2-bedroom flat · CM8 1XU
For saleListed 98 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** Information Day on Wednesday 22nd July at Benton Hall Golf & Country Club, Wickham Hill, Witham, CM8 3LH. 11am to 1pm or 2pm to 4pm Call us today on to book your place. ** Coming soon!
Over 55's retirement property for sale in Witham, Essex being built and managed by McCarthy & Stone, the UKs largest retirement builder.
Prices from £425,000 - This Retirement Living development offers 46 well designed one and two bedroom apartments at Gershwin Park.
Set within a peaceful residential setting, the apartments provide single level living while remaining close to local amenities and town facilities.
In addition, the development also offers 19 spacious two-bedroom bungalows with private gardens.
All our retirement property for sale in Witham will be cleverly designed with smart yet stylish features, like easy turn taps, to make life simpler now and in the future.
Low maintenance, warm and stylish, with the latest security and safety features built in, most of our homeowners will enjoy cheaper bills too.
Many of these retirement apartments will have either private patios or balconies.
All offer access to attractive communal spaces, including a fabulous lounge with Wi-Fi and a state-of-the-art audio and video system, plus a gorgeous garden area with seating.
You’ll be looked after by a friendly on-site manager and we find these shared spaces soon become filled with (entirely optional) events, parties and clubs.
Parking is available and well-behaved pets are welcome too.
Location Residents benefit from good transport connections, with Witham station nearby providing direct rail services into London Liverpool Street.
The A12 is also close by, offering straightforward access towards Colchester, Chelmsford and the wider region.
Shops, pubs, cafés, a shopping centre, leisure facilities and everyday services are all within easy reach.
The town is home to a strong sense of community, with local events, clubs and activities taking place throughout the year. Gentle walks along the River Brain add to the appeal.
With their relaxed setting, private outdoor space and village style feel, our Witham bungalows offer an appealing lifestyle for over 60s. Directions Please use the postcode CM8 1XU for SatNav.
Important Information Council Tax Band - tbc Services - We understand that mains water, drainage and electricity are connected to the property.
Tenure - Leasehold EPC rating - tbc Ref - WIT260268/djn Agents note There will be an annual estate management fee which is still being calculated, for further details please contact the Witham office on .
Any CGI's are indicative only of the finished product and internal finishes may differ.
The CGI images are from an example of what our developments look like, using our communities in Southend-on-Sea and Stamford as illustrative examples.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
Area
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FAQ
About Gershwin Park,, Reid Road, Essex
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