2-bedroom flat · CO15 3DL
For saleReduced £10k (−11.1%) on 15 SepListed 99 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available with a complete onward chain is this two double bedroom first floor maisonette enjoying annual outgoings of just £750 per annum, allocated parking and personal electric front door.
Further benefits include a 14'5 lounge, separate 10'2 kitchen and three piece wet room. In the valuers opinion, this property would make an ideal buy to let investment or first time purchase.
Ground Floor Personal Entrance Hall (:) Lounge (14'5 x 11'2 (4.39m x 3.40m)) Kitchen (10'2 x 7'9 (3.10m x 2.36m)) Bedroom One (10'4 x 10'1 (3.15m x 3.07m)) Bedroom Two (10'2 x 9'10 (3.10m x 3.00m)) Wet Room (:) Agents Note We have been advised that the property has an annual service charge of £650 per annum and an associated ground rent of £100 per annum.
Also that the lease is in excess of 100 years remaining. Material Information For This Property:- Tenure is Leasehold. Council Tax Band A. EPC Rating – to be confirmed. Services Connected.
Electricity - Yes. Gas - No. Water - Yes. Sewerage type - Mains. Telephone & Broadband coverage - Unknown.
Prospective purchasers should be directed to website to confirm the coverage of mobile phone and broadband for this property. Any additional property charges - See agents note.
Non standard property features to note - None. Consumer Protection from Unfair Trading Regulations 2008.
The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose.
References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents.
A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are not included unless specifically mentioned within the sales particulars.
We can also not confirm that such items are within the ownership of the seller. They may however be available by separate negotiation.
Floorplans are for guidance purposes only and therefore not to scale.
The agent has assumed relevant planning permissions are in place for any alterations the property has undergone and it is the responsibility of the seller to confirm this via their solicitor.
Money Laundering Regulations 2003 - Any prospective purchasers' will be asked to produce photographic identification and proof of residential documentation once entering into negotiations for a property in order for us to comply with current 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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 8, Empire Court, Clacton on Sea
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