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See how verdicts work3-bedroom flat · CO15 3AU
Listing removedReduced £6k (−2.3%) on 20 JunListed 216 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ideally located on the outskirts of Clacton town centre, this Freehold, mixed use investment opportunity, offered with vacant possession and potential to reconfigure subject to obtaining any necessary consent.
The building currently comprises two ground floor shops and a three bedroom self contained flat with additional loft room. After refurbishment, we anticipate a combined rental income of £27,000 pa.
Accommodation comprises with approximate room sizes as follows: Entrance door to: Shop Unit 1 Anticipated Rent - £400 pcm / £4,800 pa Business Rates The property appears in the voa Ratings List as 'Shop and premises' with a Rateable Value of £2,650 (From April 2026), giving approximate Rates Payable of £1,322.35.
The rate payer should qualify for partial Small Business Rates Relief (subject to meeting eligibility criteria.
Retail Area (5.18m x 3.35m (17'0" x 11'0")) Shop Unit 2 Anticipated Rent - £850 pcm / £10,200 pa Business Rates The property appears in the voa Ratings List as 'Shop and premises' with a Rateable Value of £5,100 (From April 2026), giving approximate Rates Payable of £2,544.90.
The rate payer should qualify for partial Small Business Rates Relief (subject to meeting eligibility criteria.
Front Shop Area (8.89m x 6.10m (29'2" x 20'0" )) Rear Shop Area Lobby (2.97m x 2.62m (9'9" x 8'7" )) Utility Room (2.24m x 1.75m (7'4" x 5'9" )) Kitchen (2.03m x 1.91m (6'8" x 6'3" )) W/C Garage/Store Room (8.74m x 6.05m (28'8" x 19'10" )) Flat Anticipated Rent - £1,000 pcm / £12,000 pa Landing Bathroom (2.87m x 2.74m (9'5" x 9'0" )) Kitchen (Flat) (3.43m x 3.28m (11'3" x 10'9" )) Lounge (4.39m x 3.48m (14'5" x 11'5" )) Bedroom Two (3.25m x 2.95m (10'8" x 9'8" )) Bedroom One (3.35m x 3.10m (11'0" x 10'2" )) Bedroom Three (2.77m x 1.96m (9'1" x 6'5" )) Landing Loft Room (7.01m x 6.15m (23'0" x 20'2" )) Outside Front Outside Rear Aml Anti-money laundering regulations 2017 - In order to comply with regulations, prospective purchasers will be asked to produce photographic identification and proof of residence documentation once entering into negotiations for a property.
Agents Note Sales Please note - Although we have not tested any of the Gas/Electrical Fixtures & Fittings, we understand them to be in good working order, however it is up to any interested party to satisfy themselves of their condition before entering into any Legal Contract.
Agents Note Sales 2 (Possessory title) - Please note the property is being sold with Possessory title.
Value & comps
No previous sales on record.
Returns
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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 167, Old Road, Clacton-On-Sea
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