1-bedroom house · CO15 3LL
Sold STCListed 174 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
One bedroom GROUND FLOOR FLAT for the over 55's with PATIO doors from the living to pleasant garden area in SECURE environment with EXCELLENT communal facilities close to TOWN AMENITIES.
Property additional info ENTRANCE FOYER: Communal area with secure intercom entry. Resident Manager’s Office, Guest Suite, Laundry Room and Residents Lounge with Kitchen area.
ENTRANCE HALL: Entry phone, electric night storage heater, mirror fronted airing/storage cupboard.
LOUNGE: 16’9” x 10’6” Night storage heater, TV point, patio doors to garden area, open access to:- KITCHEN: 7’10” x 7’ Work surfaces with drawers and cupboards under, plumbing for washing machine, inset sink unit, four ring hob and eye level oven, matching wall cabinets, part tiled walls.
BEDROOM: 13’3” x 9’3” Electric night storage heater, mirror fronted wardrobe/storage cupboard.
BATHROOM: White suite comprising panelled bath with mixer tap and shower attachment, pedestal wash basin, low level wc., tiled walls, extractor fan, heated towel rail.
OUTSIDE: Pleasant communal gardens and parking bays plus space and charging points for mobility scooters.
TENURE: We understand the apartment is held on the balance of a 99 year lease from 1st April 1987. Ground Rent is £116.19 every six months and Service Charge is £213.43 per month.
Use of Laundry Room and Guest Suite for a small fee.
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 Havenvale, Coppins Road, Clacton on Sea, CO15
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