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2-bedroom house · CO16 8YG
Under offerListed 201 days
Opportunity summary
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About
REALISTICALLY PRICED two bedroom DETACHED GARAGE with GARAGE and plenty of scope for MODERNISATION making ideal for INVESTMENT or FIRST TIME BUYER.
Property additional info ENTRANCE HALL: Double glazed side door, radiator, modern wall mounted consumer box, built in storage cupboard, access to loft.
LOUNGE: 16’9” x 10’10” Double glazed rear window, wall mounted gas fire with back boiler (not tested), TV point, radiator.
KITCHEN: 10’9” x 9’6” Work surfaces with drawers and cupboards under, plumbing for washing machine, wall cabinets, radiator, double glazed rear window and side door.
BEDROOM 1: 12’8” x 10’10” Double glazed front window, radiator, double built in wardrobe/storage cupboard, built in airing cupboard. BEDROOM 2: 10’6” x 9’6” Double glazed front window, radiator.
BATHROOM: Ivory coloured suite comprising panelled bath, white wash basin, tiled walls, double glazed side window, radiator SEPARATE WC: Low level wc., double glazed side window.
OUTSIDE: Driveway to GARAGE. The rear garden is approximately 55’ deep and simply laid to lawn with timber shed. Water source: Direct mains water. Electricity source: National Grid.
Sewerage arrangements: Standard UK domestic. Heating Supply: Central heating (gas). 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 Crome Road, Clacton on Sea, CO16
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