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Oxford Crescent, Clacton-on-Sea, Essex, CO15

East of England

£150,000
Listed on 17/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
793 sqft

Description

This two-bedroom detached bungalow presents a valuable opportunity for renovation and investment in Clacton-on-Sea. Its traditional layout includes a separate kitchen, dining room, and living area, along with two spacious bedrooms. The property features a shower room complemented by a separate toilet, along with an entrance hall and additional storage space that enhance functionality. The east-facing rear garden is a notable highlight, offering potential for outdoor improvements or landscaping to create an inviting space for relaxation or entertainment. Additionally, the property includes off-road parking for one vehicle, adding convenience for residents and guests alike. While the home requires modernization throughout, this presents a blank canvas for those looking to design their own living environment or invest in rental potential. Its location near local amenities and transport links enhances its appeal, making it attractive not only as a primary residence but also as an investment opportunity. Offered with no onward chain, this property is ideal for buyers who are eager to undertake a project in a sought-after area. Whether you're looking to create your dream home or capitalize on the investment potential in this market, this bungalow offers the right mixture of features and location advantages.

Investment Analysis

(CO15 area)

Below Market Value

This property is priced -29.6% below area average per sq ft

-29.6%
Potential saving
This Property
£189/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
£234,300
10% above area average per sq ft
Potential ROI
+30.2%
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

Oxford Crescent, Clacton-on-Sea, Essex, 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
£549
Based on a loan of £112,500 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