3-bedroom house · CB7 5LQ
For saleReduced £25k (−8.8%) on 17 SepListed 132 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A 3 bedroom period property located in the centre of the sought after village of Fordham.
The property offers significant scope for improvement with further potential for conversion into flats and commercial space, subject to the necessary planning consents.
Features include over 1,600 sq ft of accommodation, a garage and enclosed rear garden. Entrance Hall With stairs leading to the first floor, radiator, double glazed entrance door.
Inner Hall With stairs leading down to the cellar. Dining Room With an open fireplace (currently boarded), single glazed bay window overlooking the rear garden, radiator.
Living Room With a large double glazed window to the front aspect, door to the side aspect, radiator.
Kitchen/Breakfast Room With a range of wall and base units with work surfaces over, space and plumbing for appliances, stainless steel sink, double glazed window to the side aspect and a part glazed door into the utility room.
Utility Room With space and plumbing for washing machine, radiator, door into the rear garden. Cloakroom With a low level WC.
Cellar Good sized space split into 2 rooms ideal for conversion (stp) with power and heating.
First Floor Landing Bedroom 1 With a radiator, built-in wardrobe, cast iron fireplace, double glazed window to the front aspect.
Bedroom 2 With a radiator, built-in airing cupboard housing water cylinder and gas boiler, double glazed window to the side aspect.
Bedroom 3 With a radiator and a double glazed window to the front aspect.
Family Bathroom With a low level WC, side panel bath, vanity wash hand basin, laminate flooring, tiled splashbacks, loft access, radiator, double glazed window to the rear aspect.
Outside To the rear of the property is a low maintenance garden laid to paving and enclosed by timber fencing and part walled.
Detached Garage With an up and over door to the front, power and light, pedestrian door into the rear garden. Sales Agents Notes We are advised the property was formerly used as a commercial premises.
For more information on this property, please refer to the Material Information Brochure on our website.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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 6, Market Street, Fordham
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