Chic modern apartments in St Albans
Top UK property investment hotspot (Daily Telegraph)
St Albans, UK
A development of 78 one and two bed luxury apartments near St Albans train station, Abbots House is the ideal base from which to enjoy the local lifestyle, as well as for commuting into London.
Located 120 meters from St Albans Abbey Train Station and under a mile from St Albans City Station, the spacious, light-filled residences will offer the latest in contemporary urban living. For an added touch of luxury and convenience, the apartments will include a concierge service.
- Prices from £243,800 - 75% LTV available
- Yields of up to 5%
- 20 mins from St Albans to London Kings Cross/St Pancras
- Top UK property investment hotspot (Daily Telegraph)
- 34.7% rise in St Albans house prices in past 5 years (Zoopla)
One of the most established London commuter zones – St, Albans, Hertfordshire has been ranked second in the UK’s top property investment hotspots by The Daily Telegraph (May 2017).
St Albans presents a range of investment opportunities thanks to its buoyant property market and diversified economy. In fact, the 2016 Lambert Smith Hampton UK Vitality Index placed the city seventh overall in the UK for economic growth prospects. St Albans was also ranked first in the report’s ‘growing affluence’ index, based largely on its having experienced one of the fastest rates of average house price growth in the UK in the three years to 2016.
The residential property market has thrived in recent years. As at May 2017, Zoopla’s data shows growth of 34.7% in property values over the past five years. For apartments, that growth rate rises to 36.4%. The current average asking rent stands at £1,322 pcm (Zoopla, May 2017).
The apartments are ideally located for both train stations in St Albans with direct services to London St Pancras International can be reached in 18 minutes. Abbots House is also close to junction 21A of the M25 motorway, making it ideal for those looking to work in London while living in the beautiful surroundings of St Albans. The apartments are also perfect for those looking to work in the thriving city of St Albans.
Each apartment will be finished to a high standard, with the interior design pitched perfectly for attracting young professionals. All fixtures and fittings will be high quality and long-lasting in order to minimize maintenance costs. Apartments start from £243,800 with yields of up to 5%.
Invest from £243,800
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