# 1 bedroom apartment for sale (AL3 7LN) ## Property Details | Key | Value | |-----|-------| | Address | 58 HIGH STREET, ST ALBANS, REDBOURN, HERTFORDSHIRE AL3 7LN | | Price | £150,000 | | Bedrooms | 1 | | Bathrooms | 1 | | Council tax | C | | Last sold | £145,000 Mar 2025 | ## Description **SUMMARY** A beautifully presented larger than average 1 bedroom first floor apartment situated in the very heart of Redbourne High Street. The property offers it's own entrance with stairs ascending to the first first floor, large lounge and dining, kitchen, bedroom and shower room. **DESCRIPTION** A beautifully presented larger than average 1 bedroom first floor apartment situated in the very heart of Redbourn High Street. The property offers its own entrance with stairs ascending to the first floor, large lounge, and dining room, open to newly fitted kitchen with integrated oven, hob and extractor with space for a fridge freezer and washing machine/dish washer, large double bedroom with built in storage and family sized shower room with newly fitted vanity hand was basin and WC. To the rear of the property there is a stunning communal garden, community room, communal laundry, and warden. The property benefits from being offered vacant and chain free and service charge also includes 24 assistance. This apartment forms part of a modern development located on the Redbourn High Street with its variety of local shops, restaurants, doctors surgery and library, all within easy reach. Regular buses provide easy access to Harpenden and St Albans. **Entrance Hall ** 3' 5" x 3' 3" ( 1.04m x 0.99m ) Access via on private door, stairs ascending to first floor, door to lounge, storage cupboard and access to loft. **Lounge/Dining Room** 15' 7" x 14' 2" ( 4.75m x 4.32m ) Generous 16ft lounge with windows overlooking front of building, open to kitchen, storage cupboard and access to further accommodation. **Bedroom** 13' 4" x 12' 2" ( 4.06m x 3.71m ) Generous double bedroom with window overlooking front of building and a radiator **Shower Room** 9' 4" x 7' 7" ( 2.84m x 2.31m ) A large shower/wet room with walk in shower area, vanity hand wash basin and low level flush WC and radiator **Outside **  To the rear of the property is a beautiful communal garden with seating area, communal lounge and laundry **Tenure **  There is 89 years remaining on the lease, there is no ground rent and service charge is £3915 per annum We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs. 1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale. 2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4: Potential buyers are advised to recheck the measurements before committing to any expense. 5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances. 6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor. ## Property Photos - ![Photo](/listings/photos/152728061/1189830) - ![Photo](/listings/photos/152728061/1189831) - ![Photo](/listings/photos/152728061/1189832) - ![Photo](/listings/photos/152728061/1189833) - ![Photo](/listings/photos/152728061/1189834) - ![Photo](/listings/photos/152728061/1189835) - ![Photo](/listings/photos/152728061/1189836) - ![Photo](/listings/photos/152728061/1189837) - ![Photo](/listings/photos/152728061/1189838) - ![Photo](/listings/photos/152728061/1189839) - ![Photo](/listings/photos/152728061/1189840) - ![Photo](/listings/photos/152728061/1189841) - ![Photo](/listings/photos/152728061/1189842) - ![Photo](/listings/photos/152728061/1189843) - ![Photo](/listings/photos/152728061/1189844) - ![Photo](/listings/photos/152728061/1189845) ## Floorplans - ![Floorplan 1](/listings/photos/152728061/1189846) - Floorplan 1 ## EPC Graphs - ![EPC](/listings/photos/152728061/1189847) - EPC ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 58 HIGH STREET, REDBOURN, ST ALBANS, HERTFORDSHIRE, AL3 7LN | £145,000 | 31/03/2025 | Flat | | 58 HIGH STREET, REDBOURN, ST ALBANS, HERTFORDSHIRE, AL3 7LN | £157,500 | 19/07/2013 | 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 | |---------|-------|------|------| | 21 NEW FORGE PLACE, REDBOURN, ST ALBANS, HERTFORDSHIRE, AL3 7NY | £195,000 | 13/02/2026 | Flat | | 24 NEW FORGE PLACE, REDBOURN, ST ALBANS, HERTFORDSHIRE, AL3 7NY | £200,000 | 27/03/2025 | Flat | | [Same street] 50A HIGH STREET, REDBOURN, ST ALBANS, HERTFORDSHIRE, AL3 7LN | £100 | 10/10/2023 | Other | | 12 HILLS YARD MEWS, REDBOURN, ST ALBANS, HERTFORDSHIRE, AL3 7FA | £390,000 | 16/09/2022 | Flat | | 14 THE PRIORY, REDBOURN, ST ALBANS, HERTFORDSHIRE, AL3 7NR | £288,032 | 06/05/2022 | Flat | | 1 HILLS YARD MEWS, REDBOURN, ST ALBANS, HERTFORDSHIRE, AL3 7FA | £498,500 | 27/04/2022 | Flat | | [Same street] 44 HIGH STREET, REDBOURN, ST ALBANS, HERTFORDSHIRE, AL3 7LN | £431,000 | 06/04/2022 | Terraced | | 21 NEW FORGE PLACE, REDBOURN, ST ALBANS, HERTFORDSHIRE, AL3 7NY | £208,300 | 01/11/2021 | Flat | | 7 HILLS YARD MEWS, REDBOURN, ST ALBANS, HERTFORDSHIRE, AL3 7FA | £337,500 | 20/10/2021 | Flat | | 24 THE PRIORY, REDBOURN, ST ALBANS, HERTFORDSHIRE, AL3 7NR | £290,000 | 29/09/2021 | Flat | | [Same street] 76 HIGH STREET, REDBOURN, ST ALBANS, HERTFORDSHIRE, AL3 7LN | £405,000 | 28/09/2021 | Terraced | | 4 HILLS YARD MEWS, REDBOURN, ST ALBANS, HERTFORDSHIRE, AL3 7FA | £367,500 | 24/09/2021 | Flat | | 12 NEW FORGE PLACE, REDBOURN, ST ALBANS, HERTFORDSHIRE, AL3 7NY | £207,500 | 07/09/2021 | Flat | | 12 HILLS YARD MEWS, REDBOURN, ST ALBANS, HERTFORDSHIRE, AL3 7FA | £401,000 | 24/08/2021 | Flat | | [Same street] 78A HIGH STREET, REDBOURN, ST ALBANS, HERTFORDSHIRE, AL3 7LN | £465,000 | 04/08/2021 | Other | **Street average:** £325,275 (4 sales) **Area average:** £307,576 (11 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £283,882 (17 Flat, AL3, 2024–2026) - **Deviation:** -47.2% ## Rental Range *ONS Price Index of Private Rents (St Albans). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,733/mo - **Realistic:** £1,925/mo - **Optimistic:** £2,118/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for South West Herts (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £947/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 | |------|------|------|------|------| | 1 Bed Maisonette, High Street, AL3 | £1,300/mo | 1 | 0.04 miles | OpenRent | **Average rent: £1,300/mo (1 listing)** ## 1% Rule - **Rent ratio:** 0.87% (okay) - **Max investor price (0.8%):** £162,500 - **Target investor price (1%):** £130,000 *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 £1,300/mo).* - **Gross yield:** 10.4% - **Cost-to-rent:** 9.6× - **Monthly cashflow:** £554/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 15.3% *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).* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** -26.3% - **10y growth:** -30.7% ## House Price Index (HM Land Registry) *Official index for St Albans; Flats and maisonettes series; as of April 2026.* - **1y growth (index):** -0.5% - **5y growth (index):** 2.6% - **10y growth (index):** 6.5% ## 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)