1-bedroom flat · CO15 1TW
Sold STCListed 175 days
Opportunity summary
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About
OVERVIEW 25% NOW RESERVED!
- contact our sales office for further enquiries Jackson and co are pleased to present Plot 12 at Mayfield Place which is a stunning one bedroom second floor apartment - featuring a large open plan living space benefiting from a modern fitted kitchen.
You will also find doors to a three piece bathroom suite and double bedroom off the entrance hall.
Mayfield Place, a unique collection of converted and newly built apartments in the popular seaside town of Clacton-on-Sea.
An exciting choice of modern, chic, and comfortable accommodation arranged over four floors consisting of studio, one and two-bedroom apartments and penthouses.
You'll find yourself just minutes away from anything you could want - from Clacton railway station, beach, and High Street all within walking distance from your apartment, this is certainly a great place to call home.
Sitting within an area surrounded by amenities, close to Clacton train station with a direct link to London Liverpool Street, walking distance to the high street and to the beachfront, the development is perfectly positioned for a commuter or first-time buyer.
Designed and constructed by highly experienced property professionals, the new homes reinvigorate their former footprint within the original building and the brand-new side elevation extension fuses seamlessly into the familiar landscape.
Each apartment at Mayfield Place will be a perfect timeless canvas for your own individual tastes, and a place you'll be excited to call home.
With thoughtfully designed layouts, each apartment on the inside has been expertly planned to utilise light and space.
LOCATION Being the largest seaside town on the Essex sunshine coast, Clacton-on-Sea has a vibrant mix of coast, country, and urban life.
A sought-after area with more and more people desiring a home close to the sea.
When you decide to leave the comfort of your apartment, Clacton has so much to offer with everything you expect from a coastal town.
With the beach, cafés, promenade, pier, and all amenities within walking distance from your apartment this is certainly a great place to call home.
For the commuter, regular trains run directly to London Liverpool Street making this a savvy switch from high house prices and the cost of living in the city, to extremely affordable living without compromising on lifestyle and choice.
Britain's oldest town Colchester, which has recently been awarded City status, is just 28 minutes away by train or only 16 miles by car.
The city of culture, compassion and creativity offers excellent employment opportunities and is home to the University of Essex and University Centre Colchester.
With easy links by road, train, coach, ferry and plane and the centre of London only an hour and a half away, makes it an easily accessible destination. AGENTS NOTES Service Charge (£PA) TBC (approx.
£1000 per annum) Ground Rent (£PA) £0 Lease Remaining 999 Years Estimated Rental Income £850pcm Estimated Completion Autumn 2023 Please be advised the images shown are for indicative purposes only and CGI generated photos providing an example of a finished apartment.
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.
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About Plot 12, Mayfield Place, Station Road
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