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See how verdicts work2-bedroom flat · CO15 1XW
Listing removedListed 239 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**guide price £140,000-£160,000** Short Walk to Seafront, Palmer & Partners are pleased to present for sale this well-presented, purpose-built ground floor flat, located within a modern development on the sought-after Martello Bay estate, situated on the western edge of Clacton’s town centre.
This property offers an ideal opportunity for first-time buyers or investors, boasting modern electric heating, well-maintained interiors, and the benefit of an allocated parking space.
Positioned just a short stroll from the seafront, it combines coastal living with convenience, making it a highly desirable location.
Clacton-on-Sea is the largest town along the Essex Sunshine Coast, offering a vibrant yet affordable seaside lifestyle.
This popular resort town is known for its wide range of entertainment venues, shopping facilities, and a modern outlet village, making it a lively destination for residents and visitors alike.
Key attractions include Clacton Pier, traditional amusement arcades, the Pavilion Fun Park, a ten-pin bowling centre, a well-regarded golf club, and a variety of high street restaurants.
The town also features the Princes and West Cliff Theatres, providing year-round performances and cultural events.
Families are well-served with two large secondary schools, and the town hosts an exciting calendar of annual events such as fetes, fairs, the Clacton Carnival, and the popular Clacton Air Show.
Entrance Hall Lounge 4.11m x 12 Bedroom One (4.78m x 3.8m) Bedroom Two (4.01m x 2.7m) Bathroom Kitchen 2.95m x 9 Agents Note Lease Length: 125 years from 1989 (89 years remaining) We have been advised by the current owner the ground rent is £145.00 Service charge twice a year at around £600.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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
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FAQ
About Flat 1, Shamrock House,, Weymouth Close, Essex
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