3-bedroom house · CO9 4RX
For saleReduced £15k (−4.1%) on 11 OctListed 62 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**Guide Price £375,000 - £400,000** This substantial three-bedroom detached home offers an exciting opportunity to create something truly special in the heart of sought-after Ridgewell.
Occupying a generous plot, the property combines spacious, versatile accommodation with all the ingredients of a superb long-term family home.
The dining hall creates a welcoming first impression, while the generous living room, fitted kitchen and bright conservatory provide plenty of space for everyday life and entertaining.
All three bedrooms are comfortable doubles, complemented by a family bathroom and a convenient ground-floor shower room.
A separate gym or home office adds valuable flexibility—ideal for remote working, hobbies, fitness or adapting to changing family needs.
One of the property’s most compelling features is its future potential.
The generous frontage and surrounding plot may offer scope to extend or reconfigure the existing accommodation, subject to planning permission and the necessary consents.
Extensions carried out to neighbouring properties provide plenty of inspiration for buyers wishing to create additional bedrooms, larger living spaces or a striking open-plan kitchen and family area.
Outside, the established garden and extensive parking provide further opportunities to enhance the home. A garage, carport and generous driveway complete this highly practical property.
With its spacious footprint, adaptable layout and exciting potential to improve and extend, this is a home ready for its next owners to refresh, personalise and transform into an exceptional village residence.
Dining Hall 4.90m x 2.61m (16' 1" x 8' 7") Kitchen 2.95m x 2.36m (9' 8" x 7' 9") Lounge 3.56m x 5.61m (11' 8" x 18' 5") Conservatory 3.56m x 2.26m (11' 8" x 7' 5") Bedroom One 4.50m x 2.77m (14' 9" x 9' 1") Bedroom Two 3.58m x 2.79m (11' 9" x 9' 2") Bedroom Three 3.20m x 2.61m (10' 6" x 8' 7") Bathroom 1.98m x 2.44m (6' 6" x 8' 0")
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
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FAQ
About 12, Colne Springs, Halstead
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