2-bedroom bungalow · CO5 9AP
Listing removedListed 519 days
Opportunity summary
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About
This exclusive brand new development of 7, two bedroom detached bungalows for the over 60's, has been finished to a high specification.
The properties are conveniently placed next to St Dominic's care home in Kelvedon. MANAGEMENT FEE = £1000pa for all communal areas.
This exclusive brand new development of seven two bedroom detached bungalows, for the over 60's, have been built by local and highly regarded Kingsland Property Company to a high specification.
The properties are conveniently placed next to St Dominic's care home in Kelvedon There are four separate layouts and all offer open plan living, generously sized bedrooms with fitted wardrobes and fitted kitchens with appliances.
The properties are all fitted with air source heat pumps with underfloor heating, solar panels with battery storage.
The properties all benefit from off road parking and private porcelain tiled courtyard gardens.
Specification Kitchens Supplied and fitted by Wentworth comprising of: Siemens integrated oven Siemens fridge freezer Siemens ceramic hob Siemens microwave Siemens washing machine Clear water white sink with drainer Wood effect worktops with matching upstands Bathroom All white sanitary ware supplied by Kent Blaxill Ceramic tiling to shower/bath Vanity basin unit Ceramic tiled floor Chrome heated towel rail Heating Air source heat pump with under floor heating Mechanical heat recovery system Solar PV panels with battery storage Joinery and doors Light Oak faced internal doors OG skirtings and architraves Double glazed uPVC window frames and patio doors Steel security front door Wentworth fitted wardrobes Electrical Low energy downlighting to kitchen and bathroom Other rooms ceiling pendants Multi media points to lounge TV points to bedrooms Ample socket switches in white External finishes Rear gardens mostly paved with some planting areas Front areas turfed Hedges and front turfed areas maintained by management company Annual service charge applicable Additional information Build Zone 10 year warranty A rated energy efficiency Please note the photography are of the show Home.
Location Kelvedon is a popular village between Colchester and Chelmsford, with a variety of shops, pubs and restaurants serving day to day needs.
Educational facilities include St Mary's Primary School which Ofsted has rated as 'outstanding' and the property is close to both Honywood and Thurstable secondary schools.
Additionally there is King Edward VI Grammar School along with Chelmsford County High for Girls and Colchester Royal Grammar School.
The village is bypassed by the A12 which leads to Colchester and Chelmsford and 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 9AP for SatNav.
Important Information Council Tax Band - TBC Services - We understand that mains water, drainage and electricity are connected to the property. Heating is via air source heat pump.
Mechanical ventilation with heat recovery system. Solar panels with battery storage. Tenure - Freehold EPC rating - TBC Management charge: Amount to be confirmed.
Agents Note: - The internal photos shown are of Plot 1 the show home. -Choices are subject to build stage & availablity.
-Each bungalow will be connected to the care home’s emergency call system, and there will be an option to purchase now or later in life varying levels of additional care packages’ Our ref - WIT240360
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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.
Area
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FAQ
About Plot 4, Dominics Way, Kelvedon, Colchester, Essex, CO5
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