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Midway, Grasslands, Jaywick, Essex

East of England

£99,995
Listed on 07/02/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This two-bedroom detached bungalow, constructed from timber frame, is located in the Grasslands area of Jaywick, a coastal community in Essex. The property features an approximately 50-foot front garden that provides a sense of space and privacy, along with a parking area that presents opportunities for potential extension or development (subject to obtaining planning permission). Just a short stroll from the bungalow, you will find the Jaywick sea front, which is only 100 meters away, making it an attractive option for those looking to embrace coastal living. Clacton’s town center and mainline railway station are located about two and three-quarter miles away, offering convenient access to local amenities and transport links. Inside, the layout includes a combined lounge and kitchen area measuring approximately 4.65m x 3.43m (15'3" x 11'3"), featuring double-glazed windows on both the front and side aspects. The kitchen is fitted with laminated cabinetry and has designated spaces for essential appliances, including a cooker and washing machine. The two bedrooms provide comfortable accommodation, with Bedroom One measuring around 3.15m x 2.26m (10'4" x 7'5") and Bedroom Two at approximately 2.46m plus door recess x 2.24m (8'1" plus door recess x 7'4"). Each bedroom features wall-mounted electric heaters and double-glazed windows overlooking the rear garden. The shower room is equipped with a three-piece suite comprising a shower cubicle, low-level WC, and vanity wash hand basin. Partially tiled walls add some character to this functional space. Externally, the front garden is mainly laid to lawn and partially enclosed by picket fencing for added privacy. Double gates allow vehicular access, making parking straightforward. A hard-standing patio area leads to pedestrian access via a side gate to the rear of the property. The rear garden features a low-maintenance courtyard style with panel fencing providing enclosure for security and privacy, along with a timber storage shed for added convenience. As this property is timber-framed construction, it may be suitable primarily for cash purchasers due to potential lending restrictions. This unique aspect offers the opportunity for investors or DIY enthusiasts to explore renovation options that can enhance value over time while benefiting from its prime seaside location. Overall, this bungalow presents considerable potential for those willing to invest in upgrades or alterations while enjoying proximity to beautiful coastal scenery and local amenities.

Investment Analysis

(CO15 area)
Area Average
£269/sq ft
Avg Rent (weekly)
£246
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
49
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (CO15)

Area prices are rising by +2.9% over the last 12 months
3 year growth: -5.1%
5 year growth: 13.4%
Investment Disclaimer: Analysis based on CO15 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

Midway, Grasslands, Jaywick, Essex
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£366
Based on a loan of £74,996 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE