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See how verdicts work1-bedroom flat · CO15 4UU
For saleListed 237 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying a cul de sac position within the popular area of Great Clacton, this purpose built one bedroom ground floor flat is offered in presentable condition throughout and has access to parking and communal gardens, as well as a modern white bathroom suite and modern fitted kitchen Council Tax Band: A Tenure: Leasehold (107 years) Service Charge: £1,776.58 per year Details with approximate only room sizes Communal front entrance door to communal hallway, with further private double glazed door to Entrance Hall - Airing cupboard, doors to Lounge w: 3.4m x l: 3.07m (w: 11' 2" x l: 10' 1") Double glazed front window Kitchen w: 2.06m x l: 3.07m (w: 6' 9" x l: 10' 1") Modern fitted units comprising of grey flat panelled fronts with slimline rolled edge wok surfaces over, inset single drainer sink unit with mixer tap over, matching eye level cupboards, fitted electric hob with extractor hood over and oven below, tiled splash backs, plumbing and space for washing machine, double glazed front window Bedroom w: 2.49m x l: 2.39m (w: 8' 2" x l: 7' 10") Electric heater, double glazed rear window Bathroom w: 2.13m x l: 1.45m (w: 7' x l: 4' 9") Modern white suite comprising of panelled bath with mixer tap and shower unit over plus screen, pedestal wash hand basin, low level WC, wall mounted electric heater, tiled walls and floor, double glazed rear window Outside To the front and rear of the block there are lawned communal gardens plus dedicated residents parking area to the side.
Agents Note Section 21 of the Estate Agents act applies as the seller is a relation of a member of staff at Mike Vincent & Son Estate Agents Material Information Tenure: Leasehold Council Tax Band: A Any known additional property charges: No Non-standard property features to note: No Disclosures to declare: None Gas: No Electricity: Yes Water: Connected to mains Sewerage Type: Connected to mains Broadband: Connected Mobile coverage: Yes - Please refer to checker.ofcom.org.uk Flood Risk: Surface water: Very Low Rivers and the sea: Very Low Other flood risks: Groundwater: Flooding from groundwater is unlikely in this area.
Reservoirs: Flooding from reservoirs is unlikely in this area. For more information visit:
Value & comps
No previous sales on record.
Returns
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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 Romford Court, Fairlop Close, Clacton-on-Sea
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