3-bedroom detached house · CO16 9GS
Sold STCListed 9 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Palmer & Partners are delighted to offer for sale this beautifully presented three-bedroom detached family home, built in 2022 and occupying a desirable corner plot in the popular residential area of Otter Way, Clacton-on-Sea.
The property enjoys a pleasant residential setting, conveniently located within easy reach of a range of local amenities, schools, shops and transport links.
Ideally positioned to enjoy the best of both convenience and coastal living, Clacton town centre and the seafront are also easily accessible.
The property opens into an entrance area and leads through to a spacious lounge, featuring double doors opening onto the garden.
There is also a well-appointed kitchen/dining room, fitted with modern units and integrated appliances.
Conveniently located just off the kitchen is a separate utility room and a ground floor cloakroom.
The first-floor landing provides access to three good-sized bedrooms, with the principal bedroom benefiting from fitted wardrobes and a modern en-suite shower room.
A family bathroom completes the first floor.
Externally, the property boasts a landscaped garden, featuring a spacious patio area ideal for outdoor seating and entertaining, together with a lawn and useful garden shed.
The property benefits from an extra-long single garage and ample off-road parking, providing excellent practicality for a family home.
Palmer & Partners would advise an early internal viewing to avoid disappointment.
Entrance Hall Lounge (2.97m x 5.56m) Kitchen (2.77m x 5.56m) Utility Room (1.96m x 1.55m) WC Landing Main Bedroom (3.12m x 5.61m) En-Suite (1.12m x 2.1m) Bedroom Two (2.54m x 3.25m) Bedroom Three (2.77m x 2.29m) Bathroom (2.16m x 1.85m)
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.
Area
Agent & docs
FAQ
About 56, Otter Way, Essex
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