St Albans, Hertfordshire
- PROPERTY TYPE
Apartment
- BEDROOMS
2
- BATHROOMS
2
- SIZE
982 sq ft
91 sq m
Key features
- 928 sq ft internal space plus a 452 sq ft private courtyard
- 2-bedroom, 2-bathroom layout
- £0 ground rent and a 999-year lease
- Completion Date Q4 2026
- Owner Occupiers & Investors Welcome
- Strong Rental & STL Figures
Description
As anticipated, interest has been strong, with multiple viewings already scheduled over the coming days. With the show apartment completing this week, enquiry levels are expected to increase further.
Key Property Details:
928 sq ft internal space plus a 452 sq ft private courtyard
2-bedroom, 2-bathroom layout
Purchase price: £463,000
£0 ground rent and a 999-year lease
Completion now anticipated ahead of schedule in Q4 2026
10% deposit on exchange, with no further payments until completion
Investment Highlights:
This apartment offers a compelling value proposition, targeting strong tenant demand at a significantly lower entry point than comparable London properties. At approximately £499 per sq ft, it sits notably below the London average of around £660 per sq ft.
Estimated long-term rental: ~£2,500 pcm (approx. 6.5% yield)
Short-term let potential: up to ~9% yield based on £147 per night at 80% occupancy
Importantly, comparable units achieving similar rental levels typically do not benefit from both a private courtyard and a second bathroom, giving this property a clear edge in both tenant appeal and rental performance.
If you would like the full details or to discuss the reservation process, please let me know and I’ll be happy to assist.
Substantial interest is expected to continue, and the property is likely to be secured shortly.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
St Albans, Hertfordshire
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Visit our security centre to find out moreDisclaimer - Property reference FH463000050526. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by TK Property Group Ltd, Covering Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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