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Sherwood Drive, Clacton-on-Sea, Essex

East of England

£300,000
Listed on 11/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1054 sqft

Description

This spacious detached house is nestled in a desirable neighborhood within the Robin Hood Development, offering an exciting renovation opportunity for those looking to personalize their space. With three generously-sized bedrooms and two reception rooms, the layout provides ample living space, ideal for families or individuals who enjoy entertaining. The property features an en-suite shower room and a family bathroom, along with a convenient ground floor W/C. While the home requires modernization throughout, this presents a unique chance to inject your own style and preferences into every corner. Natural light pours into the interior, enhancing the already inviting atmosphere of the living areas. The property boasts a sizable garden that holds potential for outdoor relaxation or social gatherings. Added conveniences include off-street parking and a garage—valuable assets in any urban setting. Situated in a tranquil yet accessible area, this home is well-positioned for both families and professionals seeking comfortable living. Moreover, it comes with the benefit of no onward chain, allowing for a potentially smoother transition for buyers. With its blend of spaciousness and character, this property is ripe with investment potential. It’s an excellent opportunity whether you plan to renovate for personal enjoyment or as part of your investment strategy.

Investment Analysis

(CO15 area)

Above Market Value

This property is priced +6.0% above area average per sq ft

+6.0%
This Property
£285/sq ft
Area Average
£269/sq ft
Avg Rent (weekly)
£246
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£311,415
10% above area average per sq ft
Potential ROI
-8.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Sherwood Drive, Clacton-on-Sea, 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
£1,099
Based on a loan of £225,000 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE