3-bedroom terraced house · CO12 3DY
Sold STCListed 207 days
Opportunity summary
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About
RESIDENTIAL AND COMMERCIAL USE - A unique opportunity to acquire a GRADE II LISTED property located in the heart of Harwich boasting a wealth of original features including exposed brickwork, beams and stud work.
The property enjoys many unusual features including a lovely SOUTH FACING FIRST FLOOR ROOF TERRACE as well as a further courtyard.
Ground Floor: Entrance door leading to: Rear Lobby: Double glazed window to side and rear. Access to cellar, stairs rising to first floor.
Door returning to: Study/Bedroom 3: 9'9" x 9' (2.97m x 2.74m) Wood laminate style floor, part glazed double doors returning to rear lobby. Door to Shop 1.
First Floor Landing: Built-in cupboard, stairs to ground floor, stairs to second floor. Window to rear. Door to first floor terrace.
Living Room: 18' x 14'4" (5.49m x 4.37m) An attractive, well-proportioned room benefiting from a wealth of beams and stud work as well as an attractive herringbone style wooden floor.
Red brick fireplace housing multi-fuel burner, TV point, telephone point, two radiators, window to front.
Door to: Kitchen/Diner: 18' x 13'9" (5.49m x 4.2m) Kitchen Area: Comprehensively fitted with a range of modern matching units comprising one and a half bowl stainless steel sink unit with mixer tap over incorporating waste disposal system and set in roll top work surface with a range of cupboards below and built-in dishwasher below.
Further roll top work surface with cupboards and drawers below, range of wall mounted cupboards, shelving, four ring gas hob, electric oven, stainless steel extractor fan. Wood laminate style floor.
Door returning to first floor landing. Dining Area: Attractive herring bone style wooden floor, beams and stud work. Window to front. Door to living room.
Bathroom: White suite comprising corner bath with mixer tap and shower attachment, further independent shower over, hand basin set in multi-drawer vanity unit and low level WC.
Chrome style heated towel rail, complimentary tiling to walls, ceramic tiled floor, gas fired combination boiler (not tested by agent). Large pullout storage cupboard. Window to rear.
Roof Terrace: As previously mentioned the property benefits from a south facing roof terrace will walls on three sides, wooden decking with cantilever full length canopy over.
Second Floor: Landing: Access to loft, doors to bedrooms one and two, stairs returning to first floor.
Bedroom 1: 14'1" x 13' (4.3m x 3.96m) Range of exposed beams and stud work, ceiling spotlights, two built-in wardrobes, radiator, window to front.
Bedroom 2: 14' x 13'6" (4.27m x 4.11m) Range of exposed beams and stud work, celing spotlights, two built-in wardrobes, window to front.
Outside: As previously mentioned the property benefits from a courtyard to the rear of the property.
Commercial Ground Floor Area: Shop 1: 19' x 14'2" (5.8m x 4.32m) Entrance door leading from Market Street, large window to front, access to Shop 2. Door to residential study/bedroom 3.
Shop 2/Potential AirBnB 16' x 13'9" (4.88m x 4.2m) This shop is currently in the process of being converted into a 1 bedroomed AIRBnB accommodation.
Entrance from Market Street, oak beams, large window to front. Door to: Shop Area 3/Potential Bedroom for AirBnB: 12' x 11'6" (3.66m x 3.5m) Window and door opening onto the courtyard.
Shower Room: Currently being re-fitted with low level WC, hand basin set in vanity unit with heated and backlit mirror, shower cubicle and heated towel rail.
Agents Note: The heating system has not been tested by the agent.
AGENTS DISCLAIMER: The details shown below have been provided by the vendors and any purchaser is advised to liaise with their solicitor for confirmation of this information.
Please be aware that the ground floor shop rooms are listed as COMMERCIAL use, if you wanted to use the whole house as residential you would need to apply for planning permission for change of use.
The current owners have had plans drawn up to convert shop areas 2 and 3 into a self-contained AirBnB unit which will comprise a lounge, kitchen, dining area with 1 bedroom and a shower room.
Please note that the commercial aspect of this property is leasehold. Lease details to be confirmed.
For the avoidance of doubt please be aware that the freehold of the entire property, which includes the lease on the ground floor commercial parts, is included in the asking price.
Preliminary Sales Details Awaiting Verification By Vendor THIRD PARTY COMMISSIONS: Harwich Village Homes can offer services that maybe of interest to you.
These services are not compulsory and you and the buyer have a right to decline these services.
Harwich Village Homes will receive a referral fee from these providers (at no cost to you) which we will retain, subject to the seller and/or buyer appointing said provider for their services.
Referral fees will be paid upon completion of the service provided to the seller and/or buyer by the supplier.
White Mortgage Advice Ltd: Harwich Village Homes act as introducers only to White Mortgage Advice Ltd for both sellers and purchasers.
Both sellers and purchasers are not obliged to secure the services of White Mortgage Advice Ltd and are free to appoint a financial advisor of their choice.
However, if the seller or purchaser do use White Mortgage Advice Ltd then Harwich Village Homes will receive a third party commission of approximately £180.
Surveyors: If we are asked to recommend a surveyor, we will recommend Better Prepared Surveyors or Julien Lawrence Surveying.
You are not obliged to secure the services of these surveyors and are free to appoint a surveyor of your own choice.
Should Better Prepared Surveyors or Julien Lawrence Surveying be instructed from a recommendation from Harwich Village Homes then Harwich Village Homes will receive a third-party commission of up to £50.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Market Street, Harwich, Essex, CO12
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