2-bedroom flat · CO15 1UU
For saleListed 60 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Service charge (For Leasehold tenure): £2306 per year. wake up to this view every day!
Spacious top floor apartment boasting panoramic sea views from the balcony - lift service available and covered parking to rear - close to the famous pier and leisure amenities.
Property additional info entrance foyer: Communal area with intercom entry and stairs or lift to top floor.
Entrance hall: Good size area with double glazed rear picture windows affording distant roof top views over Clacton’s town centre, two double built in storage cupboards and additional single cupboard, telephone point, entry phone, electric heater.
Lounge/diner: 28’ x 12’ Spacious room with panoramic sea views to front and roof top views to the rear, TV point, two modern electric heaters, double glazed patio doors to:- balcony: Good size with direct views over the “Gardens” and promenade along the coastline.
Kitchen: 11’6” x 8’3” Range of work surfaces with drawers and cupboards under, plumbing for washing machine, inset sink unit, matching wall cabinets with extractor hood, tiled walls, double glazed rear window with roof top views.
Bedroom 1: 12’3” x 9’9” Wall to wall built in wardrobe/storage cupboards, double glazed front window with sea view towards Clacton pier, electric heater.
Bedroom 2: 10’ x 8’9” Built in wardrobe/storage cupboards, modern electric heater, double glazed front window with sea view.
Bath/shower room: Good size room with white suite comprising corner bath, fully enclosed shower cubicle, vanity wash basin with cupboards under, low level wc., tiled walls and flooring, built in airing cupboard, built in storage cupboard, heated towel rail, double glazed side window with distant sea view.
Outside: Communal gardens and covered parking for two cars to the rear aspect. Tenure: We understand the apartment is held on the balance of a 999 year lease.
The current Service Charge is £2306 Per year which includes Ground Rent, Buildings Insurance, lift maintenance and upkeep of gardens and communal areas. Roof type: Flat. Mobile signal/coverage: Good.
Flooded in the last 5 years: No. Water source: Direct mains water. Electricity source: National Grid. Sewerage arrangements: Standard UK domestic. Heating Supply: Central heating (electric).
Broadband internet type: Fttc (fibre to the cabinet). Parking Availability: Yes.
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
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FAQ
About 17 Mansfield Towers, Marine Parade East, Clacton on Sea
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