1-bedroom flat · CO15 3DL
Listing removedListed 230 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO ONWARD CHAIN. Blake & Thickbroom are pleased to be offering for sale this purpose built one bedroom top floor flat.
The property is conveniently located within a short walk of Clacton's town centre and local shopping facilities.
In the valuer's opinion, this is an ideal purchase for a first time buyer or an investment opportunity. Agent Notes: Material information for this property. Tenure: Leasehold.
There is a balance of a 125 year lease granted as of 29th September 1989. Council Tax Band: A. EPC Rating D. Services connected. Electricity - Yes. Gas - No. Water - Yes. Sewerage type - Mains.
Telephone and Broadband coverage - Unknown due to the property being vacant.
Prospective purchasers should be directed to website Checker.ofcom.org.co.uk to confirm the coverage of mobile phone and broadband for this property. Any additional property charges - Yes.
We have been advised by the sellers the following charges are: Services charges are approximately £1,600 per annum. Ground rent £100 per annum. These figures are to be confirmed and could change.
Non standard property features to note - None.
Please note prospective purchasers must confirm with their legal representatives that the tenure and details are correct as Blake & Thickbroom have not seen signs of any formal lease or management pack.
COMMUNAL ENTRANCE Communal entrance door to communal hallway and stairflight. Wooden entrance door to flat. ENTRANCE HALL Storage cupboard housing water tank. Loft access. Doors to all rooms.
LOUNGE 4.32m x 2.82m (14'2 x 9'3) Radiator. Two replacement double glazed windows to rear.
KITCHEN 2.49m x 1.98m (8'2 x 6'6) Comprising of laminated rolled edge work surfaces with inset single drainer sink unit with mixer tap, cupboards below, range of matching eye level cupboards above, four ring electric hob with extractor fan above and oven under, integrated fridge.
Part tiled walls. BEDROOM 3.56m x 2.84m (11'8 x 9'4) Radiator. Replacement double glazed window to rear.
SHOWER ROOM Comprising of shower unit with sliding doors and shower attachment, pedestal wash basin low level WC. Extractor fan. Part tiled walls. OUTSIDE Communal parking and communal grounds.
Bin store located in car park. Brochures
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 Empire Court, Warwick Road, Clacton-on-Sea, Essex, CO15 3DL
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