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See how verdicts work3-bedroom house · TN33 9JF
Listing removedListed 470 days
Opportunity summary
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About
A unique opportunity to acquire a detached three bedroom house that requires improvement with large gardens that lead into a 3.102 acre field that lies level and incorporates a large L-shaped concrete area suitable for stabling and with the benefit of a separate vehicular Right of Way access.
The house is arranged around a small reception hall with two principle reception rooms and a kitchen/breakfast room with larder cupboard.
An outside WC could also be incorporated into the accommodation and to the first floor are three bedrooms and a separate family bathroom.
The property requires renovation but offers excellent potential to be improved and upgraded to suit individual requirements and enjoys a good size area of level garden to both the front and rear, off-road parking, a garage and a lovely parcel of pasture grazing amounting to approximately 3.102 acres with separate agricultural vehicular access and lovely views beyond.
Note: The field will be sold subject to a 25 year uplift for 50% of any enhanced value immediately before and after planning permission is granted.
Note: The land adjoins an area of ground that has recently been subject to a planning refusal for 72 houses.
The Accommodation Is approached via a covered porch with glazed door opening to Entrance Hall 5' 10" x 5' 4" (1.78m x 1.63m) Window to front, stairs rising to first floor landing.
Dining Room 11' 0" x 10' 10" (3.35m x 3.30m) Window to front, central tiled fireplace.
Living Room 14' 10" x 11' 0" (4.52m x 3.35m) Window to rear garden, central tiled fireplace, under stairs storage cupboard. Kitchen 11' 5" x 8' 0" (3.48m x 2.44m) With window to rear and door to side.
Fitted with a basic range of kitchen cabinets providing spaces and plumbing for appliances, floor mounted boiler (not in use), larder cupboard with shelving.
First Floor Landing Airing cupboard with slatted shelving, loft access. Bedroom 1 15' 0" x 11' 0" (4.57m x 3.35m) With window taking in views of the garden and field, tiled fireplace.
Bedroom 2 9' 9" x 8' 4" (2.97m x 2.54m) Window to front, cupboard with fitted shelving.
Bathroom 8' 2" x 5' 0" (2.49m x 1.52m) With obscured window to side, fitted with a white panelled bath, pedestal wash hand basin, high cistern wc.
Bedroom 3 8' 9" x 8' 0" (2.67m x 2.44m) Window taking in views of the garden and over the field. Outside The property is approached over a concrete driveway that leads to the garage.
The front garden is laid to lawn and hedge enclosed with a pathway to the side and rear.
The rear garden is overgrown but backs onto the adjoining three acre field which also has the benefit of a vehicular Right of Way over an agricultural track located two properties along where there is gated access to a level area of pasture grazing that includes an L-shaped concrete slab (approx 7m x 17m plus 6m x 6m).
Garage 17' 6" x 7' 3" (5.33m x 2.21m) With double hinge door, window and door to rear. WC 5' 5" x 2' 10" (1.65m x 0.86m) high cistern wc.
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.
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FAQ
About Cherriel, The Green, Ninfield
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