2-bedroom detached house · CM9 6SQ
Sold STCListed 157 days
Opportunity summary
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About
AN AGRICULTURAL TIE, ALSO KNOWN AS AN AGRICULTURAL OCCUPANCY CONDITION, IS A PLANNING CONDITION WHICH RESTRICTS THE USE OF A RESIDENTIAL PROPERTY TO USE BY AN AGRICULTURAL WORKER OR THEIR RELATIVES.
"a person wholly or mainly employed or last employed locally in agriculture as defined in Section 336 of the 1990 Act, or in forestry, or a dependant of such a person residing with him/her or a widow or widower of such a person" Boarded Barn, a detached converted Barn located in a private selection of homes off Spital Road in Maldon, the conversion includes two bedrooms, a large reception room, kitchen and bathroom.
The large reception has typical features of a barn, oak beams, a vaulted ceiling and a large window covered by the original double doors, these features really set the scene in a room that's 31ft6 in length.
The conversion is part of a previous estate, and is subject to an Agricultural Tie. It has an outside area that can be used as parking or as a garden.
Location Boarded Barn is located off Spital Road, using the access to Maldon Hall Farm, it is part of a collection of former farm buildings that have been converted into residential dwellings.
The property is 1.1miles from Maldon High Street, 1.4 miles from Hythe Quay both are within walking distance, the Promenade Park is 2.4 miles away.
This part of Spital Road is well connected for Road links offering access to the A12 via Hatfield Peverel or Danbury.
Maldon is an historic, maritime market town set on the river Blackwater, with a High Street that provides a wide range of independent, shops, pubs, and restaurants.
The busy town centre and the popular Promenade Park; together with the famous Hythe Quay, renowned for its famous Thames sailing barges, all go to make Maldon a delightful place to live.
The town is well situated for the A414 and A12 and is approximately 8 miles from Witham Station.
Accommodation comprises Kitchen Entrance door, double-glazed window to side, worktop with drawers and cupboards beneath, sink and drainer, space for appliances.
Reception Room Double-glazed picture windows to front, double-glazed window to side, entrance door, two radiators and exposed beams. Lobby Cupboard for boiler and water tank.
Bathroom Obscure double-glazed window to front, toilet, wash hand basin and bath, radiator. Bedroom Double-glazed window to front and radiator. Bedroom Double-glazed window to side and radiator.
Agent Notes An agricultural tie, also known as an Agricultural Occupancy Condition, is a planning condition which restricts the use of a residential property to use by an agricultural worker or their relatives.
Notes The details above do not form any offer or contract. We make detailed inquiries of the seller to ensure the information provided is as accurate as possible.
The purchaser should satisfy themselves by inspection or otherwise as to the accuracy of statements within the details. All measurements and floor plans are approximate.
Hardy-King Estate Agents do not test services or appliances in any property offered for sale. Such details should be verified by the purchaser.
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
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