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Cadmore End

East of England

£775,000
Listed on 21/01/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1119 sqft

Description

This four-bedroom detached residence is nestled in a sought-after semi-rural area, presenting a valuable opportunity for those looking to invest in a property that requires comprehensive renovation. With its generous layout, the home provides ample space for creative remodeling to suit modern living standards. The property features a spacious 65ft rear garden that borders a wooded area, offering a serene backdrop and potential for landscape enhancements. Inside, the main bedroom is equipped with an en suite bathroom and dressing room, complemented by three additional bedrooms that can accommodate various needs. The family bathroom, entrance hall, cloakroom, living room, dining room, study, and kitchen create a versatile living environment ripe for reconfiguration. Also included are practical elements like a double garage and driveway parking. While the property currently utilizes oil-fired central heating and has mostly double-glazed windows, there is significant scope to upgrade systems for improved energy efficiency. Importantly, planning consent to extend the home has already been granted under reference 24/06028/FUL, paving the way for future expansion. This location not only offers a peaceful setting but also benefits from proximity to local amenities and transport links. No onward chain simplifies the purchasing process. Council Tax falls under band F with an EPC rating of D, indicating areas where enhancements can boost value. Overall, this property stands as a promising investment with considerable potential for transformation into a modern family home.

Investment Analysis

(HP14 area)

Above Market Value

This property is priced +42.9% above area average per sq ft

+42.9%
This Property
£693/sq ft
Area Average
£485/sq ft
Avg Rent (weekly)
£448
Avg Yield
3.7%

Renovation Potential

Est. Renovation Cost
£77,500 - £193,750
10-25% of property value
Target Value
£596,494
10% above area average per sq ft
Potential ROI
-38.4%
After renovation
Monthly Sales
15
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (HP14)

Area prices are falling by +3.4% over the last 12 months
3 year growth: -8.4%
5 year growth: 18.0%
Investment Disclaimer: Analysis based on HP14 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Cadmore End
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