1-bedroom flat · CO14 8PS
Listing removedReduced £25 (−2.6%) on 23 JulListed 239 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroom retirement apartment situated on the ground floor with a south easterly aspect.
The property benefits from a bright and airy living/dining room with a doorway that leads through to the fitted kitchen which has spaces for freestanding appliances.
The bedroom has fitted wardrobes and the bathroom includes a shower enclosure. Offering the benefits of retirement community living, allowing you to live independently.
Peace of mind that the 24 hour careline alarm service and on site manager is there to help if required.
There are opportunities to socialise with other residents in the communal lounge for coffee mornings or simply enjoy the gardens without the burden of doing any of the maintenance!
The development guest suite is available for visiting family and friends. Ideally situated close to local shops, a supermarket, chemist, doctors and a post office.
Walton on the Naze is a traditional seaside town with many wonderful walks and nature reserves, one of the longest piers in Britain and miles of golden sandy beaches.
The local bus service links Walton with the nearby towns of Clacton-on-Sea and Colchester.
*Please note, furniture/electrical appliances maybe removed prior to a tenancy commencing and will not form part of the tenancy. *Service charge and ground rent are paid by the landlord.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
Agent & docs
FAQ
About 24, Havencroft Court, North Street, Walton On The Naze
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