Worst House on the Street Logo
High Street, Halstead CO9 - Image 1
High Street, Halstead CO9 - Image 2
High Street, Halstead CO9 - Image 3
High Street, Halstead CO9 - Image 4
High Street, Halstead CO9 - Image 5

High Street, Halstead CO9

East of England

£3,200,000
Listed on 07/05/2025

Property Details

Bedrooms
N/A
Type
Detached house
Area
9100 sqft

Description

This freehold building presents a unique investment opportunity in the center of Halstead’s vibrant High Street. Benefiting from substantial visibility and consistent foot traffic, this property stands out as an attractive option for investors, developers, or those looking to occupy a space with potential for growth. Spanning approximately 9,100 square feet and featuring a 12-space car park at the rear, this offering is notable for its size and versatility. Currently operating as a fully licensed bar restaurant under Class E commercial use, the ground floor provides an excellent platform for continued retail or dining ventures. The upper floors are currently configured as office space but hold promise for conversion into residential apartments or a hotel, subject to planning permission. The interior maintains several charming features such as high ceilings and large display windows, which enhance its character while providing ample room for reconfiguration. Located in a bustling area with strong local amenities—including shops, cafes, and supermarkets—this property is well-positioned to leverage the demand from both residential and commercial sectors. Its close proximity to public transport options further adds to its appeal, especially given Halstead's popularity among commuters and families alike. Overall, this building not only offers immediate operational potential but also presents significant value-add opportunities through renovation or redevelopment. This is a rare chance to acquire a prominent asset in a thriving town that could yield exceptional returns. Viewings are available by appointment only.

Investment Analysis

(CO9 area)

Above Market Value

This property is priced +3.7% above area average per sq ft

+3.7%
This Property
£352/sq ft
Area Average
£339/sq ft
Avg Rent (weekly)
£293
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £200,000
Target Value
£3,395,392
10% above area average per sq ft
Potential ROI
-0.1%
After renovation
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

High Street, Halstead CO9
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£11,722
Based on a loan of £2,400,000 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.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

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