2-bedroom flat · CO5 9AE
For saleListed 48 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two bedroom duplex apartment is situated in the sought after village of Kelvedon making it an ideal first time buyers purchase and benefits from two reception rooms and two bathrooms.
The front door opens into a light, spacious, versatile reception room, with windows to front and rear aspects and stairs rising to the first floor.
The main living accommodation is accessed from the first floor landing.
With high ceilings, the open plan living/dining room is a lovely bright and airy room with three large Georgian style windows and an original cast iron feature fireplace surround.
The modern fitted kitchen has a range of wall and base units, inset sink to granite work surface, integrated appliances include: Fridge/freezer, dishwasher, washer/dryer, oven and hob with extractor fan over.
The principal bedroom also has high ceilings and two Georgian style windows with an en suite comprising a large shower cubicle, wash hand basin, WC and a heated towel rail.
Bedroom two has a window to the side and a storage cupboard. The bathroom is fitted with a panel enclosed bath with shower over, WC, wash hand basin, Georgian style window and a heated towel rail.
Outside The property has an allocated parking space with EV charging point. Location Kelvedon is a popular village with a variety of shops, pubs and restaurants serving day to day needs.
Educational facilities include St Mary's Primary School, rated 'Outstanding' by Ofsted, and the property is close to both Honywood and Thurstable secondary schools.
Also nearby are King Edward VI Grammar School, Chelmsford County High for Girls and Colchester Royal Grammar School.
The village is bypassed by the A12 which leads to Colchester and Chelmsford with links to the M25 and London.
The mainline railway station at Kelvedon is within walking distance (journey time to London Liverpool Street approx. 50 minutes). Directions Please use the postcode CO5 9AE for SatNav.
Important Information Council Tax Band - A Services - We understand that mains water, drainage, gas and electricity are connected to the property.
Tenure - Leasehold Lease details - Subject to confirmation from the management company.
EPC rating - C Ref - WIT260365/gas Agents note Any intending viewers or purchasers are advised of the following: An EWS1 form ( External Wall Survey) may be recommended for certain apartment buildings dependant on issues such as the height of the structure.
The positioning of balconies and composition of any external cladding.
Fenn Wright have not undertaken any such assessment in respect of this particular property and this note has been added to all flats being offered for sale throughout our business as appropriate general guidance.
We recommend that potential purchasers seek advice from their solicitor and an independent Chartered Surveyor before committing to a purchase. Currently a tenant in situ
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About Flat 3, 59a, High Street, Colchester
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