# 1 bedroom penthouse for sale (SG3 6EW) ## Property Details | Key | Value | |-----|-------| | Address | FLAT 10, PARK LANE COURT, 2, PARK LANE, KNEBWORTH, HERTFORDSHIRE SG3 6EW | | Price | £318,500 | | Bedrooms | 1 | | Bathrooms | 1 | | Council tax | D | | Floor area | 79 m² | | Last sold | £325,000 Nov 2024 | ## EPC Rating & Upgrade Cost - **Current rating:** B - **Potential rating:** B - **Expiry date:** 08/02/2034 - **Current heating cost:** £304/year [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0380-3081-1320-2204-6475) ## Description *READY FOR OCCUPATION* Greenhill Estates are delighted to bring to market this truly exceptional NEARLY NEW 837sq ft one bedroom penthouse apartment with lift access, allocated parking and internally has been finished to the highest of standards with underfloor heating and high quality fixtures and fittings throughout. Park Lane Court is also conveniently located opposite Knebworth train station which offers direct access into London Kings Cross and Finsbury Park in circa 30 minutes. Knebworth High Street is also a stones throw from the property and offers an array of local amenities including local shops, pubs and restaurants. Forming part of a bespoke block of new apartments built only a few years ago, this unique property combines the perfect blend of luxury and convenience and a viewing is strongly advised to appreciate the wonderful home. *VIDEO TOUR AVAILABLE TO WATCH* **Step Inside:** - As you step onto the property, you'll be greeted by a spacious entrance hallway featuring a video entry phone system mounted on the wall. Adjacent to the hallway, you'll find a generously sized bedroom suite and a lavish bathroom adorned with contemporary tiling. At the end of the hallway you'll enter the impressive open-plan living, kitchen, and dining area that will leave you in awe. The kitchen boasts elegant quartz worktops and a selection of sleek wall and base units, complete with fully integrated appliances including a full-size dishwasher, double oven, washing machine, fridge, and freezer. The space is flooded with natural light, thanks to a large porthole window and several Velux windows, offering breathtaking views of the beautiful Hertfordshire countryside. There is also a large cupboard ideal for storage. Throughout the living areas, you'll find engineered oak flooring, while the bedroom is carpeted for added comfort with the entire property benefitting from underfloor heating. Additionally, the apartment is equipped with high-speed BT Fibre internet and can be heated using either the thermostats or your smartphone. Spanning a total of 837 square feet, this penthouse apartment is truly exceptional and to top it off, it comes with one designated parking spaces within the secure gated development. **Step Outside:** - The property is being sold with one allocated parking spaces and there is electrical vehicle charging points available at request. There is a secure cycle store and also ample visitor parking. **Location:** - The development is located adjacent to Knebworth train station which provides direct and fast links to Londons Kings Cross and Finsbury Park mainline railway station in (circa 30 minutes). You are also a very short walk to the bustling High Street with shops that cater for daily needs. These include: a chemist, post office, doctors’ surgery, two dentists, Co-op general store, Indian restaurant, Chinese take away, two cafés, wine merchants, independent butcher & a well-regarded junior/mixed infant school. There are C of E & RC churches, a golf club & recreation ground with tennis courts and a bowling green. Knebworth is also well placed for access to neighbouring towns such as Hertford located a 15 minute drive away and St Albans a 20 minute drive. Stevenage town is also a short drivable distance from the property and offers a very large selection of amenities including a large leisure complex with a cinema, bowling alley and all the favourite chain restaurants such as Wagamama's, Nando's and Five Guys to name but a few. There is also access to major road links such as the A10, A414, A120, A1, M25, M1 and M11 which are all within a short drive. ## Property Photos - ![PARK LANE COURT.jpg](/listings/photos/164013593/555789) - PARK LANE COURT.jpg - ![Internal-4 2.jpg](/listings/photos/164013593/555790) - Internal-4 2.jpg - ![Internal-13 2.jpg](/listings/photos/164013593/555791) - Internal-13 2.jpg - ![Internal-5 2.jpg](/listings/photos/164013593/555792) - Internal-5 2.jpg - ![Internal 2.jpg](/listings/photos/164013593/555793) - Internal 2.jpg - ![Internal-2 2.jpg](/listings/photos/164013593/555794) - Internal-2 