3-bedroom semi-detached house · CO14 8FH
Sold STCListed 271 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** SHARE OWNERSHIP OPPORTUNITY *** Offered with a 25% share is this Three bedroom semi detached house located on the sought after Hamford Park development.
Internally this home offers a modern fitted kitchen with built in appliances, ground floor WC & rear facing lounge diner all presented in good order, the first floor consists of master bedroom with en suite shower room, two further bedrooms and a family bathroom.
Externally is a south facing rear garden and parking for two cars to the front. Hamford park is located close to shops, schools and Walton town centre making this the ideal family home.
What is shared ownership?
Shared ownership is a housing scheme that allows people to buy a percentage share of a property (usually between 25% and 75%) and pay rent on the remaining share, which is owned by a housing association or developer.
Buyers typically take out a mortgage on the part they own and pay subsidised rent on the rest, making it more affordable than buying outright.
Over time, they may have the option to buy additional shares in the property, a process known as staircasing, potentially increasing their ownership up to 100%.
Entrance Hall Composite entrance door, Amtico flooring, smooth ceiling, under stairs storage cupboard, stairs to first floor, radiator.
Kitchen 3.43m (11' 3") x 3.10m (10' 2") Double glazed window to front aspect.
Range of matching wall and base units, quartz work tops inset one and half bowl sink and drainer unit, built in electric oven and four ring gas hob with extractor hood over.
Integrated fridge/freezer, dishwasher and washer dryer, Amtico flooring, smooth ceiling. CLOAKROOM 1.91m (6' 3") x 1.17m (3' 10") Comprising low level WC and wash hand basin. Radiator.
Lounge/Diner 4.72m (15' 6") x 3.91m (12' 10") Double glazed French doors to rear garden, laminate flooring, radiator, smooth ceiling. Landing Fitted carpet, radiator , loft access.
Master Bedroom 2.95m (9' 8") x 2.82m (9' 3") Double glazed window to front aspect, built in wardrobe, fitted carpet, radiator, smooth ceiling, door to En-suite.
En Suite 2.01m (6' 7") x 1.70m (5' 7") Suite comprising low level WC, wash hand basin, shower cubicle with electric shower, radiator. Obscure double glazed window to front aspect.
Bedroom Two 3.30m (10' 10") x 2.62m (8' 7") Double glazed window to rear aspect, fitted carpet, radiator, smooth ceiling.
Bedroom Three 3.30m (10' 10") x 2.01m (6' 7") Double glazed window to rear aspect, fitted carpet, radiator, smooth ceiling.
Bathroom 2.01m (6' 7") x 1.70m (5' 7") Suite comprising low level WC, wash hand basin, panelled bath with shower over, amtico flooring, radiator.
South Facing Rear Garden Extended patio area, timber shed to remain, gate to front, pergola to the rear, remainder laid to lawn.
Agent Notes Monthly Rent of £564.15 Monthly Management Fee Of £2 Monthly Insurance Charge Of £36 Length Of Lease 117 Years
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 Honeypot Way, Walton on the naze
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