2-bedroom bungalow · CO15 2AA
No longer listedListed 34 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Half glazed entrance door to side with access t o Entrance Hall Entrance Hall Radiator, Doors to All Rooms Lounge 15' 01" x 12' 06" Double glazed bay window to Front.
Feature Fire surround, Radiator, KItchen Diner L shaped 18' 06" x 13' 03" (Maximum) Dining Section Patio Doors to rear, Radiator, Open to Kitchen Section: Range of wall and base units with work surfaces over, Inset one and a half bowl ceramic sink unit, space for cooker, double glazed windows to Sides and rear, Bedroom 1 12' 03" x 10' 06" Double glazed bay window to front, built in wardrobes to 1 Wall, Radiator Bedroom 2 11' 09" x 10' 06" Double glazed window to Rear, Radiator Bathroom White suite comprising, Panelled bath with mixer shower, Low level wc, pedestal wash basin, Fully tiled walls, radiator, Window to rear Exterior Rear Garden Approx 56' commencing with covered decking area with balustrades, remainder mainly laid to lawn, 3 sheds, (one with power and plumbing for washing machine) Panel fencing to boundaries, side gate access Front Garden Laid to hard standing Driveway to side affording access to off road parking for 2 cars, mature hedge to front
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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 4 Lake Walk, CLACTON-ON-SEA
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