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Turners Hill, Cheshunt, Waltham Cross, EN8 - Image 1
Turners Hill, Cheshunt, Waltham Cross, EN8 - Image 2

Turners Hill, Cheshunt, Waltham Cross, EN8

London

£799,950
Listed on 15/12/2024

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a noteworthy development opportunity in the vibrant center of Cheshunt. Currently, it features a listed office building, which has received planning approval for conversion into two residential apartments: one 1-bedroom and one 2-bedroom unit. Additionally, there is further authorization for the construction of a new two-storey building alongside the existing structure, allowing for the creation of two additional 1-bedroom apartments. The location benefits from easy access to local shops, restaurants, and community amenities, enhancing its appeal for future occupants. Both Cheshunt and Theobalds Grove railway stations are within walking distance, providing direct links to Liverpool Street in approximately 20 minutes. The nearby A10, M25, and A406 offer efficient road connectivity for commuters. For outdoor enthusiasts, the proximity to several woodlands and the Lea Valley Nature Reserve provides ample opportunities for recreation. Cheshunt is currently witnessing significant investment in infrastructure and commercial projects that bode well for property values in the area. Notable developments include Google's substantial $1 billion data center investment and Sunset Studios' £700 million site development, along with Brookfield's £400 million expansion plans. These initiatives are expected to enhance local employment opportunities and attract additional businesses, making this an opportune moment for investment. For further information or to schedule a site visit, please reach out directly. Appointments are necessary for viewings.

Investment Analysis

(EN8 area)
Area Average
£466/sq ft
Avg Rent (weekly)
£351
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (EN8)

Area prices are rising by +2.2% over the last 12 months
3 year growth: 2.0%
5 year growth: 12.5%
Investment Disclaimer: Analysis based on EN8 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

Turners Hill, Cheshunt, Waltham Cross, EN8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,930
Based on a loan of £599,962 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