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2 bed detached house
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Price History
Our Summary
- The site also presents an exciting opportunity to develop two further self-contained units, as per application reference (5/2024/0566), enhancing the investment potential with strong prospects for resale or rental return
- Furthermore, the rear of the site is designated for potential development, as outlined in the planning reference (5/2024/0566)
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Description
The property is a detached building situated approximately one mile from St Albans City Centre. It has a total area of approximately 4,000 square feet and contains seven two-bedroom apartments, each with an approximate size of 55 square meters and an estimated rental value of £147,000 per annum. The building has parking facilities and a garden accessible via a private driveway, and is set amidst mature hedges and trees, providing a secluded atmosphere.
The rear of the site is designated for potential development, with an overall Gross Internal Area (GIA), including the proposed development, of approximately 5,767 square feet.