1-bedroom flat · CO15 4UZ
For saleReduced £10k (−10%) on 26 SepListed 67 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No onward chain is offered with this one bedroom ground floor flat situated close to local shop, Clacton shopping village, out of town supermarkets and bus routes.
We understand that the property benefits from having a lease remaining of approximately 130 years and we have keys available for viewings.
Further benefits include 14'9 lounge, fitted kitchen, double bedroom, three piece bathroom suite and to the outside there is a communal garden and allocated parking.
Hall (:) Lounge (14'9 x 8'9 (4.50m x 2.67m)) Kitchen (8'9 x 6'6 (2.67m x 1.98m)) Bedroom (11'9 x 8'9 (3.58m x 2.67m)) Bathroom (:) Outside (:) Agents Note We have been advised that there are approximately 130 years remaining on the lease, a peppercorn ground rent and a service charge of approximately £140.00 per month.
Material Information For This Property:- Tenure is Leasehold. Council Tax Band A. EPC Rating – C. Services Connected. Electricity - Yes. Gas - No. Water - Yes. Sewerage type - Mains.
Telephone & Broadband coverage - Unknown. Prospective purchasers should be directed to website to confirm the coverage of mobile phone and broadband for this property.
Any additional property charges - See agents note. Non standard property features to note - None. Consumer Protection from Unfair Trading Regulations 2008.
The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose.
References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents.
A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are not included unless specifically mentioned within the sales particulars.
We can also not confirm that such items are within the ownership of the seller. They may however be available by separate negotiation.
Floorplans are for guidance purposes only and therefore not to scale.
The agent has assumed relevant planning permissions are in place for any alterations the property has undergone and it is the responsibility of the seller to confirm this via their solicitor.
Money Laundering Regulations 2003 - Any prospective purchasers' will be asked to produce photographic identification and proof of residential documentation once entering into negotiations for a property in order for us to comply with current Legislation.
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
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FAQ
About 17A, Ilford Court, Great Clacton
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