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Havering Close, Clacton on Sea, CO15

East of England

£215,000
Listed on 11/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
810 sqft

Description

This two-bedroom semi-bungalow presents a solid opportunity for renovation and investment. The property features a spacious "L" shaped lounge and dining area that provides ample space for relaxation and entertainment, enhanced by a charming brick fireplace and French doors leading to a modern conservatory. This extension adds additional light and connects the indoor space with the outdoor garden, offering potential for various uses or further enhancements. The kitchen, while functional, offers room for modernization with its range of work surfaces, cabinetry, and recent updates including a new gas boiler installed in 2024. A side window allows for natural light to brighten the workspace. The master bedroom includes convenient ensuite facilities, featuring a wet room layout that could benefit from contemporary upgrades. Meanwhile, the second bedroom is generously sized, ensuring comfort for family or guests. The original bathroom retains its classic charm but also presents an opportunity to remodel according to modern tastes. Outside, the property boasts well-maintained rear and side gardens featuring patio areas and established plants, creating a pleasant outdoor oasis. There is also a driveway leading to an attached garage equipped with power and lighting—ideal for conversion into additional living space if desired. This location is desirable, benefiting from good mobile coverage and direct access to mains water and electricity sourced from owned solar panels. The combination of solid construction materials used throughout ensures durability while providing the foundation for personal transformation through thoughtful renovations. Investors will appreciate the potential this property holds—not only in terms of enhancing living standards but also in increasing value through strategic improvements.

Investment Analysis

(CO15 area)

Below Market Value

This property is priced -1.2% below area average per sq ft

-1.2%
Potential saving
This Property
£265/sq ft
Area Average
£269/sq ft
Avg Rent (weekly)
£246
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£239,323
10% above area average per sq ft
Potential ROI
-2.3%
After renovation
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

Havering Close, Clacton on Sea, CO15
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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
£788
Based on a loan of £161,250 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