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See how verdicts work2-bedroom flat · CO15 6JT
For saleReduced £30k (−10.7%) on 26 OctListed 284 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Blake & Thickbroom are pleased to be offering for sale, this beautifully presented two bedroom first floor seafront apartment situated in the former Grand Hotel.
The building dates back to the 1890s with a circa 2000 conversion being sympathetically carried out, retaining many of the original features to be expected of a Grade II Listed building.
The property also affords stunning sea views from all windows and has its own private secure basement storage room.
An internal inspection is warranted to fully appreciate the quality and size of accommodation on offer. Agent Notes: Tenure is Leasehold. Council Tax Band E. EPC Rating D.
Services connected Electricity: Yes Gas: Yes Water: Yes Sewerage type: Mains Telephone and broadband coverage: Yes Prospective purchasers should be directed to website Checker.ofcom.org.co.uk to confirm the coverage of mobile phone and broadband for this property.
Lease Granted January 2003 for 199 years . We understand the current level of Service Charge is £2216 per six months, Ground Rent is £231 PA, Buildings Insurance Approx £750 PA.
Please note prospective purchasers must confirm with their legal representatives that the tenure and details are correct as Blake & Thickbroom have not seen sight of any formal lease or management pack.
AN ENERGY PERFORMANCE CERTIFICATE WILL BE AVAILABLE TO VIEW ON LINE AT AND THEN REFER TO PROPERTY ADDRESS.
COMMUNAL ENTRANCE Dual access to the apartment can be from the front main communal entrance operated by video intercom or via side entrance door. ENTRANCE HALL Two radiators. Airing cupboard.
Doors to all rooms. BEDROOM ONE 5.05m x 2.44m (16'7 x 8'0) (plus 1' into wardrobe recess). Radiator. Fitted wardrobes. Two secondary double glazed windows to side.
Door to: EN SUITE BATHROOM Fitted with panelled bath with shower screen and shower attachment, low level WC, pedestal hand wash basin. Radiators. Extractor fan. Part tiled walls.
BEDROOM TWO 4.78m x 3.18m (15'8 x 10'5) Radiator. Fitted wardrobe. Two secondary double glazed windows to side. LOUNGE 5.36m x 5.11m (17'7 x 16'9) Radiator.
Electric fire with tiled base and wooden surround. Three secondary double glazed windows to front affording sea views.
SHOWER ROOM Fitted with shower tray and shower attachment, low level WC, pedestal hand wash basin. Radiator. Extractor fan. Part tiled walls. Secondary double glazed window to side.
KITCHEN DINER 6.99m x 3.96m (22'11 x 13'0) Fitted with a range of laminated fronted units comprising of laminated rolled edge work surfaces with one and a half bowl sink drainer unit with cupboards, drawers and storage space below, range of eye level cupboards, integral dishwasher, low level oven, four ring gas hob with extractor hood above, low level integrated fridge and freezer.
Part tiled walls. Two radiators. Three secondary glazed windows to front and two secondary glazed double doors leading to both balconies.
BALCONY ONE South facing affording stunning sea views over Clacton on Sea's beaches. BALCONY TWO West facing affording stunning sea views over Clacton on Sea's beaches.
PRIVATE BASEMENT ROOM 4.98m x 4.67m (16'4 x 15'4) Power and light connected. .. Brochures
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.
Area
Agent & docs
FAQ
About The Grand, 73 Marine Parade East, Clacton-on-Sea, Essex, CO15 6JT
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