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See how verdicts work3-bedroom detached house · CO7 0JP
Listing removedListed 374 days
Opportunity summary
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About
*** FOR SALE BY LIVE PUBLIC AUCTION ON TUESDAY 18th NOVEMBER 12:00PM *** FOR MORE INFORMATION OR TO REGISTER TO BID PLEASE CONTACT THE AUCTIONEER A FREEHOLD 3 BEDROOM DETCHED BUNGALOW OFFERED WITH VACANT POSSESION REQUIRING A FULL PROGRAMME OF MODERNISATION.
THE PROPERTY OFFERS OFF ROAD PARKING FOR 2/3 FAMILY CARS A vacant three bedroom, detached bungalow, situated in the sought after mid-Brightlingsea area, within walking distance to the Town Centre, Beach and both schools.
The property is in need of a full programme of renovation and decorative updating.
ACCOMMODATION Entrance Hall Lounge: 17’5” x 10’5” (5.30m x 3.18m) Kitchen: 14’8” x 14’2” (4.47m x 4.32m) Utility Room: 9’10” x 7’7” (3.00m x 2.31m) Bedroom 1: 10’1” x 9’11” (3.07m x 3.02m) Bedroom 2: 10’0” x 9’11” (3.04m x 3.02m) Bedroom 3: 9’10 x 7’7” (3.00m x 2.31m) Bathroom: EXTERIOR The property has a block paved driveway suitable for 2/3 family cars, the southern boundary access is fenced off and overgrown making it inaccessible.
The northern boundary has a paved footpath leading to the rear garden and utility room door.
The rear garden is mainly laid to lawn but does have a block built shed and paved walkway around the perimeter of the property.
LOCATION Brightlingsea is a coastal town and civil parish in the Tendring district of Essex.
It is situated between Colchester and Clacton-on-Sea, at the mouth of the River Colne, on Brightlingsea Creek.
Its traditional industries included fishery (with a renowned oyster fishery) and shipbuilding. Brightlingsea was for many years twinned with French oyster fishery port Marennes, Charente-Maritime.
The property is situated in the "mid-Brighlingsea area" which is sought after as a desired location in the area, it's about half a mile north of Waterside Marina.
NOTES The property is being offered for sale by Live Public Auction, the auction will be HELD AT THE PROPERTY whilst simultaneously being live streamed to the internet to allow for bidders who cannot attend.
The auction will commence at 12:00pm sharp. All bidders must have registered to bid on our website no later than 5pm Monday the 17th of November. VIEWING Strictly by appointment with the Auctioneer.
Tenure: Freehold EPC Rating: D Administration Fee: 0.6% inc VAT of the purchase price, subject to a minimum of £900 inc VAT, payable on exchange of contracts.
Buyer's Premium Fee: 1.8% inc VAT of the purchase price, subject to a minimum of £1800 inc VAT, payable on exchange of contracts. Disbursements: £5040 inc VAT payable on completion.
Value & comps
No previous sales on record.
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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 starting price
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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 8 Upper Park Road, Brightlingsea, Colchester, Essex CO7 0JP
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