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, and is listed at £475,000. The property has two bedrooms and is 995 sqft. This is significantly smaller than the average property size in the area (1332 sqft). The average price for properties in the area is £556,862, but the average price per sqft is £418. This property is therefore priced below average price per sqft. The property includes a garden, although it is currently overgrown and inaccessible. The condition of the property appears to be fair, requiring some maintenance and potentially renovation. While the location is in a village with nearby schools and transportation links, the overall condition and size of the property compared to local averages suggest that a lower price might be more appropriate.

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)
995.00

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
509,440.00 £
Increased by 31.96 %
from 386,060.00 £
Average area rental value
1,427.00 £/mo
Decreased by 43.31 %
from 2,517.00 £/mo
Est letting value
995.00 £/mo
Decreased by 50.00 %
from 1,990.00 £/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