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See how verdicts work2-bedroom flat · CO14 8AP
For saleReduced £20k (−9.1%) on 26 OctListed 235 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Boydens are pleased to offer this two bedroom penthouse flat situated in ' The Dorlings' Walton on the Naze.
Being located on The Parade the property is in an ideal location, with spacious accommodation the flat offers a kitchen/diner, two double bedrooms, with the master featuring sea views.
The property also benefits from gas central heating, one allocated parking space and garage and is being offered with NO ONWARD CHAIN.
This seafront flat is conveniently located within the heart of Walton on the Naze and Walton on the Naze railway station 0.3 miles away providing links to Clacton, Colchester and London Liverpool Street, hosting an array of local shops, cafes and restaurants and seafront.
ACCOMMODATION: LOUNGE- 14'10 x 11'1 KITCHEN- 11'10 x 11'10 BATHROOM BEDROOM ONE- 16'11 Max x 10'5 Max BEDROOM TWO- 11'10 x 10'5 PARKING TYPE – OFF ROAD PARKING, ONE ALLOCATED SPACE, GARAGE LEASE INFORMATION: Length of lease - approximately 92 years remaining Service charge- £1675 for 2024 annum Ground Rent- £150 per annum UTILITIES: Gas Central Heating Mains Electric Mains Water Mains Sewerage Local Authority – Tendring District Council Construction Type – Brick Built Property Accessibility – steps and ramp up to communal door, stairs in building to get to property, lift in block Broadband Availability - Superfast Broadband Available with speeds up to 1100 mbps (details obtained from Ofcom Mobile and Broadband Checker) - September 2024.
Mobile Coverage – Based on the details obtained from Ofcom Mobile and Broadband Checker, the availability of mobile service is: EE (Voice - Limited, Data - Limited), O2 (Voice - Likely, Data - Likely), Vodafone (Voice - Likely, Data - Likely) & 3 (Voice - Limited, Data - Limited) – September 2024.
Flood Risk - Data Taken from Gov.UK Flood Map.
The property is located in an area that has a very low probability of flooding from rivers and the sea and a very low probability of flooding from surface water - Checked September 2024 Planning Applications in the Immediate Locality - We are not aware of any planning applications in the immediate locality - Checked September 2024 MONEY LAUNDERING REGULATIONS - Please be advised that all purchasers will need to adhere to currents laws of money laundering and therefore will need to provide Boydens Estate Agents photographic identification and proof of residency identification before any transaction is started to comply with the legislation
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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 The Dorlings, Walton On The Naze
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