2-bedroom flat · CO6 1TN
For saleListed 2 days
Opportunity summary
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About
A well-presented two-bedroom retirement apartment for the over 55s, situated in the heart of Coggeshall.
Lakes Meadow offers an active, friendly community with attractive communal gardens, social areas and residents' parking, all conveniently close to the town's amenities.
Situated in the heart of the historic market town of Coggeshall, this well-presented two-bedroom retirement apartment forms part of the popular Lakes Meadow development, exclusively available to residents aged 55 and over.
Lakes Meadow offers an excellent balance of independent living and a friendly, sociable environment, with a lively community of residents, beautifully maintained communal gardens and shared meeting areas where neighbours can get together and enjoy a range of social activities.
The apartment itself offers approximately 581 sq ft of accommodation, comprising an entrance hall, a comfortable lounge with an attractive fireplace and plenty of natural light, and a separate fitted kitchen with a good range of storage cupboards and worktop space.
There are two bedrooms, with the second offering flexibility for use as a guest bedroom, dining room or study. A shower room completes the accommodation.
Outside, residents enjoy access to attractive landscaped communal gardens, with areas of lawn, established planting and seating areas, including a pleasant terrace with tables and parasols.
These provide an ideal setting for relaxing outdoors or socialising with neighbours during the warmer months. The development also benefits from a residents' and visitor's car park.
One of the principal attractions of Lakes Meadow is its central location.
Coggeshall's independent shops, cafés, restaurants and everyday amenities are conveniently close by, allowing residents to enjoy everything this charming market town has to offer.
For those looking to downsize without compromising on independence or an active social life, Lakes Meadow presents an excellent opportunity to become part of a welcoming and established community.
Location Nestled in the Essex countryside, Coggeshall is a charming village renowned for its rich history and beautiful medieval architecture.
With origins dating back over a thousand years, the village boasts a stunning collection of timber-framed buildings, including the famous Paycocke’s House and Grange Barn, reflecting its prosperous past in the wool trade.
Coggeshall is more than just a historical gem; it’s a vibrant community that hosts various local events throughout the year, such as the annual music festival, numerous beer festivals and festive Christmas markets.
The surrounding countryside offers ample opportunities for outdoor activities, making it perfect for nature lovers. Despite its tranquil setting, Coggeshall enjoys excellent connectivity.
The nearby A120 provides easy access to Colchester, Chelmsford, and Stansted Airport.
Witham and Kelvedon railway stations are also just a short drive away, offering direct services to London Liverpool Street.
There is also the additional benefit of a community bus service available for the morning and evening rush hour at various pick up points in the village to Kelvedon station and return.
The village’s thriving local scene includes independent shops, cafes, and restaurants, adding to its distinctive character.
Whether you’re drawn to its history, community spirit, or convenient location, Coggeshall offers an idyllic blend of rural charm and modern amenities, an ideal place to call home.
Entrance Hall Lounge 4.38m x 3.18m Kitchen 4.46m x 1.67m Bedroom 1 3.32m x 3.13m Bedroom 2 3.31m x 2.55m Shower Room Agent's Note The lease is 125 years from 1st January 1989 Ground rent is £500 pa.
Maintenance charge is £259.41 Pcm When the property is sold 0.5% plus vat is paid to the management company by the seller on completion
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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