Sold STC Penthouse

FLAT 10

PARK LANE COURT, 2, PARK LANE, KNEBWORTH, HERTFORDSHIRE SG3 6EW

1 beds 1 baths 850 sq ft Listed 6 Nov 2025 (-216d)

£290,000

Reduced on 23 Feb 2026

Save

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Property details

Tenure

LEASEHOLD (146 years remaining on lease)

Floor area

79 m²

Council tax band

D

EPC rating

B

Last sold

£325,000 Nov 2024

Price per m²

£3,671/m²

Local average

£535,000 (-45.8%)

Deprivation

Decile 7 (23,582 of 33,755)

Street crime

43 incidents within 1 mile (Apr 2026)

Key features

  • One bedroom penthouse apartment
  • Built four years ago and within the NHBC warranty
  • Ideal location next to the Knebworth railway station
  • Secure gated development with allocated parking and EV charger points
  • Secure entry and lift access
  • Large entrance hallway
  • Large double bedroom with walkin wardrobe and velux windows
  • Huge lounge with velux windows and opening into high spec kitchen
  • High spec bathroom
  • No onward chain

Additional details

Electricity
Mains supply
Water
Mains supply
Sewerage
Mains supply
Heating
Gas central
Parking
Yes

Description

A modern penthouse apartment, set within a highly desirable location in the village of Knebworth only a stones throw from the high street, the popular station public house and on the doorstep of the train station offering fast links into London kings cross. Built four years ago and spanning over 843sq ft, the apartment is immaculately fitted to a high standard, still within the NHBC warranty, has a long lease remaining and is offered with NO ONWARD CHAIN.

The property is within a private gated community of 11 flats and 1 coach house, has a secure entry system and lift access taking you to the top floor. Upon entry you are greeted by a long hallway with doors into all rooms, you have storage to the hallway, a large double bedroom with Velux windows and a walk-in wardrobe housing the boiler, high spec bathroom, huge open plan living room with Velux windows to the rear, a circular window with a view over the trainline, a large walk-in storage cupboard and an opening into the high spec fitted kitchen which comes complete with a number of fitted appliances.

Outside you have an allocated parking space with power points for the addition of an electric car charger point, and a number of visitor spaces.

(EPC: B - North Hertfordshire Council - Council Tax Band: D)

Lease information -
Annual service charge of £1776.71 inclusive of buildings insurance.
Ground rent £0
There is a remaining lease of approximately 146 years.

Listed by

Stevenage

CHANDLERS INDEPENDENT ESTATE AGENTS LIMITED

Reference: 169073894

EPC Rating & Upgrade Cost

Current rating: B

Potential rating: B

Inspection date: 09/02/2024

Current heating cost: £304/year

Potential heating cost: £304/year

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Flat 10, 2 Park Lane Court.jpg

Flat 10, 2 Park Lane Court.jpg

EPC Graphs

EE Rating

EE Rating

Price history

Event Date Price % change
Sold 13/11/2024 (1 year ago) £325,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

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

Street average: £428,000 (5 sales)

Area average: £133,675 (3 sales)

Capital growth trend

House Price Index (HM Land Registry — official index, not sold-price averages): North Hertfordshire. Series: All dwelling types. As of March 2026.

1y (index) -0.6%
5y (index) 13%
10y (index) 29.5%

Rental Range

Estimated market rent for North Hertfordshire. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,274/mo
Realistic £1,415/mo
Optimistic £1,557/mo

Based on Local Authority from postcode lookup → North Hertfordshire.

LHA (30th percentile) floor for Stevenage & North Herts: £773/mo (Apr 2025 – Mar 2026)

Location

Address

12 Park Lane

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Knebworth Railway Station 0.0 miles
Train station Knebworth 0.1 miles
Shop Trussels 0.2 miles
Shop Co-op Food 0.3 miles
Train station Stevenage 2.5 miles
Hospital Unknown 7.2 miles
University Unknown 7.6 miles
Hospital Harpenden Memorial Hospital 7.8 miles
University University of Bedfordshire : Putteridge Bury Campus 8.6 miles

Street-level crime

Category Count
Violence and sexual offences 20
Anti-social behaviour 10
Shoplifting 4
Criminal damage and arson 2
Public order 2
Vehicle crime 2
Burglary 1
Drugs 1
Other crime 1
Total incidents 43

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Knebworth Primary and Nursery School Primary 0.3 miles Good — 28 Nov 2013
St Michael's Woolmer Green CofE VA Primary School Primary 1.2 miles Good — 23 Nov 2011
St Margaret Clitherow Roman Catholic Primary School Primary 1.2 miles Good — 17 Jun 2024
Shephalbury Park Primary School Primary 1.2 miles Good — 29 Nov 2022
All Saints Church of England Voluntary Aided Primary School, Datchworth Primary 1.3 miles Good — 16 Sep 2024

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 1.03 miles OpenRent
1 Bed Flat, Marymead Drive, SG2 £1,100/mo 1 1.09 miles OpenRent
1 Bed Flat, Blenheim Way, SG2 £1,000/mo 1 1.12 miles OpenRent
1 Bed Flat, Wychdell, SG2 £950/mo 1 1.19 miles OpenRent
1 Bed Flat, Woburn Close, SG2 £1,100/mo 1 1.21 miles OpenRent

Average rent: £1,010/mo (5 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.34%
Max investor price (0.8%) £125,000
Target investor price (1%) £100,000
Gross yield 4.1%
Cost-to-rent ratio 24.2×
Monthly cashflow £-267/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -3.8%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus 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).