Studio flat · CO15 3PT
Listing removedListed 186 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Bills such as council tax, heating and hot water which equate to £125 per month are additional to the rent meaning rent plus bills in total will be £775.
The only bill each tenant is liable for is electric which is currently supplied through a pay as you go meter, each room has its own separate meter.
We regret that no smoking is permitted within the building, no pets and each room is being let to single occupants only.
All furniture and appliances currently within each room if wanted will be gifted to the tenant meaning moving forward it is down to the tenant to replace if not working or remove if not wanted.
Both ground and upper floor studio apartments are available. Council Tax Band: A Holding Deposit: £150
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
We're still gathering serviced-accommodation data for this area.
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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 Wellesley Road, Clacton-on-Sea
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