2-bedroom flat · CO15 1SX
Listing removedListed 101 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroom second floor apartment in a fantastic Town Centre location, overlooking Station Road/Pier Avenue in Clacton.
The apartment sits on the second floor in the aptly named Bank Chambers, a Victorian building, formally bank offices, with an impressive facade, ornate stairs and other classic features.
The apartment features a large lounge, two double bedrooms, a large separate kitchen and a three piece bathroom with integrated shower.
High ceilings and large sash windows bring space, light and character. Surrounded by shops and local amenities, the flat overlooks the pedestrian area halfway down Pier Avenue in Clacton-on-Sea.
The beach and pier are just a minutes walk away and in the opposite direction a five minute stroll brings you to Clacton Train Station. Offered unfurnished and available now, call today to view.
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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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 Station Road, Clacton-on-Sea, Essex, CO15
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