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See how verdicts work2-bedroom flat · CO16 8AH
Sold STCReduced £5k (−3.8%) on 26 OctListed 72 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This purpose-built, two-bedroom, first floor flat offers comfortable living with no onward chain, presenting an excellent opportunity for those seeking a convenient and well-located home, with the potential to improve.
The property features a bright and inviting 13'4 lounge, a practical kitchen diner, and two good-sized bedrooms. A modern shower room completes the interior.
Residents will also benefit from double glazing throughout. Further enhancing the appeal is a private garden, approximately 25' in length, providing a pleasant outdoor space.
The property comes with the balance of a 125-year lease and a low annual charge/ground rent of approximately £150.
This property will prove to be an ideal first time buy or an additional investment for landlords.
Its convenient location ensures easy access to local amenities and transport links, making day-to-day living straightforward.
Lounge - 4.06m x 3.3m (13'4" x 10'10") Kitchen Diner - 3.3m x 2.69m (10'10" x 8'10") Bedroom One - 3.66m x 3.05m (12'0" x 10'0") Bedroom Two - 2.74m x 2.69m (9'0" x 8'10") Shower Room - 2.21m x 1.65m (7'3" x 5'5") Private Garden - Approx 25' Material information for this property.
Tenure is Leasehold. Council Tax Band A . EPC Rating TBC. Services Connected. Electricity - Yes. Gas - Yes. Water- Yes. Sewerage type - Mains. Telephone and Broadband coverage - Unknown.
Prospective purchasers should be directed to Checker.ofcom.org.co.uk to confirm the coverage of mobile phone and broadband for this property. Any additional property charges - No.
Non standard properties features to note - None.
MONEY LAUNDERING, TERRORIST FINANCING AND TRANSFER OF FUNDS (INFORMATION OF THE PAYER) REGULATIONS 2017- When agreeing a purchase, prospective purchasers will be asked to undertake identification checks including producing photographic identification and proof of residence documentation along with source of funds information.
There will be an ADMIN CHARGE of £24 inclusive of VAT for a single applicant and £36 inclusive of VAT total for multiple applicants/buyers via a third party company who undertake our Anti Money Laundering checks.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Flatford Drive, Clacton on Sea CO16 8AH
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