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See how verdicts work2-bedroom bungalow · CO15 2JX
Sold STCListed 110 daysAuction 30 Jul · ended
Opportunity summary
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About
FOR SALE BY PUBLIC AUCTION ON THURSDAY, 30TH JULY 2026 AT 12.00PM NOON. LIVE STREAMED VIA DEDMAN GRAY WEBSITE.
BIDDING AVAILABLE BY TELEPHONE, PROXY AND ONLINE REFURBISHMENT OPPORTUNITY/BUY TO LET: A VACANT FREEHOLD TWO BEDROOM DETACHED TIMBER FRAME BUNGALOW IN NEED OF MODERNISATION A two bedroom detached timber frame bungalow with front and rear gardens situated within 500 yards of Jaywick seafront.
The property does require modernisation and improvement, however, it has been previously let out and it is considered that with the necessary improvements, could make an excellent buy to let investment once again.
Entrance Door To:- Lounge/Kitchen Area - 17'2 x 14'6 >19'6 Bathroom - currently not fitted Bedroom One - 14' 0 x 6'6 Bedroom Two - 11'0 x 7'6 We are advised by the seller that the property was previously let for £700 per month (£8,400 per annum) which would represent a yield of 21% of the guide price.
Value & comps
No previous sales on record.
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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
Agent & docs
FAQ
About 21 Humber Avenue, Jaywick, Clacton on Sea, Essex, CO15 2JX
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