2 bed flat for sale

Everard Close, St Albans AL1

Back-to-Market Opportunity – 2-Bedroom Apartment***

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.