16 photos

ValuationOvervalued

Sold Prices£360K - £1.1M
Sold Prices/m²£2.7K/m² - £12.9K/m²

 

 

Square Metres

~129.26 m²
Price/m²£5.4K/m²

Value Estimate

£656,710

 

 

End Value (After Refurb)

£772,678

Uplift in Value

+10%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£175,000

Stamp Duty & Legal Fees

£58,700

Refurb Costs

£63,731

Bridging Loan Interest

£18,375

Total Cash In

£317,556

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£772,678

Mortgage (After Refinance)

£579,509

Mortgage LTV

75%

Cash Released

£54,509

Cash Left In

£263,047

Equity

£193,170

Rent Range

£1,500 - £10,000

Rent Estimate

£3,393

Running Costs/mo

£3,113

Cashflow/mo

£280

Cashflow/yr

£3,357

ROI

1%

Gross Yield

6%

Local Sold Prices

50 sold prices from £360K to £1.1M, average is £690K. £2.7K/m² to £12.9K/m², average is £5.1K/m².

PriceDateDistanceAddressBeds 
£690K10/220.03 mi5, Hamlet Close, Bricket Wood, St Albans, Hertfordshire AL2 3PP4
£735K06/230.05 mi39, West Riding, Bricket Wood, St Albans, Hertfordshire AL2 3QD4
£732.5K09/210.1 miOak Tree Cottage, 2a, North Riding, Bricket Wood, St. Albans, Hertfordshire AL2 3LH4
£915K08/230.13 mi9, West Riding, Bricket Wood, St Albans, Hertfordshire AL2 3QR4
£550K02/210.13 mi3, Brackendene, Bricket Wood, St Albans, Hertfordshire AL2 3SX4
£750K09/230.13 mi12, The Meads, Bricket Wood, St Albans, Hertfordshire AL2 3QJ4
£590K03/230.13 mi7, The Meads, Bricket Wood, St Albans, Hertfordshire AL2 3QJ4
£450K04/210.15 mi70, West Riding, Bricket Wood, St. Albans, Hertfordshire AL2 3QQ4
£690K08/230.15 mi58, West Riding, Bricket Wood, St Albans, Hertfordshire AL2 3QQ4
£612K03/210.16 mi17, Pine Grove, Bricket Wood, St. Albans, Hertfordshire AL2 3ST4
£785K11/230.2 mi5, St Lawrence Way, Bricket Wood, St Albans, Hertfordshire AL2 3XN4
£740K12/200.2 mi56, The Crescent, Bricket Wood, St. Albans, Hertfordshire AL2 3NF4
£665K03/210.2 mi64, The Crescent, Bricket Wood, St. Albans, Hertfordshire AL2 3NF4
£730K01/210.21 mi143, Mount Pleasant Lane, Bricket Wood, St. Albans, Hertfordshire AL2 3XH4
£740K10/220.22 mi113a, Mount Pleasant Lane, Bricket Wood, St Albans, Hertfordshire AL2 3XQ4
£910K04/210.22 miLye Cottage, Lye Lane, Bricket Wood, St Albans, Hertfordshire AL2 3TQ4
£825K10/200.25 mi112, Mount Pleasant Lane, Bricket Wood, St Albans, Hertfordshire AL2 3XD4
£750K08/240.25 mi19, Hamilton Close, Bricket Wood, St Albans, Hertfordshire AL2 3NA4
£665K06/210.26 mi6, Five Acres Avenue, Bricket Wood, St. Albans, Hertfordshire AL2 3PY4
£745K02/230.26 mi2, Stratford Way, Bricket Wood, St Albans, Hertfordshire AL2 3PB4
£1.0M10/220.28 mi103, Mount Pleasant Lane, Bricket Wood, St Albans, Hertfordshire AL2 3XF4
£687.5K06/210.29 mi7, Larch Avenue, Bricket Wood, St. Albans, Hertfordshire AL2 3SN4
£660K06/210.29 mi9, Rowan Close, Bricket Wood, St. Albans, Hertfordshire AL2 3XP4
£360K11/230.29 mi15, Jenkins Avenue, Bricket Wood, St Albans, Hertfordshire AL2 3SQ4
£690K10/230.31 mi2, Reynards Way, Bricket Wood, St Albans, Hertfordshire AL2 3SF4
£850K10/220.32 mi10, Ferndene, Bricket Wood, St Albans, Hertfordshire AL2 3DX4
£1.1M01/230.33 mi10, Bluebird Way, Bricket Wood, St Albans, Hertfordshire AL2 3UH4
£565K12/200.35 mi2, Ryall Close, Bricket Wood, St. Albans, Hertfordshire AL2 3TS4
£627K06/210.36 mi3, Brightview Close, Bricket Wood, St Albans, Hertfordshire AL2 3NH4
£557.5K12/200.41 mi51, Old Watford Road, Bricket Wood, St. Albans, Hertfordshire AL2 3RU4
£660K10/220.42 mi77a, Old Watford Road, Bricket Wood, St Albans, Hertfordshire AL2 3RU4
£675K03/210.42 mi65, Old Watford Road, Bricket Wood, St. Albans, Hertfordshire AL2 3RU4
£790K05/210.44 mi16, Newlyn Close, Bricket Wood, St Albans, Hertfordshire AL2 3UP4
£540K03/210.44 mi14, Newlyn Close, Bricket Wood, St Albans, Hertfordshire AL2 3UP4
£755K06/210.49 mi43a, Mount Pleasant Lane, Bricket Wood, St. Albans, Hertfordshire AL2 3UX4
£683K01/210.51 mi3, Turnberry Drive, Bricket Wood, St Albans, Hertfordshire AL2 3UF4
£610K12/200.51 mi4, Turnberry Drive, Bricket Wood, St Albans, Hertfordshire AL2 3UF4
£665K12/200.51 mi38, The Uplands, Bricket Wood, St. Albans, Hertfordshire AL2 3UW4
£430K12/200.55 mi1, Birch Copse, Bricket Wood, St. Albans, Hertfordshire AL2 3UT4
£900K02/210.64 mi3, Black Green Wood Close, Park Street, St. Albans, Hertfordshire AL2 2AE4
£705K03/210.69 mi9, Hazel Road, Park Street, St. Albans, Hertfordshire AL2 2AH4
£725K06/210.71 mi20, Hazel Road, Park Street, St Albans, Hertfordshire AL2 2AJ4
£622.5K06/230.81 mi1, Birchwood Way, Park Street, St Albans, Hertfordshire AL2 2SE4
£630K08/220.81 mi1, Bucknalls Close, Watford, Hertfordshire WD25 9NB4
£605K11/200.91 mi13, Avalon Close, Watford, Hertfordshire WD25 9TW4
£575K03/240.92 mi18, Cranefield Drive, Watford, Hertfordshire WD25 9TX4
£640K06/230.93 mi151, Park Street Lane, Park Street, St Albans, Hertfordshire AL2 2AZ4
£775K11/220.93 mi2, Tudor Manor Gardens, Watford, Hertfordshire WD25 9TQ4
£800K11/210.94 mi14, Bucknalls Lane, Watford, Hertfordshire WD25 9JQ4
£690K12/200.95 mi34, Tudor Manor Gardens, Watford, Hertfordshire WD25 9TQ4

