St Albans, Hertfordshire
- PROPERTY TYPE
Apartment
- BEDROOMS
1
- BATHROOMS
1
- SIZE
Ask agent
Description
With only 10% payable on exchange and nothing further until completion, it's a compelling opportunity for both investors and owner-occupiers.
One of the key attractions is value. At approximately £499 per sq ft, this development is significantly below the London average of £660 per sq ft, while still appealing to the same professional commuter market. St Albans continues to benefit from strong demand from London-based workers, with forecasts suggesting substantial long-term growth driven by limited housing supply and ongoing commuter demand.
Investors can also benefit from flexibility rarely found so close to the capital. Unlike many London properties, this development is not subject to the capital's 90-day short-let restrictions, allowing owners to consider either:
Short-term letting, with projected returns of up to 12.4%
Long-term AST tenancies, with projected yields of up to 6.8%
Further benefits include:
Local salaries approximately 36% above the UK average
Average rents of £2,307 pcm
Strong rental demand and limited new apartment supply
999-year lease
£0 ground rent
Following strong buyer demand, only a limited number of apartments remain available. Early viewing is recommended.
- 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.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
St Albans, Hertfordshire
Add an important place to see how long it'd take to get there from our property listings.
__mins driving to your place
Affordability
Get an instant, personalised result:
- Show sellers you’re serious
- Secure viewings faster with agents
- No impact on your credit score
Notes
Staying secure when looking for property
Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.
Visit our security centre to find out moreDisclaimer - Property reference FH0807262822500KP. 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.