1-bedroom flat · CO15 4UQ
Sold STCListed 13 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* INVESTMENT * We are pleased to offer for sale this one bedroom, ground floor flat situated in the sought after Great Clacton area.
The property comprises of lounge, bedroom, fitted kitchen and three piece bathroom suite, an internal viewing is advised.
Being sold with tenant in situ Council Tax Band: A Tenure: Leasehold Details with approximate only room sizes Communal entrance door with security phone intercom system.
Communal Hall Private entrance door to Hall Storage cupboard, access to all rooms.
Bathroom Three piece bathroom suite comprising of panel enclosed bath with mixer taps, pedestal hand wash basin, low level w.c, splashback tiles, vinyl flooring, obscure double glazed window.
Bedroom Double glazed window to front, coved and textured ceiling, storage heater. Lounge Double glazed window to front, coved and textured ceiling, storage heater.
Kitchen Double glazed window to rear aspect, matching base and eye level units, roll edge work surfaces, space for freestanding oven and hob, space for washing machine and fridge/freezer, splashback tiles, laminate style flooring.
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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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 Forest Park Avenue, Clacton-on-Sea
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