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See how verdicts work4-bedroom terraced house · CO15 3AU
Listing removedListed 392 days
Opportunity summary
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About
*** withdrawn *** For more information or to register to bid please contact the auctioneer Two retail units, A four bedroom flat, garden and garage/workshop held on A freehold title being offered with vacant possession.
This property offers A myriad of redevelopment opportunities subject to obtaining necessary consents.
Since 1969 Christine's Hair Dressers has been trading successfully and is a well Known established business in the area.
The property would benefit greatly from a full programme of modernization, decorative updating and offers possibilities for redevelopment.
Victoria Gothic A small retail outlet consisting of: Retail Area: 16' 8" x 11'2" (5.09m x 3.41m) Store Room: 6'6" x 6'4" (2.00m x 1.94m) Christine's Hair Dressers Main Salon: 26'0" x 19'10" (7.94m x 6.05m) Rear Salon: 13'9" x 12'9" (4.20m x 3.89m) Utility Space Kitchen Area: 9'9" x 8'3" (2.98m x 2.53m) W/C First Floor Flat: Landing Lounge: 15'2" x 11'5" (4.64m x 2.48m) Kitchen: 10'9" x 11'4" (3.29*m x 3.47m) Bedroom 1: 10'8" x 9'8" (3.26m x 2.97m) Bedroom 2: 10'2" x 17'1" (3.12m x 5.21m) Bedroom 3: 9'1" x 6'3" (2.79m x 1.93m) 'T' Shaped Attic Room: Width: 20'2" x 7'9" (6.16m x 2.37m) into eves Length: 23'1" x 10'5" (7.05m x 3.19m) into eves Garage/Workshop Garage Area: 16'0" x 18'5" (4.88m x 5.63m) Workshop Area: 12'6" x 18'5" (3.82m x 5.63m) Tenure: See Legal Pack EPC Rating: C
Value & comps
No previous sales on record.
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Returns
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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 167 & 167A, Old Road, Clacton-On-Sea
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