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Carlton Road, Clacton-on-Sea, Essex, CO15

East of England

£325,000
Listed on 01/11/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1075 sqft

Description

Nestled in a sought-after coastal neighborhood, this detached bungalow presents an exciting opportunity for renovation and investment. Featuring two spacious double bedrooms, the layout is adaptable, providing ample space for customization to suit individual tastes. The interior currently reflects a dated aesthetic, making it an ideal blank canvas for those looking to infuse modern design elements or more personalized styles. Outside, the property includes off-road parking and a private garage, enhancing practicality and convenience in a tranquil setting. The serene surroundings not only offer a peaceful retreat but also contribute to the overall appeal of the location. Given its potential for transformation, this bungalow is particularly attractive for investors or buyers eager to create their dream home from the ground up. With careful renovation, this property could yield significant value in a thriving community known for its desirable amenities and coastal lifestyle. Opportunities like this are rare in the market, making it worthwhile to consider early viewing to fully appreciate the possibilities it holds.

Investment Analysis

(CO15 area)

Above Market Value

This property is priced +12.6% above area average per sq ft

+12.6%
This Property
£302/sq ft
Area Average
£269/sq ft
Avg Rent (weekly)
£246
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£317,620
10% above area average per sq ft
Potential ROI
-13.0%
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

Carlton Road, 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
£1,191
Based on a loan of £243,750 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