1-bedroom flat · CO15 6PY
For saleListed 2 days
Opportunity summary
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About
One bedroom third floor flat specificially for the over 60's with a LIFT service occupying a very CENTRAL location close to the TRAIN station and town centre amenities creating a SECURE lifestyle.
Property additional info ENTRANCE FOYER: Communal secure area with intercom entry, residents lounge and Manager’s Office, Guest Suite, Laundry Room, stairs or lift to third floor level.
ENTRANCE HALL: Intercom, built in storage cupboard with electric consumer box, good size built in airing/storage cupboard with hot water tank, electric night storage heater. LOUNGE/DINER: 23’10”max.
x 10’7” Feature fireplace surround, electric night storage heater, TV point, double glazed rear window and French doors to:- KITCHEN: 7’6” x 7’max.
Work surfaces with drawers and cupboards under, inset sink unit, four ring electric hob, eye level oven and extractor hood (not tested), matching wall cabinets, tiled walls, double glazed rear window.
BEDROOM: 17’8”max. x 9’2” Electric night storage heater, TV point, telephone point, mirror fronted built in wardrobe/storage cupboards, double glazed window.
SHOWER ROOM: Enclosed shower cubicle, vanity wash basin, low level wc., tiled walls, extractor fan, heated towel rail. OUTSIDE: Communal gardens and parking.
TENURE: We understand the flat is held on the balance of a 125 year lease from 1999. The current Service Charge is £1904.50 half yearly and Ground Rent £339.79 half yearly.
Mobile signal/coverage: Good. Water source: Direct mains water. Electricity source: National Grid. Sewerage arrangements: Standard UK domestic. Heating Supply: Central heating (electric).
Broadband internet type: FTTC (fibre to the cabinet). Parking Availability: Yes.
Value & comps
No previous sales on record.
Returns
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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 Coleman Court, Station Road, Clacton on Sea, CO15
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