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See how verdicts work2-bedroom flat · CO5 9AS
Sold STCListed 135 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price - £175,000-£180,000 - Presented to an extremely high standard is this beautifully presented two bedroom first floor apartment, being offered with no onward chain.
The property is situated in the heart of Kelvedon within walking distance to local amenities and train station with links to London Liverpool street.
As the property benefits from great commuter links, this is the perfect property for first time buyers, commuters and investment buyers, the property could achieve a rental income of £1,100 pcm, with a return yield of 6%.
Internally the property includes a modern kitchen with integrated oven and hob with extractor above and space for further appliance, lounge/diner, two bedrooms and a modern shower suite.
Outside there is the benefit of an allocated parking space and also four visitor permitted parking bays.
The village has the benefits of that quieter village life with local pubs and restaurants, it is also a short distance away from large supermarkets and links onto the A12 with its route to London and the M25.
The Kelvedon Station has direct services to London's Liverpool Street taking roughly 50 minutes.
Local amenities include a primary school, One Stop shop, Co-op, convenience store, dentist, Post Office and more.
The main supermarkets are located in Witham, the Tollgate Centre in Colchester and other facilities are two and a half miles away in Tiptree.
ACCOMMODATION Lounge/diner - 11ft 5 x 11ft1 (3.5m x 3.38 m) Kitchen - 11ft x 5ft 9 (3.35 m x 1.79) Bedroom One - 10ft 6 x 11ft 7 (3.23m x 3.56m) Bedroom Two - 8ft 4 x 5ft2 (2.5m x1.58) Shower room - 7ft 5 x 4ft10 (2.28m x 1.24m) LEASE INFORMATION Length of lease - To the best of our knowledge the lease stands at 125 years from 18th November 1992, with 91 years remaining Service charge for flat - £1,215 including ground rent Council Tax Band - B Local Authority - Braintree district council Broadband Availability - Superfast Broadband Available with speeds up to 72mbps (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 EE, Three, Vodafone and O2 (details obtained from Ofcom Mobile and Broadband Checker) - March 2025.
Utilities - Mains Electric Mains Water Mains Sewerage Construction Type - We understand the property to be of Traditional Construction of Brick and Block.
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 March 2025 - 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
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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