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Groom Park, Clacton on Sea, CO15

East of England

£175,000
Listed on 31/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
804 sqft

Description

This three-bedroom semi-detached home, previously part of a council housing scheme, presents a solid foundation for renovation and investment. While it requires modernisation, its layout and features offer significant potential for those looking to create their ideal living space or to enhance rental appeal. The entrance lobby welcomes you with a practical design, featuring a double-glazed front door and convenient storage options. The lounge, measuring 14’ x 12’4”, is bathed in natural light from the double-glazed window and includes essential amenities like a radiator and TV point. This room offers direct access to the kitchen/diner. The kitchen/diner spans 13’ x 10’, providing ample space and existing cabinetry suited for future updates. It includes work surfaces, plumbing for a washing machine, and an inset sink unit, along with an extractor hood. A side doorway leads to the rear courtyard-style garden, an area that could be transformed into an outdoor haven. On the first floor, the landing is illuminated by a double-glazed side window and grants access to the loft space. Each of the three bedrooms has its own unique attributes: Bedroom 1 (12’5” x 10’5”) features two fitted wardrobes; Bedroom 2 (10’3” x 10’) also includes fitted storage; while Bedroom 3 (9’3” x 7’2”) provides additional flexibility for various uses. The bathroom comprises essential fixtures including a panelled bath, wash basin, and low-level WC—adding functionality to the upper level without sacrificing space. Externally, the property boasts an enclosed front garden with potential for off-road parking—a sought-after feature in urban settings. The compact rear garden is paved and approximately 15 feet deep, offering outdoor space that can be easily tailored to suit personal preferences or enhance overall property value. Located within easy reach of local schools and town amenities, this property stands out as an attractive investment opportunity or chance for homeowners seeking to imprint their style on a new property. Its chain-free status further simplifies any potential transaction process.

Investment Analysis

(CO15 area)

Below Market Value

This property is priced -19.2% below area average per sq ft

-19.2%
Potential saving
This Property
£218/sq ft
Area Average
£269/sq ft
Avg Rent (weekly)
£257
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£238,169
10% above area average per sq ft
Potential ROI
+13.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (CO15)

Area prices are rising by +6.9% over the last 12 months
3 year growth: -1.5%
5 year growth: 17.5%
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.

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Location

Groom Park, Clacton on Sea, CO15
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