2 Bed Flat, Single Let, St Albans, AL4 9UA, £300,000

The Ridgeway, St. Albans, Hertfordshire, AL4 9UA - 3 views - 22 days ago

Leasehold
BTL
ROI: 1%
~68 m²
+8 photos

ValuationUndervalued

Sold Prices£220K - £410K
Sold Prices/m²£3.4K/m² - £6.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.4K/m²

Value Estimate

£331,856
BMV11%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£18,700

Total Cash In

£93,700

 

 

Cash Out

 

Rent Range

£1,175 - £1,900

Rent Estimate

£1,280

Running Costs/mo

£1,214

Cashflow/mo

£67

Cashflow/yr

£798

ROI

1%

Gross Yield

5%

Local Sold Prices

44 sold prices from £220K to £410K, average is £295K. £3.4K/m² to £6.8K/m², average is £4.9K/m².

PriceDateDistanceAddressBeds 
£250K12/200.01 mi301, The Ridgeway, St. Albans, Hertfordshire AL4 9UA2
£375K10/220.06 mi381, The Ridgeway, St Albans, Hertfordshire AL4 9TZ2
£275K12/200.07 mi457, The Ridgeway, St Albans, Hertfordshire AL4 9TY2
£335K10/200.07 mi397, The Ridgeway, St Albans, Hertfordshire AL4 9TY2
£300K12/200.07 mi395, The Ridgeway, St. Albans, Hertfordshire AL4 9TY2
£295K10/200.09 mi336, The Ridgeway, St Albans, Hertfordshire AL4 9RJ2
£341K05/230.12 mi127, Hughenden Road, St Albans, Hertfordshire AL4 9QW2
£332.5K11/200.15 mi12, Hughenden Road, St. Albans, Hertfordshire AL4 9QS2
£220K06/240.2 mi29, Hughenden Road, St Albans, Hertfordshire AL4 9QN2
£355K11/220.22 mi14, Briar Road, St Albans, Hertfordshire AL4 9TL2
£340K12/200.38 mi83, Hazelwood Drive, St. Albans, Hertfordshire AL4 0UY2
£295K08/210.44 mi40, Harvest Court, St. Albans, Hertfordshire AL4 9QY2
£234K03/230.44 mi65, Harvest Court, St Albans, Hertfordshire AL4 9QY2
£295K04/210.44 mi58, Harvest Court, St. Albans, Hertfordshire AL4 9QY2
£290K03/210.44 mi64, Harvest Court, St Albans, Hertfordshire AL4 9QY2
£300K05/210.44 mi57, Harvest Court, St. Albans, Hertfordshire AL4 9QY2
£278K11/220.44 mi42, Harvest Court, St Albans, Hertfordshire AL4 9QY2
£254.5K12/220.44 mi62, Harvest Court, St Albans, Hertfordshire AL4 9QY2
£300K08/230.44 mi36, Harvest Court, St Albans, Hertfordshire AL4 9QY2
£292.5K12/200.45 mi68, Newgate Close, St. Albans, Hertfordshire AL4 9JE2
£325K06/230.45 miThe Larches, Flat 21, Milford Close, St Albans, Hertfordshire AL4 9JZ2
£275K01/230.45 mi52, Harvest Court, St Albans, Hertfordshire AL4 9QY2
£255K09/220.45 mi61, Harvest Court, St Albans, Hertfordshire AL4 9QY2
£350K03/210.45 mi9, Elizabeth Court, St. Albans, Hertfordshire AL4 9JB2
£255K09/220.45 mi66, Harvest Court, St Albans, Hertfordshire AL4 9QY2
£370K10/220.45 mi8, Elizabeth Court, St Albans, Hertfordshire AL4 9JB2
£289.5K04/210.46 mi71, Newgate Close, St. Albans, Hertfordshire AL4 9JF2
£330K09/230.46 mi11, Newgate Close, St Albans, Hertfordshire AL4 9JF2
£255K03/210.56 mi122, Chiltern Road, St. Albans, Hertfordshire AL4 9SY2
£410K03/210.68 mi84, Charmouth Road, St. Albans, Hertfordshire AL1 4SQ2
£310K09/230.75 mi27, Boling Brook, St Albans, Hertfordshire AL4 9NP2
£235K04/230.82 mi42, Cedar Court, St Albans, Hertfordshire AL4 0DL2
£287.5K10/210.82 mi27, Cedar Court, St. Albans, Hertfordshire AL4 0DL2
£240K06/230.82 mi28, Cedar Court, St Albans, Hertfordshire AL4 0DL2
£267K06/210.82 mi38, Cedar Court, St. Albans, Hertfordshire AL4 0DL2
£237.5K12/200.82 mi49, Cedar Court, St Albans, Hertfordshire AL4 0DL2
£300K02/210.82 mi17, Taylor Close, St. Albans, Hertfordshire AL4 9YB2
£290K07/230.82 mi19, Taylor Close, St Albans, Hertfordshire AL4 9YB2
£325K03/210.82 mi35, Taylor Close, St. Albans, Hertfordshire AL4 9YB2
£300K10/220.84 mi11, Cedarwood Drive, St Albans, Hertfordshire AL4 0DX2
£287K06/210.87 mi68, Cedarwood Drive, St. Albans, Hertfordshire AL4 0DW2
£285K11/230.88 mi72, Cedarwood Drive, St Albans, Hertfordshire AL4 0DW2
£370K06/210.9 mi37a, Sandpit Lane, St. Albans, Hertfordshire AL1 4EU2
£330K02/210.97 mi43, Beech Road, St. Albans, Hertfordshire AL3 5AP2