2.jpg - ![Internal-7 2.jpg](/listings/photos/164013593/555795) - Internal-7 2.jpg - ![Internal-6 2.jpg](/listings/photos/164013593/555796) - Internal-6 2.jpg - ![Internal-3 2.jpg](/listings/photos/164013593/555797) - Internal-3 2.jpg - ![Internal-12 2.jpg](/listings/photos/164013593/555800) - Internal-12 2.jpg - ![Internal-11 2.jpg](/listings/photos/164013593/555801) - Internal-11 2.jpg - ![Internal-10 2.jpg](/listings/photos/164013593/555803) - Internal-10 2.jpg - ![Internal-8 2.jpg](/listings/photos/164013593/555804) - Internal-8 2.jpg - ![Internal-9 2.jpg](/listings/photos/164013593/555805) - Internal-9 2.jpg - ![4-15.jpg](/listings/photos/164013593/555807) - 4-15.jpg - ![D-4.jpg](/listings/photos/164013593/555809) - D-4.jpg - ![D-9.jpg](/listings/photos/164013593/555811) - D-9.jpg - ![External-3.jpg](/listings/photos/164013593/555814) - External-3.jpg - ![External-4.jpg](/listings/photos/164013593/555815) - External-4.jpg - ![External-5.jpg](/listings/photos/164013593/555816) - External-5.jpg - ![External-6.jpg](/listings/photos/164013593/555819) - External-6.jpg - ![External-15.jpg](/listings/photos/164013593/555822) - External-15.jpg - ![Knebworth House.jpeg](/listings/photos/164013593/555824) - Knebworth House.jpeg ## Floorplans - ![10 park lane court.jpg](/listings/photos/164013593/555827) - 10 park lane court.jpg ## EPC Graphs - ![EE Rating](/listings/photos/164013593/555831) - EE Rating ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | PARK LANE COURT, 2 FLAT 10 PARK LANE, KNEBWORTH, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG3 6EW | £325,000 | 13/11/2024 | Flat | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | [Same street] PARK LANE COURT, 2 COACH HOUSE PARK LANE, KNEBWORTH, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG3 6EW | £535,000 | 03/01/2025 | Other | | [Same street] PARK LANE COURT, 2 FLAT 6 PARK LANE, KNEBWORTH, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG3 6EW | £380,000 | 06/10/2023 | Flat | | [Same street] PARK LANE COURT, 2 FLAT 1 PARK LANE, KNEBWORTH, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG3 6EW | £440,000 | 25/09/2023 | Flat | | [Same street] PARK LANE COURT, 2 FLAT 3 PARK LANE, KNEBWORTH, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG3 6EW | £380,000 | 03/03/2023 | Flat | | 5 LOWE HOUSE, KNEBWORTH, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG3 6EU | £194,284 | 28/10/2022 | Other | | 2 LOWE HOUSE, KNEBWORTH, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG3 6EU | £176,741 | 28/10/2022 | Other | | [Same street] PARK LANE COURT, 2 FLAT 9 PARK LANE, KNEBWORTH, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG3 6EW | £405,000 | 21/09/2022 | Flat | | FLORENCE COURT FLAT 1 PARK LANE, KNEBWORTH, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG3 6FQ | £30,000 | 07/09/2022 | Other | | 133 LONDON ROAD, KNEBWORTH, NORTH HERTFORDSHIRE, HERTFORDSHIRE, SG3 6EX | £370,000 | 09/02/2022 | Other | **Street average:** £428,000 (5 sales) **Area average:** £192,756 (4 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £535,000 (1 Other, SG3, 2024–2026) - **Deviation:** -40.5% ## Rental Range *ONS Price Index of Private Rents (North Hertfordshire). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,274/mo - **Realistic:** £1,415/mo - **Optimistic:** £1,557/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Stevenage & North Herts (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £773/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | Studio Flat, Marymead Court, SG2 | £900/mo | 1 | 1.04 miles | OpenRent | | 1 Bed Flat, Blenheim Way, SG2 | £1,000/mo | 1 | 1.07 miles | OpenRent | | 1 Bed Flat, Marymead Drive, SG2 | £1,100/mo | 1 | 1.09 miles | OpenRent | | 1 Bed Flat, Wychdell, SG2 | £950/mo | 1 | 1.16 miles | OpenRent | | 1 Bed Flat, Woburn Close, SG2 | £1,100/mo | 1 | 1.17 miles | OpenRent | **Average rent: £1,010/mo (5 listings)** ## 1% Rule - **Rent ratio:** 0.31% (weak for cashflow) - **Max investor price (0.8%):** £125,000 - **Target investor price (1%):** £100,000 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £1,000/mo).* - **Gross yield:** 3.8% - **Cost-to-rent:** 26.5× - **Monthly cashflow:** £-379/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** -4.9% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Price per Square Metre - **£/m²:** £4,032/m² ## House Price Index (HM Land Registry) *Official index for North Hertfordshire; All dwelling types series; as of March 2026.* - **1y growth (index):** -0.6% - **5y growth (index):** 13% - **10y growth (index):** 29.5% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)