3-bedroom bungalow · CO15 1EF
Sold STCListed 204 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
THREE BEDROOM detached bungalow on popular ROYALS development presented in clean and tidy order but scope to improve and potential to enjoy farmland views - KEYS IN OFFICE and CHAIN FREE.
Property additional info ENTRANCE PORCH: Double glazed front door, further door to:- ENTRANCE HALL: Radiator, large built in airing/storage cupboard, access to loft.
LOUNGE: 15’5” x 12’5” Feature fireplace surround, TV point, radiator, rear access to:- CONSERVATORY: 9’7” x 9’3” Double glazed with access to garden.
KITCHEN: 11’4” x 9’10” Range of work surfaces with drawers and cupboards under, inset sink unit, plumbing for washing machine, four ring gas hob and oven, range of matching wall cabinets with extractor hood, modern 2022 “Worcester” gas boiler, part tiled walls, radiator, double glazed rear window and side door.
BEDROOM 1: 13’4” x 11’ Double glazed front window, range of fitted wardrobe/storage cupboards, radiator. BEDROOM 2: 11’ x 9’3” Radiator, double glazed front window. BEDROOM 3: 11’ x 7’6”max.
Currently used as Dressing Room with wall to wall mirror fronted wardrobe/storage cupboards, radiator, double glazed side window.
WET ROOM: Shower area with folding seat, wash basin, non slip flooring, tiled walls, radiator, double glazed side window.
SEPARATE WC: Modern low level wc., washbasin, part tiled walls, double glazed side window.
OUTSIDE: Driveway to ATTACHED GARAGE with power and light, electric consumer box, gable storage space, side personal door.
The enclosed private rear garden backs onto farmland and is approximately 35’ deep. Water source: Direct mains water. Electricity source: National Grid. Sewerage arrangements: Standard UK domestic.
Heating Supply: Central heating (gas). Broadband internet type: FTTC (fibre to the cabinet). Parking Availability: Yes.
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
FAQ
About George Close, Clacton on Sea, CO15
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