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St Johns Road, Clacton-On-Sea

East of England

£350,000

Listed on 03/04/2025

Property Details

Bedrooms
4
Type
Detached Bungalow
Area
925 sqft

Description

This 4-bedroom chalet bungalow offers a unique opportunity for renovation and investment, set on an expansive plot of just under one acre. The property is situated in a tranquil area, making it suitable for family living while presenting significant potential for future development. Inside, the property's layout includes a spacious living room alongside a well-equipped kitchen that flows into the dining space, ideal for both everyday living and entertaining guests. With four sizable bedrooms and a functional family bathroom, there's ample room to adapt the interiors to your needs—whether that means setting up home offices or creating additional living areas. However, what truly sets this property apart is the substantial quarter-acre land at the back. This space not only enhances your outdoor enjoyment but also serves as a blank canvas for potential expansion or development (subject to necessary planning permissions). Options to consider include building an additional dwelling or extending the existing structure, which could significantly elevate the property's value. Located within easy reach of local amenities and transport links, this home offers both comfort and adaptability. It represents an excellent chance for potential buyers to mold their ideal living space while capitalizing on future growth opportunities.

Investment Analysis

(CO16 area)

Above Market Value

This property is priced +21.1% above area average per sq ft

+21.1%
This Property
£378/sq ft
Area Average
£312/sq ft
Avg Rent (weekly)
£249
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£317,816
10% above area average per sq ft
Potential ROI
-26.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (CO16)

Area prices are falling by -2.4% over the last 12 months
3 year growth: -9.0%
5 year growth: -0.7%
Investment Disclaimer: Analysis based on CO16 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

St Johns Road, Clacton-On-Sea
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,249
Based on a loan of £262,500 over 30 years at 3.97% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

Price History

-22.2% since listed
£350,000£25,000(-6.7%)
26/03/2026
Current price
£375,000£25,000(-6.3%)
07/10/2025
£400,000£25,000(-5.9%)
07/06/2025
£425,000£25,000(-5.6%)
12/05/2025
£450,000Initial listing
02/04/2025

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