Presenting a unique opportunity to invest in a Grade II Listed three-bedroom property located in the sought-after area of Harwich on Market Street. This residence comes with significant renovation potential, offering the chance to enhance its historical features while also creating modern living spaces.
The property includes a generous plot of land, which has been granted planning permission under application no. 15/00615/FUL for the construction of an adjoining four-storey building comprising eight flats. This approval provides an enticing avenue for development and potential rental income or resale value.
Inside, the layout comprises practical spaces across three levels. The ground floor offers a versatile shop floor (16'11" x 14'11"), along with an office area (6'3" x 11'11") and workshop (16'3" x 11'12"), which could be repurposed depending on your vision for the property.
Moving to the first floor, you’ll find a sizeable lounge (15'8" x 14'10") that invites creative design opportunities, alongside a spacious kitchen (17'6" x 13'11"). The first two bedrooms are located on the top floor—Bedroom Two measures 17'8" x 11’0” and Bedroom Three is 14'7" x 11'09", both providing excellent natural light and room for custom renovations. Additionally, there’s a dressing room (10'2" x 8.4") and bathroom (8'5" x 7'4") that can be modernized to meet contemporary needs.
The surrounding location further enhances this property’s appeal. Positioned directly on the harbourside and close to essential amenities including shops, dining options like acclaimed restaurants and pubs, along with transport links via Greater Anglia train station, it holds great promise for future tenants or buyers.
Investors will appreciate the projected financial outlook based on current market conditions; estimated selling prices for the proposed flats are around £140,000 for six two-bedroom units and £125,000 for two one-bedroom units. This presents a compelling case for those looking to capitalize on both residential demand and heritage property value.
This freehold property benefits from mains water, drainage, and electricity connections already established. As you consider your next investment project or renovation opportunity, this property stands out as a valuable option in an attractive location.
