3-bedroom semi-detached house · CM24 8TT
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A unique former Victorian water tower offering enormous potential on a substantial corner plot – vacant with no onward chain.
Meadow View Cottage is a truly individual three-bedroom semi-detached home, originally constructed as a Victorian water tower serving the former Rochford Nurseries and subsequently converted into a pair of distinctive residences during the 1980s.
Vacant and offered with no onward chain, the property now requires complete updating and modernisation throughout.
However, it represents a rare opportunity for a buyer to create an exceptional character home, with considerable scope to remodel and extend the existing accommodation, subject to the necessary planning permission.
The ground-floor accommodation comprises an entrance porch, dining room, separate reception room with exposed brick fireplace, kitchen and a substantial conservatory overlooking the garden and a convenient WC.
On the first floor are three bedrooms and a generously sized bathroom. One of the property’s greatest features is its extensive corner plot, which provides an excellent degree of outside space.
The size and configuration of the grounds may offer scope for a dramatic extension or potentially the creation of a separate building plot, subject in all cases to planning permission and the relevant consents.
There is also ample driveway parking together with a large detached double garage. The property shares a septic tank with the adjoining home, which has been completely updated.
With its fascinating history, distinctive Victorian architecture and significant development potential, Meadow View Cottage is an increasingly rare opportunity for buyers seeking a substantial renovation project with the ability to create something genuinely special.
Council Tax Band C. EPC Rating F.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: Properties are offered in line with current legislation, including the Renters Rights Act.
Tenancies will typically be granted as periodic (rolling) agreements, unless otherwise agreed. A security deposit will be required, capped in line with current legislation.
It is the tenant’s responsibility to insure their personal possessions.
BUYERS INFORMATION To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers.
We use the services of a third party, Lifetime Legal, who will contact you directly at an agreed time to do this. They will need the full name, date of birth and current address of all buyers and ID.
There is a nominal charge of £80 inc VAT for this (for the transaction not per person), payable direct to Lifetime Legal.
Please note, we are unable to advertise a property or issue a memorandum of sale until the checks are complete.
REFERRAL FEES We may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying.
We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider.
The ancillary service provider may be an associated company of Intercounty. IST260202/5
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
Agent & docs
FAQ
About Forest Hall Road, Stansted, Essex, CM24
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