DEVELOPMENT OPP - 8 KING STREET, MARKYATE
LA

DEVELOPMENT OPP - 8 KING STREET, MARKYATE

By Land and New Homes

£ 475,000

Reviews

2 out of 5 stars

Land and New Homes says ..

Development or Refurbishment Opportunity A detached property with planning permission for two new semi-detached homes (Ref: 23/02861/FUL) or potential for refurbishment/extension (STP). Viewings W/C 24th March 2025 by appointment only call to book.

Property Oracle says ..

This property is located in Markyate, Hertfordshire, a village with a good selection of local amenities and schools. The property itself is a two-bedroom house with a garden, although the garden appears overgrown and inaccessible in the provided photos. The house shows signs of needing some modernisation and maintenance, particularly to the exterior. The list price is below the average price for the area, but given the condition and the need for potential work, it may still represent reasonable value depending on the buyer’s priorities and budget. More information on the internal condition would be beneficial to a more comprehensive assessment.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
5
Location
7
Land
3
Bedrooms
2
Bathrooms
0
Sqft (est)
1,200.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
590,421.00 £
Increased by 34.04 %
from 440,466.00 £
Est sale value
614,400.00 £
Increased by 31.96 %
from 465,600.00 £
Average area rental value
1,427.00 £/mo
Decreased by 43.31 %
from 2,517.00 £/mo
Est letting value
1,200.00 £/mo
Decreased by 50.00 %
from 2,400.00 £/mo
Est rental Yield
2.90 %
Decreased by 57.73 %
from 6.86 %
Crime Rate
57.00 %
Unchanged by 0.00 %
from 57.00 %

Agent Activity

  • Land and New Homes created the listing.

Nearby Schools

NameTypeOfstedDistance
Markyate Village School And NurseryCommunity SchoolGood1.04 KM
Flamstead Village SchoolCommunity SchoolGood3.11 KM
Slip End Village SchoolCommunity SchoolGood3.30 KM
Beechwood Park SchoolOther Independent School3.36 KM
Caddington Village SchoolCommunity SchoolGood3.46 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
The Close £ 475,00000.00 KM
Fleming Drive £ 393,75000.00 KM
Christina Court £ 000.00 KM
Telephone Exchange £ 000.00 KM
Cavendish Road £ 490,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Luton1536LUT7.27 KM
Leagrave1534LEA7.89 KM
Luton Airport Parkway3645LTN8.13 KM

Nearby Listings

AddressPriceTypeScoreDistance
DEVELOPMENT OPP - 8 KING STREET, MARKYATE £ 475,000BUY5 / 100.00 KM
DEVELOPMENT OPP - 8 KING STREET, MARKYATE £ 475,000BUY5 / 100.00 KM
King Street, St. Albans, AL3 £ 475,000BUY5 / 100.01 KM
George Street, Markyate, St. Albans, Hertfordshire, AL3 £ 500,000BUY7 / 100.03 KM
George Street, Markyate, St. Albans, Hertfordshire, AL3 £ 390,000BUY5 / 100.03 KM

Nearby Properties

AddressPriceDistance
1 King Street £ 410,0000.00 KM
4 King Street £ 77,7500.00 KM
140 High Street £ 275,0000.05 KM
142 High Street £ 290,0000.05 KM
146 High Street £ 170,0000.05 KM