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See how verdicts work2-bedroom bungalow · CO15 6EX
For saleListed 166 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with no onward chain , this well-maintained two-bedroom home in Lyon Close is ideally situated within easy reach of the seafront and town centre, providing a comfortable and convenient lifestyle for those seeking retirement living.
The property features a bright and inviting 14'2 Lounge Diner , perfect for relaxation and everyday meals.
The functional kitchen measures 3.12m x 1.7m (10'3" x 5'7") , offering practical space for culinary pursuits.
Accommodation includes two well-proportioned bedrooms, with the principal bedroom enjoying dimensions of 4.47m x 2.84m (14'8" x 9'4") and the second bedroom at 2.79m x 2.74m (9'2" x 9'0") .
A modern shower room, measuring 2.06m x 1.7m (6'9" x 5'7") , completes the internal layout. The home benefits from double glazing and a gas heating system for year-round comfort.
Externally, residents can enjoy well-maintained communal gardens featuring manicured lawned areas with attractive shrubbery borders and beds, providing pleasant outdoor spaces.
Convenient communal parking is also available. Lyon Close offers a desirable location with excellent access to local amenities and the vibrant atmosphere of Clacton-on-Sea's seafront and town centre.
An internal viewing is highly recommended to fully appreciate the appeal of this property.
Lounge Diner - 4.32m x 3.86m (14'2" x 12'8") Kitchen - 3.12m x 1.7m (10'3" x 5'7") Bedroom One - 4.47m x 2.84m (14'8" x 9'4") Bedroom Two - 2.79m x 2.74m (9'2" x 9'0") Shower Room - 2.06m x 1.7m (6'9" x 5'7") Communal Gardens - Well kept lawned areas with shrubbery borders and beds.
Communal parking Material information for this property. Tenure is Leasehold Balance of a 125 year lease granted in 1991. Council Tax Band B. EPC Rating C. Services Connected. Electricity - Yes.
Gas - Yes. Water- Yes. Sewerage type - Mains. Telephone and Broadband coverage - Yes.
Prospective purchasers should be directed to Checker.ofcom.org.co.uk to confirm the coverage of mobile phone and broadband for this property.
Any additional property charges - Yes the current service charge is £1560 per annum. The Ground rent charge is £109 per annum.
Non standard properties features to note - You must be at least 55 years of age to live on this development.
MONEY LAUNDERING, TERRORIST FINANCING AND TRANSFER OF FUNDS (INFORMATION OF THE PAYER) REGULATIONS 2017- When agreeing a purchase, prospective purchasers will be asked to undertake identification checks including producing photographic identification and proof of residence documentation along with source of funds information.
There will be an ADMIN CHARGE of £24 inclusive of VAT for a single applicant and £36 inclusive of VAT total for multiple applicants/buyers via a third party company who undertake our Anti Money Laundering checks.
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
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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 Lyon Close, Clacton on Sea CO15 6EX
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