4-bedroom detached house · TN14 7EU
For saleListed 37 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Merridene presents an opportunity to acquire a residential development site in the heart of the popular village of Halstead.
The existing detached four bedroom property has stood vacant for many years and now requires complete renovation. However, the site's true value lies in its redevelopment potential.
Permission in Principle has been granted by Sevenoaks District Council (Application No.
26/01497/pip) for the demolition of the existing dwelling and the construction of a minimum of one and a maximum of two new homes, subject to the necessary detailed consents.
Occupying a village setting, the property offers purchasers the opportunity to create a superb bespoke family home or, subject to the necessary consents, two smaller dwellings that could appeal to a broader range of buyers.
Halstead is a popular village, offering a blend of countryside living and excellent accessibility.
The village provides a range of local amenities, while the larger towns of Sevenoaks and Orpington are within easy reach, offering extensive shopping, leisure and mainline rail services.
This development opportunity in a village setting offers appeal to developers, investors and private purchasers seeking to unlock the site's potential.
Conveniently situated in the village of Halstead and close to Knockholt, which both have active communities and are located midway between Sevenoaks and Orpington on the North Downs.
Knockholt village has a convenience store and a large garden centre whilst Halstead also has a village store/post office and pub.
Orpington and Sevenoaks (both about 5 miles) both offer a comprehensive range of shopping, leisure and recreational facilities.
Knockholt station has services to London Charing Cross (via London Bridge/Waterloo East) in under 45 minutes.
Fast and frequent services are available at Orpington and Sevenoaks, whilst the M25 and M20 can both easily be accessed at Junction 4 for Swanley.
There are local primary schools in Knockholt and Pratts Bottom as well as several popular preparatory schools in nearby Sevenoaks, Otford and Sundridge.
There are also well regarded private and public secondary schools in the surrounding areas.
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 Knockholt Road, Sevenoaks
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