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See how verdicts work1-bedroom flat · CO15 3QP
For saleListed 5 daysAuction 4 Nov · in 8 days
Opportunity summary
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About
** For sale by online auction FOR SALE BY ONLINE AUCTION ON WEDNESDAY, 4TH NOVEMBER 2026 AT 11.00AM VIA DEDMAN GRAY WEBSITE.
INVESTMENT OPPORTUNITY: TWO INDEPENDENT LEASEHOLD FLATS BENEFITTING FROM 125 YEAR LEASE THAT COMMENCED IN 2017 An opportunity to buy these two independent leasehold flats currently available with full vacant possession.
Benefits from the balance of 125 year leases that commenced in 2017. Both flats are one bedroom properties with kitchen, lounge and bathroom and are in good decorative order.
Ground Floor Flat Entrance Hall Lounge - 13' 11 x 10' 1 Bedroom - 10' 11 x 10' 8 Kitchen - 8' 9 x 4' 6 Bathroom - 5' 2 x 8'0 First Floor Flat Private entrance to Entrance Lobby with stairs to first floor First Floor Landing Lounge - 10' 8 x 6' 8 Kitchen - 5' 10 x 7' 4 Bedroom - 10' 8 x 8' 5 > 7'3 Bathroom The ground floor flat benefits from an enclosed rear garden.
A 125 year lease commenced on 3rd November, 2017 with 116 years remaining Flat 5a - E Flat 5b - C
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 5A & 5B Fairfield Road, Clacton-on-Sea, Essex, CO15 3QP
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