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Falcon House, King Street, Castle Hedingham, Essex CO9 - Image 1
Falcon House, King Street, Castle Hedingham, Essex CO9 - Image 2
Falcon House, King Street, Castle Hedingham, Essex CO9 - Image 3

Falcon House, King Street, Castle Hedingham, Essex CO9

East of England

£390,000
Listed on 08/04/2026

Property Details

Bedrooms
4
Type
Town House
Area
2645 sqft

Description

This exceptional Grade II listed property in Castle Hedingham presents a noteworthy opportunity for conversion into a stunning four-bedroom residential home. Retaining numerous charming 17th-century architectural elements such as intricate cornicing, sash windows, and elegant marble fireplaces, the property is currently configured as commercial premises but has recently received planning approval for residential use. Upon entering, you are welcomed by a grand hallway featuring an ornate turned staircase alongside detailed door surrounds and wall paneling. The ground floor boasts three office spaces that can be reimagined as a contemporary kitchen and spacious living area or study. Descending further leads to a sizable cellar which offers potential for additional living space or storage. The first floor's staggered landing opens to three sizeable rooms intended for transformation into large double bedrooms equipped with en-suites and a family bathroom, complete with original features that invite natural light through the sash windows. Meanwhile, the second-floor kitchen area and landing can be converted into an expansive bedroom suite complete with an en-suite bathroom and dressing room, benefiting from existing planning permissions. Externally, the property features an open courtyard at the rear with side gate access to the front, along with a separate outbuilding ripe for conversion into additional living space or practical storage solutions. This versatile property is primed for imaginative renovation that marries its historic character with modern-day living demands.

Investment Analysis

(CO9 area)

Below Market Value

This property is priced -55.7% below area average per sq ft

-55.7%
Potential saving
This Property
£147/sq ft
Area Average
£333/sq ft
Avg Rent (weekly)
£295
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£968,864
10% above area average per sq ft
Potential ROI
+79.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (CO9)

Area prices are falling by -5.4% over the last 12 months
3 year growth: -2.5%
5 year growth: +2.5%
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

Falcon House, King Street, Castle Hedingham, Essex CO9
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,381
Based on a loan of £292,500 over 30 years at 3.91% 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.

Price History

-22.0% since listed
£390,000£85,000(-17.9%)
12/12/2025
Current price
£475,000£25,000(-5.0%)
05/07/2025
£500,000Initial listing
18/03/2025

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