2-bedroom maisonette · CO16 8BT
For saleListed 357 days
Opportunity summary
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About
** availble as vacant possession or investment opportunity ** Sheen's Estate Agents are pleased to offer for sale this two bedroom first floor maisionette being sold with the option of a sitting tenant currently paying £850.00pcm, giving a 6.80% yield on the asking price.
The property benefits from off-street parking and private rear garden.
The accommodation is situated a quarter of a mile of Bockings Elm shopping facilities and approximately one and a quarter miles from Clacton's town centre, seafront and mainline railway station.
An internal viewing is highly advised to appreciate the accommodation on offer.
Accommodation Comprises The accommodation comprises approximate room sizes: UPVC double glazed entrance door to Entrance Hallway Stair flight to: First Floor Landing Two storage cupboards.
Loft access. Radiator. Door to: Lounge (4.09m x 3.53m (13'5 x 11'7)) Double glazed window to front.
Radiator Kitchen Cupboards and drawers at both eye and floor level, integrated oven and hob (not tested) with extractor above.
Space and plumbing facilities for washing machine, double glazed window to rear, part tiled walls. Bedroom One (3.63m x 3.02m (11'11 x 9'11)) Double glazed window to front. Storage cupboard. Radiator.
Bedroom Two Double glazed window to rear. Radiator. Bathroom Panelled enclosed bath with showerhead attachment, hand wash basin pedestal, low level W.C. Radiator.
Double glazed window to rear, part tiled walls. Outside Allocated parking space Garden Enclosed by panelled fencing.
Material Information (Leasehold Property) Tenure: Leasehold Council Tax: Tendring District Council; Council Tax Band; A Payable 2025/2026 £1424.94 Per Annum Length of lease (years remaining): 89 Annual ground rent amount (£): £10.00 Ground rent review period (year/month): Annual service charge amount (£): N/A Service charge review period (year/month): Any Additional Property Charges: £140 approx.
Pa for building insurance Services Connected: (Gas): Yes (Electricity): Yes (Water): Yes (Sewerage Type): Mains (Telephone, Broadband & Mobile Coverage): For Current Correct Information Please Visit: Non-Standard Property Features To Note: N/A Ba 10/25 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 via a third party company who undertake our Anti Money Laundering checks.
Referral fees - You will find a list of any/all referral fees we may receive on our website .
Lease Disclaimer It is up to any interested party to satisfy themselves of the lease details with their legal representative before entering into a contractual agreement.
Draft Details Draft details - not yet approved by vendor
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 53, Flatford Drive, Clacton-On-Sea
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