3-bedroom house · DN37 0LN
For saleListed 91 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Exciting Investment Opportunity or Spacious Family Home – Heart of Waltham An exciting opportunity has arisen to acquire this versatile property, ideally positioned in the heart of the ever-popular village of Waltham.
Offering excellent investment potential or the opportunity to convert back into a generous family home (subject to any necessary consents), this is a property that will appeal to a wide range of purchasers.
The property has recently undergone a programme of improvements, including damp-proofing works to the ground floor together with the installation of a flat master PIV positive input ventilation unit .
This offer is a ventilation solution for the whole property using the tried and tested positive input ventilation principle. Where fresh filtered air is introduced into the home at a continuous rate.
Encouraging movement of air from the inside to outside . This process removes condensation and allergies that the pollutant is caused by cooking and cleaning from the air.
The results are fresh and healthy indoor environment in which condensation and Mould cannot exist.. thus providing a solid foundation for future enhancement.
Currently arranged as two self-contained flats, the accommodation briefly comprises: • Ground Floor Flat: shared Entrance hall, spacious lounge, kitchen, two double bedroomsand bathroom.
• First Floor Flat: shared Entrance hall, lounge, kitchen, one bedroom and a bathroom fitted with a white suite.
The property enjoys paved front and rear gardens and is perfectly situated within easy walking distance of Waltham’s High Street with its excellent range of local shops, cafés, pubs, amenities and regular bus services, making it an exceptionally convenient location.
The potential rental income is £700 per calendar month for the ground floor flat and £550 per calendar month for the first floor flat, offering an immediate investment return.
Although the property would benefit from a degree of cosmetic updating in places, it presents an outstanding opportunity for investors, developers or buyers looking to create a home to their own taste and specification.
Offered for sale with no forward chain, early viewing is highly recommended. Please contact the selling agent for further information or to arrange your viewing.
Lounge 3.68m x 4.29m Kitchen 2.52m x 4.12m Fitted with a range of light oak-fronted units and offering space for freestanding appliances There is a built-in flat master positive input ventilation unit.
And a cupboard housing the ideal classic combination central heating boiler.
Bedroom One 2.79m x 3.61m with radiator and double glazed window Bedroom Two 3.05m x 3.51m A well-proportioned bedroom with radiator and double glazed window Bathroom Fitted with a white suite comprising bath, wash hand basin and WC.
Lounge 3.66m x 4.75m A good-sized lounge positioned at the front of the property. Kitchen 2.49m x 3.96m Fitted with a range of base and wall-mounted units.
Bedroom One 2.87m x 3.58m Good size double bedroom Bathroom 2.44m x 2.57m Fitted with modern white suite panel bath with chance around bar shower and screen, pedestal and basin toilet.
There’s a built-in cupboard with an ideal exclusive combination central heating boiler Garden To the front of the property is a paved garden area overlooking a small green.
Rear courtyard-style garden with stone chippings and paving for ease of maintenance.
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 Cheapside, Waltham, DN37
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