London Road Markyate, St. Albans, AL3
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London Road Markyate, St. Albans, AL3

By House Sales Direct

£ 165,000

Reviews

2 out of 5 stars

House Sales Direct says ..

This stylish one-bedroom Maisonette offers a prime investment opportunity with a 7% net rental yield—enquire today to avoid missing out.

Property Oracle says ..

This one-bedroom maisonette located on London Road in Markyate, St Albans, offers a potential investment opportunity or starter home. The property’s condition appears to be generally good, with a clean and functional kitchen and bathroom, though some cosmetic improvements and/or styling updates may be beneficial to the property. The property benefits from a small private garden and what appears to be allocated parking.

Markyate’s location is a plus, offering a balance of peaceful village living with reasonably easy access to major transport links such as Luton Airport and mainline train stations, albeit a short drive away. The presence of well-regarded schools in the vicinity makes the area family-friendly. However, the immediate surroundings of the property, as shown in the exterior images, and the absence of detailed information on the square footage, affect the location assessment.

The absence of specific data on the property’s precise size and a lack of details on nearby comparable properties complicates a precise pricing analysis. Nevertheless, based on the listed price of £165,000 and the relatively high average prices reflected in some nearby street data, the price appears reasonably competitive for the area, considering it’s a smaller one-bedroom maisonette. Prospective buyers should, however, obtain a detailed property survey and compare this property with similar properties listed in the area to have a clearer understanding of its market value and suitability for their needs.

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
7
Condition
6
Location
7
Land
3
Bedrooms
1
Bathrooms
1
Sqft (est)
581.25

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
297,600.00 £
Increased by 31.96 %
from 225,525.00 £
Average area rental value
1,427.00 £/mo
Decreased by 43.31 %
from 2,517.00 £/mo
Est letting value
581.25 £/mo
Decreased by 50.00 %
from 1,162.50 £/mo
Est rental Yield
2.90 %
Decreased by 57.73 %
from 6.86 %
Crime Rate
21.00 %
Unchanged by 0.00 %
from 21.00 %

Agent Activity

  • House Sales Direct created the listing.

Nearby Schools

NameTypeOfstedDistance
Markyate Village School And NurseryCommunity SchoolGood1.51 KM
Flamstead Village SchoolCommunity SchoolGood2.69 KM
Slip End Village SchoolCommunity SchoolGood3.05 KM
Caddington Village SchoolCommunity SchoolGood3.49 KM
Beechwood Park SchoolOther Independent School3.69 KM

Images

Front of property Lounge Kitchen Bathroom Bedroom Garden Parking

Nearby Streets

NameAverage PriceAverage SqftDistance
The Close £ 475,00000.00 KM
Fleming Drive £ 393,75000.00 KM
Green lane £ 000.00 KM
Christina Court £ 000.00 KM
Telephone Exchange £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Luton1536LUT7.08 KM
Luton Airport Parkway3645LTN7.83 KM
Leagrave1534LEA8.05 KM

Nearby Listings

AddressPriceTypeScoreDistance
London Road Markyate, St. Albans, AL3 £ 165,000BUY5 / 100.00 KM
London Road Markyate, St. Albans, AL3 £ 161,700BUY6 / 100.00 KM
London Road, Markyate, AL3 £ 595,000BUY7 / 100.04 KM
Long Meadow, Markyate, St. Albans, AL3 £ 435,000BUY7 / 100.09 KM
Long Meadow, Markyate, St. Albans, AL3 £ 430,000BUY7 / 100.09 KM

Nearby Properties

AddressPriceDistance
49a London Road £ 240,0000.00 KM
69 London Road £ 497,5000.00 KM
33 London Road £ 465,0000.00 KM
83 London Road £ 336,0000.00 KM
89 London Road £ 192,0000.00 KM