We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · CO15 1JN
Sold STCReduced £20k (−25%) on 26 OctListed 174 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price: £80,000 - £90,000 An excellent opportunity to acquire a well-positioned one-bedroom apartment just moments from the seafront, offering coastal living with immediate rental income.
This smartly arranged property features a bright open-plan lounge and kitchen area, creating a modern, sociable space that appeals strongly to tenants.
Its proximity to the seafront adds lifestyle appeal, ensuring consistent demand and long-term letting potential.
Being sold with a tenant already in situ, this apartment provides a ready-made investment with no void periods—ideal for landlords seeking a hassle-free addition to their portfolio.
The efficient layout, desirable location, and established tenancy combine to deliver both convenience and stability.
Opportunities like this are rarely available—secure a tenanted coastal property with immediate returns. Enquire today to arrange further details and take the next step in growing your portfolio.
Ground Floor Lounge/Kitchen 22'11" x 14'4" (6.99m x 4.37m) Bedroom 14'4" x 12'0" (4.37m x 3.66m) Shower Room 6'2" x 4'9" (1.88m x 1.45m) Disclaimer haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service.
If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Penfold Road, Clacton-On-Sea
Explore nearby
