Hammondstreet Road, West Cheshunt - Development Opportunity
TA

Hammondstreet Road, West Cheshunt - Development Opportunity

By Taylor Phelps

£ 685,000

Reviews

2 out of 5 stars

Taylor Phelps says ..

Development Opportunity - Taylor Phelps are delighted to offer this development opportunity! Plans pass for the erection of two high spec detached houses! These houses will be set over three levels and boast four bedrooms with four bathrooms across 2000 square feet each! All enquires hello@ta...

Property Oracle says ..

This listing presents a development opportunity in West Cheshunt, Hertfordshire, offering the chance to build two detached four-bedroom houses. The architectural plans showcase a modern design, with each house spanning approximately 2000 square feet, including four bedrooms and four bathrooms. The location is favourable, with access to several ‘Good’ rated primary schools within a couple of kilometers. Commuting options are available via nearby train stations, although not within walking distance. The price of £685,000 for the development opportunity needs to be assessed against the estimated construction costs and the potential sale values of the completed houses. The provided information lacks detail on land area per property, which makes it difficult to definitively judge the value for money. The small plot and need to build two houses may result in a lower profit margin compared to larger plots. The absence of images showcasing the current condition of the plot also restricts a more comprehensive analysis. Interested parties should independently verify all the details and conduct thorough due diligence before making an investment decision.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
5
Location
7
Land
4
Bedrooms
4
Bathrooms
4
Sqft (est)
1,687.46

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
739,807.00 £
Increased by 4.39 %
from 708,703.00 £
Est sale value
855,542.22 £
Increased by 2.63 %
from 833,605.24 £
Average area rental value
2,100.00 £/mo
Decreased by 35.58 %
from 3,260.00 £/mo
Est letting value
1,687.46 £/mo
Decreased by 50.00 %
from 3,374.92 £/mo
Est rental Yield
3.41 %
Decreased by 38.22 %
from 5.52 %
Crime Rate
14.00 %
Unchanged by 0.00 %
from 14.00 %

Agent Activity

  • Taylor Phelps marked this listing as sold.

  • Taylor Phelps created the listing.

Nearby Schools

NameTypeOfstedDistance
Fairfields Primary School And NurseryCommunity SchoolGood2.04 KM
Goffs Oak Primary & Nursery SchoolCommunity SchoolGood2.25 KM
Flamstead End SchoolAcademy ConverterOutstanding2.25 KM
Woodside Primary SchoolAcademy Converter2.35 KM
Goffs AcademyAcademy ConverterGood2.67 KM

Images

hammond.jpg board image 1.jpg hammond image.jpg Office Shots-11.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
The Mount £ 000.00 KM
Larch Close £ 000.00 KM
Sycamore Close £ 000.00 KM
Tanfield Farm £ 000.00 KM
Jubilee Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Cuffley6008CUF4.00 KM
Bayford6006BAY4.60 KM
Crews Hill6007CWH5.34 KM
Theobalds Grove6949TEO5.57 KM
Cheshunt6814CHN6.10 KM

Nearby Listings

AddressPriceTypeScoreDistance
Hammondstreet Road, West Cheshunt - Development Opportunity £ 685,000BUY5 / 100.00 KM
Sheldon Close, West Cheshunt £ 585,000BUY7 / 100.06 KM
Old Grove Close, West Cheshunt £ 599,950BUY6 / 100.10 KM
Hammondstreet Road, Waltham Cross, EN7 £ 550,000BUY6 / 100.12 KM
Nutwood Gardens, West Cheshunt £ 610,000BUYUnknown0.14 KM

Nearby Properties

AddressPriceDistance
4 Sheldon Close £ 628,0000.06 KM
3 Sheldon Close £ 344,0000.06 KM
7 Sheldon Close £ 565,0000.06 KM
12 Sheldon Close £ 532,5000.06 KM
5 Sheldon Close £ 470,0000.06 KM