Windmill Lane, Waltham Cross, EN8
London
£395,000Guide Price
Listed on 29/10/2026
Listed on 29/10/2026
The listing
Property details
Bedrooms
3Type
End Of TerraceArea
778 sqftFeatures
- Garden
Description
This three-bedroom cottage in Cheshunt has a lounge/dining room, kitchen and ground-floor bathroom, with the bedrooms on the first floor. The stated accommodation is approximately 72.2 sq m (778 sq ft). The existing layout offers scope for updating to suit a purchaser's needs.
A particularly large rear plot is a notable feature, with space for landscaping and the possibility of considering an extension or separate dwelling, subject to planning permission and all relevant consents. The property is in an established residential area, with local shops, schools and everyday amenities nearby. The listing states that a station is around a five-minute walk away, with services to London Liverpool Street taking approximately 25 minutes.
Offered through the modern method of auction, the sale involves a non-refundable reservation fee of £8,975 including VAT, payable in addition to the agreed purchase price. Buyers should review the auction terms and legal pack and verify the property details and any development possibilities before proceeding.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
44out of 100
Grade ELow opportunity
Confidence: MEDIUM
The generous rear garden is the standout: it offers room to reclaim the outdoor space and shape a more individual home, while the stated three-bedroom layout and walkable station access add practical appeal. Inside, the dated finishes across several rooms give a clear medium-scale improvement project, and the overgrown garden is another visible opportunity to tackle.
The price is the sticking point. At £395,000, the asking price is already above the local average per square foot; combined with a mid-to-substantial programme of works, the purchase-and-improvement costs look stretched against local benchmarks for a home of this floor area. That is a comparison with current local averages, not a forecast of the value after renovation. The listing also mentions possible extension or separate-dwelling options, but these depend on planning and other consents and are not established by the available information.
Key opportunities
- Rework the dated finishes across the living spaces and bedrooms to create a more cohesive interior.
- Clear and landscape the substantial rear garden, improving its usability and making the most of the plot.
- The dated kitchen and ground-floor wet room offer scope for tailored updates as part of the wider improvement plan.
Key risks
- The asking price is above the local £/sqf average, and adding a mid-to-substantial improvement programme leaves the overall outlay stretched against local benchmarks for this floor area.
- Brown discolouration is visible on a bedroom ceiling; its cause and whether any remedial work is needed are not established by the photographs.
- Purchase plus the works band looks tight once the asking price and a mid-to-substantial refurb are combined, leaving a gap of around 21% versus area norms for this sqft, so margin after refurbishment is unproven.
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Transport
Nearest stations
Cheshunt Rail Station
0.2 miles
Train · Cheshunt
Theobalds Grove Rail Station
0.8 miles
Train · Theobalds Grove
Waltham Cross Rail Station
1.2 miles
Train · Waltham Cross
Enfield Lock Rail Station
2.2 miles
Train · Enfield Lock
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,492
Based on a loan of £296,250 over 30 years at 4.45% 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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