5-bedroom house · LU7 9AS
For saleListed 139 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare chance to purchase the freehold of this potential development site in the heart of Pitstone village.
Sold with the potential to negotiate an option subject to planning, we believe the site has scope for the construction of multiple dwellings or to be converted into a wonderful home.
Contact Sterling for more information.
The Site The site comprises of a large unit which has been trading for the last 15 years as a successful restaurant with the ground floor comprising of dining spaces and bar and the first floor comprises 5 bedrooms, bathroom and large store room.
Externally there is a comprehensive car park to one side. The Potential For Development We believe the site provides an excellent chance for development.
Our client is prepared to enter into an exclusive option agreement while the planning process is explored. The terms of this are subject to negotiation with Sterling, the sole selling agents.
The Location A peaceful setting, perfectly situated in the verdant village of Pitstone, Old Farm is a sanctuary away from busy city life.
A thoughtfully selected location at the foot of the Chiltern Hills, filled with cycling and walking routes, you can immerse yourself in the outdoors whilst still being in easy reach of the neighbouring towns.
A gem of the 17th century, Pitstone windmill, a beautifully restored window into history, offers stunning walks amongst the idyllic scenery.
Pitstone is conveniently located just six miles east of Aylesbury and two miles north of Tring.
Ivinghoe village is directly adjoined to Pitstone, allowing you to share the abundance of amenities on offer.
Transport Links Despite its idyllic, remote location, the property is superbly connected whether you are travelling locally, or further afield.
For commuters, The M1 is under 40 minutes away, along with the A41 which can be reached in less than 15 minutes, giving you easy access to London and further north up to the West Midlands and beyond.
For international travellers, Luton and Heathrow airport are just a 30 and 45-minute car journey away, respectively; putting trips abroad in easy reach.
There are also a number of train stations in the local area, including Tring station which is less than 2 miles away and will have you arriving in Northampton in less than 45 minutes.
Cheddington Train Station, also 3 miles away, is perfect for city commuters, taking you to London Euston in less than an hour.
Education Links For growing families, there is a selection of highly rated schools to choose from, all within close proximity.
Brookmead Primary School, rated Good by Ofsted, is only half a mile away from the property, as well as the Tring School, which is a 9 minute drive away, making the school run a breeze.
Just a short drive away there is also Aylesbury Grammar School, for children of secondary school age, rated Outstanding and highly regarded by parents alike.
Agents Information For Buyers Thank you for showing an interest in a property marketed by Sterling Estate Agents.
Please be aware, should you wish to make an offer for this property, we will require the following information before we enter negotiations: 1. Copy of your mortgage agreement in principal. 2.
Evidence of deposit funds, if equity from property sale confirmation of your current mortgage balance i.e.
Your most recent mortgage statement, if monies in bank accounts the most up to date balances.. 3. Passport photo id for all connected purchasers and a utility bill.
We are duty bound to complete anti money laundering (aml) checks on all connected purchasers should an offer be accepted. The charge for this is £75 plus VAT per person.
Unfortunately we will not be able to progress negotiating any offer unless we have id, checks and proof of funds.
By making an offer on property with Sterling Estate Agents you agree to the aml process and charge should your offer be acceptable and you understand this is non refundable in any event.
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 The Haldi Restaurant, 80, Marsworth Road, Pitstone
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