We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom terraced house · CO15 1PP
Sold STCListed 246 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FREEHOLD MIXED USE investment opportunity. This spacious shop unit has a one/two bedroom self contained flat above and is situated in the town centre of Clacton on Sea.
The shop unit requires renovation due to water damage and could potentially be converted to a residential flat subject to the necessary planning permission.
The flat has its own front door with a 16'3 open plan living space and kitchen, bathroom and two bedrooms which are linked.
We understand from the seller that there may be an option to purchase each unit separately, ask agent for details. Material information for this property:- Tenure is Freehold. Council Tax Band B.
EPC Rating Shop F. Flat C. Services Connected. Electricity - Yes. Gas - No. Water - Yes. Sewerage type - Mains. Telephone & Broadband coverage - Unknown.
Prospective purchasers should be directed to website Checker.ofcom.org.co.uk to confirm the coverage of mobile phone and broadband for this property. Any additional property charges - No.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisers 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
FAQ
About Orwell Road, Clacton on Sea
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