Local Rents

12 rents from £1.5K/mo to £10K/mo, average is £2.5K/mo.

RentDateDistanceAddressBeds 
£1,50001/240 mi-3
£2,20011/240.18 mi-4
£2,65010/240.35 mi-4
£1,66010/240.55 mi-3
£10,00012/240.62 miPark Street Lane, Park Street, St. Albans, Hertfordshire6
£4,95012/240.79 miPercy Drive, Bricket Wood, St. Albans, Hertfordshire, AL24
£4,95012/240.87 miHanstead House, Bricket Wood, St. Albans3
£3,75012/240.88 miHastings Close, Bricket Wood, St. Albans, Hertfordshire4
£2,55011/241.19 mi-3
£1,95002/251.19 mi-3
£2,00011/241.21 mi-3
£2,55011/241.21 mi-3

Local Area Statistics

Population in AL2

23,314

Population in St Albans

114,693

Town centre distance

2.81 miles away

Nearest school

0.40 miles away

Nearest train station

0.39 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Balanced market

Capital growth (5yrs)

+12%

Property History

Listed for £700,000

March 14, 2025

Floor Plans

Description

  • Detached +
  • Four Bedrooms +
  • Integral Garage +
  • Potential To Extend (STPP) +
  • Front And Rear Gardens +
  • Excellent Travel Links +
  • Prime Village Location +
  • Chain Free +

Your Opportunity to Create a Dream Home in Bricket Wood This four-bedroom detached property in central Bricket Wood presents a fantastic opportunity to create your ideal family home. It's a blank canvas with potential to extend, allowing you to tailor it to your exact needs. Bright and Functional Living Spaces The front of the house features a bright, sunny kitchen – a perfect space for any home cook. Granite worktops provide a touch of luxury, while integrated appliances and ample storage make it highly practical. The rear of the property opens into a spacious lounge and dining area, creating a comfortable space for relaxing and entertaining. A cozy feature fireplace adds warmth and character. Sliding doors lead to a double-glazed conservatory, offering a pleasant spot to enjoy the garden views throughout the year. A guest WC and storage cupboard are conveniently located off the hallway. Comfortable Bedrooms and Modern Amenities Upstairs, an open landing leads to four bedrooms: two doubles and two singles, all with built-in wardrobes. The master bedroom benefits from views of the garden, as well as fitted wardrobes and a dressing table. The shower room is fully tiled and features a walk-in shower and a modern white suite. Potential for Expansion and Outdoor Enjoyment An integrated garage offers the potential for conversion into additional internal space (subject to planning permission). The property boasts a large front garden with a driveway, mature planting, and a lawn. The rear garden is equally impressive, featuring a large summer house, mature trees, and shrubs, creating a private and enjoyable outdoor space. This property offers a solid foundation and the opportunity to create a wonderful family home in a desirable location. Location
Bricket Wood is a charming and leafy suburb of St Albans, renowned for its excellent schools, convenient location, and friendly community. The area is well-connected to London and other nearby towns, making it an ideal choice for commuters. The local amenities include shops, restaurants, pubs, and recreational facilities, ensuring that everything you need is within easy reach.

EPC Rating: D

Agent Details

Nested, Nationwide

020 3838 0693

Next Steps?

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