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Queen Street, Halstead CO9

East of England

£360,000
Listed on 31/01/2024

Property Details

Bedrooms
4
Type
Detached house

Description

This distinctive former United Reform Church presents a unique opportunity for renovation and investment in a desirable North Essex village known for its charm and community spirit. The building, which is listed as Grade II*, boasts significant architectural features that reflect its historical value. Recently granted planning consent enables the transformation of this impressive structure into a contemporary residence. The proposed design emphasizes a two-level layout that maximizes the building's expansive interior spaces, including soaring ceilings and large windows that invite natural light. Original elements, such as the pulpit, are slated to be preserved as captivating focal points within the principal living area, while select pews will add character to the home. The ground floor plan offers a versatile arrangement suitable for modern living, featuring an airy main living space situated within the church's lofty double-height area. This area flows seamlessly into a semi-open plan kitchen and breakfast nook, complete with French doors leading to the garden. A spacious study or home office at the front of the property benefits from abundant natural light through large windows. Additional ground floor amenities include a generous utility room and two well-sized double bedrooms. Upstairs, the plans reveal two impressive en-suite bedrooms positioned within an elevated gallery space. The inclusion of stained-glass windows allows for picturesque views that further enhance the unique atmosphere of this potential home. Surrounded by a large driveway capable of accommodating multiple vehicles, there is also a partly walled courtyard featuring an attractive yew tree as a central element. The expansive rear garden offers ample space for landscaping, promising to become a private outdoor retreat ideal for family gatherings and entertaining. Set on approximately 0.24 acres (subject to survey), this property not only provides substantial living space but also holds remarkable investment potential through its conversion possibilities in an attractive location. Please note that there is a pedestrian right of way across the yard leading to the neighboring property’s garden gate. Additionally, this property is EPC exempt and falls under freehold tenure with no applicable council tax band at present.

Investment Analysis

(CO9 area)
Area Average
£339/sq ft
Avg Rent (weekly)
£293
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£200,000 - £350,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (CO9)

Area prices are rising by +2.2% over the last 12 months
3 year growth: 2.9%
5 year growth: 8.0%
Investment Disclaimer: Analysis based on CO9 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Queen Street, Halstead CO9
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,319
Based on a loan of £270,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE