1-bedroom house · CO15 3LL
Listing removedListed 182 days
Opportunity summary
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About
KEENLY PRICED one bedroom TOP FLOOR APARTMENT for the over 55's in SECURE PLEASANT surroundings requiring general COSMETIC MODERNISATION - Keys with SOLE AGENTS.
Property additional info ENTRANCE FOYER: Communal area with secure intercom entry.
Residents Manager’s Office, Guest Suite, Laundry Room and Residents Lounge with Kitchen area, Lift or stairs to first floor level.
ENTRANCE HALL: Entry phone, electric night storage heater (not tested), double built in airing/storage cupboard with electric consumer box and water tank.
LOUNGE: 16’8” x 10’3” Double glazed side window, electric night storage heater (not tested), sliding doors to:- KITCHEN: 8' x7' Dated kitchen in need of replacement.
BEDROOM: 13' x 9'4" Double built in mirror fronted wardrobe/storage cupboards, electric night storage heater (not tested), telephone point, double glazed side window.
BATHROOM: White panelled bath with independent electric shower unit over, pedestal wash basin, low level wc., fully tiled walls, extractor fan, wall mounted towel rail, wall mounted electric fan heater and access to loft.
OUTSIDE: Pleasant communal gardens and parking bays plus space and charging points for mobility scooter.
TENURE: We understand the apartment is held on the balance of a 99 year lease form 1st April 1987. The current Ground Rent is £232.38 per year.
The Service Charge is approximately £223.00 per month which includes 24-hour care line, Buildings Insurance, upkeep of communal areas and gardens, window cleaning.
Use of Laundry Room and Guest Suite for a small fee. Manager on Site. Mobile signal/coverage: Good. Construction materials used: Brick and block. Water source: Direct mains water.
Electricity source: National Grid. Sewerage arrangements: Standard UK domestic. Heating Supply: Central heating (electric). 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 Havenvale, Coppins Road, Clacton on Sea, CO15
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