2-bedroom flat · CO15 1EA
Sold STCListed 83 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Sheen's Estate Agents are pleased to offer this two bedroom ground floor flat. This property is being offered with no onward chain.
The property is a Leasehold property which has 88 years on the lease with Ground Rent of £10.00 per annum and Service Charge of £290.00 per annum.
Clacton's town centre, sea front and mainline railway station are located within three quarters of a mile. An early internal inspection is recommended to appreciate the accommodation on offer.
Accommodation Comprises The accommodation comprises approximate room sizes: Lounge (4.60m x 3.48m (15'1 x 11'5)) Radiator. Double glazed window to front.
Kitchen (5.72m x 3.48m (18'9 x 11'5)) Fitted with a range of wall mounted units. Comprising; rolled edge work surfaces with cupboards and drawers below. Inset stainless steele sink unit.
Integrated four ring hob. Integrated oven cooker. Space and plumbing for washing machine. Space for fridge/freezer. Wall mounted gas combination boiler (not tested). Double glazed window to front.
Bedroom One (3.86m x 2.97m (12'8 x 9'9)) Radiator. Double glazed window to rear. Bedroom Two (3.48m x 2.84m (11'5 x 9'4)) Radiator. Double glazed window to rear. W/C Low level W/C.
Double glazed window to rear. Bathroom Pedestal hand wash basin. Panelled bath. Heated towel rail (not tested). Double glazed window to front. Outside One allocated parking space. Communal lawns.
Communal washing line area.
Eh 07/26 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 .
Draft Details Draft details - not yet approved by vendor Material Information (Leasehold Property) Tenure: Leasehold Council Tax: Tendring District Council; Council Tax Band ; Payable 2026/2027 £1731.31 Per Annum Length of lease (years remaining): 88 Years Annual ground rent amount (£10.00): Ground rent review period (year/month): Annual service charge amount (£290.00): Service charge review period (year/month): Any Additional Property Charges: Services Connected: (Gas): Yes (Electricity): Yes (Water): Yes (Sewerage Type): Mains Drainage (Telephone, Broadband & Mobile Coverage): For Current Correct Information Please Visit: Non-Standard Property Features To Note: Please Note: It is up to any interested party to satisfy themselves fully of the lease details with their legal representative before entering into a contractual agreement.
Particular Disclaimer These Particulars do not constitute part of an offer or contract.
They should not be relied upon as a statement of fact and interested parties must verify their accuracy personally.
All internal & some outside photographs are taken with a wide angle lens, therefore before arranging a viewing, room sizes should be taken into consideration.
Value & comps
No previous sales on record.
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 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 59, Alton Park Road, Clacton-On-Sea
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