2-bedroom terraced house · CO5 9JX
For saleReduced £45k (−18.4%) on 22 MayListed 252 days
Opportunity summary
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About
Guide price - £200,000-£225,000 - A well-presented two/three-bedroom end of terrace home situated within a popular over-55s development in Fullers Close.
The property is entered via a porch, leading into a spacious dual-aspect lounge/diner that is filled with natural light and offers pleasant views over the surrounding grounds.
The kitchen is in good order and features an integrated electric eye-level oven, electric hob, and space for a washer-dryer and fridge-freezer.
There is an additional reception room on the ground floor which could be used as a dining room or third bedroom, with a door opening directly onto the patio area — an ideal spot to relax during warmer months.
A ground-floor shower room completes the accommodation on this level. Upstairs, there are two bedrooms, both benefiting from fitted wardrobes.
The first floor also includes an airing cupboard off the hallway and a family bathroom.
Outside, the property benefits from a garden store, access to well-maintained communal gardens, communal parking, access to a garage and the use of the residents’ communal lounge for socialising and activities.
The property is being marketed with No onward chain to secure a quick purchase.
Fullers Gate comprises 10 cottage-style properties and five bungalows designed for the retired and constructed by Anglia Secure Homes.
Twice-weekly coffee mornings take place in the residents’ lounge (which has a kitchen and WC) – it is also possible to reserve this large space for entertaining friends and family.
There is a visiting Development Manager who can be contacted from various points in the property in case of an emergency. For periods when manager is off duty, there is a 24-hour Appello call system.
Fullers Gate is in an extremely convenient location with the high street accessible via a private path.
Amenities include a doctor’s, dentists, chemist, post office, well-stocked Cooperative food store, two cafes, a sandwich shop, pubs, hairdressers, opticians, butchers and fish shop, as well as several fast-food outlets.
Kelvedon mainline station is on a direct route to London Liverpool Street, which takes approximately 50 minutes.
ACCOMMODATION Lounge- 13'10 x 11'2 Kitchen - 9'10 x 6'1 Dining room/Bedroom Three - 10'3 x 7'5 Shower room- 6'1 x 6'0 First Floor Bedroom One - 13'11 x 8'4 Bedroom Two - 13'9 x 7'4 Bathroom - 6'5 x 6'1 LEASE INFORMATION Length of lease - The lease stands at 99 years from 1989 with 63 years remaining.
Service charge - 31/03/26 year end £4,896.20 Ground rent - approximately £265.22 The Ground Rent for the Garage is £4 per year Local Authority - Braintree district council Broadband Availability - Ultrafast Broadband Available with speeds up to 1000mbps (details obtained from Ofcom mobile and Broadband checker) Mobile Coverage - It is understood that the best available mobile service in the area is provided by Three, Vodafone, EE and O2 (details obtained from Ofcom Mobile and Broadband Checker) - February 2026.
Utilities - Mains Electric Mains Water Mains Sewerage Construction Type - Brick walls and slate roof Flood Risk - Data Taken from Gov.UK Flood Map.
The property is located in flood zone 1 which means it has a low probability of flooding from rivers and the sea.
Planning Applications in the Immediate Locality - Checked February 2026 - We are not aware of any planning applications in the immediate locality.
MONEY LAUNDERING REGULATIONS - Please be advised that all purchasers will need to adhere to currents laws of money laundering and therefore will need to provide Boydens Estate Agents photographic identification and proof of residency identification before any transaction is started to comply with the legislation.
Value & comps
No previous sales on record.
Returns
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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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