Local Rents

41 rents from £1.2K/mo to £1.9K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,29512/240.04 miThe Ridgeway St Albans Herts2
£1,50012/240.09 miThe Ridgeway, St Albans, Herts, AL42
£1,50012/240.09 miThe Ridgeway2
£1,85012/240.12 mi-2
£1,55001/240.55 mi-2
£1,55002/250.55 mi-2
£1,85012/240.61 miJersey Farm, St Albans, Hertfordshire2
£1,82503/250.61 mi-2
£1,70012/240.67 miCharmouth Road, St. Albans, Hertfordshire2
£1,65012/240.68 miWilstone Drive, Jersey Farm, St Albans2
£1,69512/240.71 miBrecken Close, St. Albans, Hertfordshire, AL42
£1,40002/250.82 mi-2
£1,17512/240.88 miCastle Road, St Albans, AL12
£1,65012/240.9 miBeech Road, 29-31 Beech Road, St Albans, AL32
£1,75012/240.93 miSutton Road, St. Albans, AL12
£1,40001/250.93 mi-2
£1,80012/240.93 mi-2
£1,90003/250.93 mi-2
£1,77502/240.94 mi-2
£1,85012/240.96 miLongacres, St. Albans2
£1,75003/250.98 mi-2
£1,65012/240.99 miHatfield Road, St Albans, Herts, AL12
£1,60012/241 miSutton Road, St. Albans, Hertfordshire, AL12
£1,39512/241.03 miSt Pauls Place, Hatfield Road, St. Albans2
£1,50012/241.03 miLemsford Road, St Albans2
£1,60012/241.05 miLichfield Place2
£1,60012/241.08 miCamp View Road, St. Albans, Hertfordshire, AL1 5LL12
£1,49512/241.11 miLaurel Road, St Albans, AL12
£1,35012/241.11 miBoundary Road2
£1,40012/241.13 miBakers Close, St Albans, AL12
£1,75012/241.13 miBakers Close, St Albans2
£1,60012/241.14 miSandridge Road, St Albans, Hertfordshire, AL12
£1,79512/241.14 miCamp Road, St. Albans, Hertfordshire, AL1 5NE2
£1,85012/241.14 miCavendish Road, St. Albans2
£1,60003/251.15 mi-2
£1,45012/241.15 miPorters Wood, St Albans, Hertfordshire2
£1,50002/251.16 mi-2
£1,85003/251.2 mi-2
£1,90012/241.2 miSandpit Lane, St. Albans2
£1,39512/241.23 miHaig Close, St Albans, AL12
£1,60012/241.23 miPark View Close, St Albans 2

Local Area Statistics

Population in AL4

27,203

Population in St Albans

114,693

Town centre distance

1.87 miles away

Nearest school

0.20 miles away

Nearest train station

1.47 miles away

 

 

Rental growth (12m)

-12%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Listed for £300,000

March 20, 2025

Floor Plans

Description

  • Ground Floor Maisonette +
  • Two Bedrooms +
  • Refitted Kitchen + Bathroom +
  • Close To Local Shops +
  • Long Lease +
  • Residents Parking +
  • No Chain +

Situated within walking distance of central Marshalswick is this stunning ground floor apartment boasting 2 bedrooms in the heart of a sought-after neighbourhood.

This bright and modern property offers a comfortable living space with a clean and contemporary design. Enjoy the convenience of resident parking and access to communal gardens, perfect for relaxing or entertaining guests.

The property is situated in a secluded area and provides a peaceful retreat while still being close to local amenities and transport links and is ideal for first-time buyers, professionals, or as a lucrative investment opportunity.

Agent Details

Bradford & Howley, Marshalswick

01727 649770

Next Steps?

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