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Golf Green Road, Jaywick

East of England

£80,000
Listed on 06/11/2025

Property Details

Bedrooms
1
Type
Detached house

Description

This detached bungalow, situated in the sought-after Jaywick Village, presents an excellent opportunity for cash buyers looking to invest in a renovation project. The property is conveniently located within walking distance of local shops, bus stops, and the beautiful seafront, enhancing its appeal for both residents and potential renters. The interior layout features a spacious 21'4 lounge/diner that allows for plenty of natural light and offers a versatile space for various living arrangements. There is also a compact kitchen and a three-piece shower room that provide the essentials while leaving room for personal touches and updates. The bedroom measures 8'6 x 8'5, offering a comfortable retreat, although it too would benefit from modernization. Additionally, the property includes gas central heating and double glazing, which are valuable features that could help improve energy efficiency once any renovations are completed. The driveway provides off-road parking—a significant advantage in this area. Given the property's current condition and its pricing strategy reflecting the need for improvement, it stands as a promising investment opportunity. With thoughtful renovations, there is ample potential to enhance both its value and livability. The freehold tenure adds to its appeal for those looking to secure a long-term investment. Prospective buyers should be aware that this is a cash-only purchase with no onward chain, facilitating a straightforward acquisition process. This bungalow's location, combined with its renovation potential, positions it well for those looking to make their mark in a vibrant community.

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

Golf Green Road, Jaywick
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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
£293
Based on a loan of £60,000 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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