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Peregrine Close, Clacton on Sea, CO15

East of England

£200,000
Listed on 04/11/2025

Property Details

Bedrooms
2
Type
Detached house
Area
719 sqft

Description

This two-bedroom semi-detached home presents a solid foundation for those seeking a renovation project or an investment opportunity. Located in a pleasant neighborhood, the property is poised for modernization, offering potential buyers the chance to enhance its value through strategic upgrades. As you enter, the porch leads into a spacious lounge that measures 13’10” x 12’. It features a double-glazed front window and a traditional fireplace surround, providing a cozy starting point for any redesign. The inner hall offers additional storage with an airing cupboard and access to the loft, which could be transformed into extra living space subject to relevant permissions. The kitchen spans 14’ x 7’10”, featuring dated but functional work surfaces, built-in cabinetry, and plumbing for modern appliances. There's ample natural light from both the double-glazed door and window, creating a welcoming atmosphere. Adjacent to the kitchen is the conservatory, which provides easy access to the rear garden – an ideal spot for future expansion or outdoor entertaining. Both bedrooms are generously sized; Bedroom 1 measures 14’ x 9’5” and Bedroom 2 is 11’ x 10’, each benefiting from double-glazed windows and radiators for heating. The property also includes a wet room complete with tiled walls and essential fixtures. Externally, there’s a driveway leading to a garage equipped with power and light – perfect for use as additional storage or workspace. The rear garden extends approximately 30 feet in depth and features established lawn areas along with patio spaces, two sheds, and a greenhouse, all of which could be revitalized with some landscaping efforts. Situated within reach of local amenities and transport links, this property not only offers comfortable living but also significant renovation potential to maximize its investment appeal. Whether you're entering the property market or looking to expand your portfolio, this home is realistically priced to attract those ready to make their mark.

Investment Analysis

(CO15 area)

Above Market Value

This property is priced +3.6% above area average per sq ft

+3.6%
This Property
£278/sq ft
Area Average
£269/sq ft
Avg Rent (weekly)
£246
Avg Yield
5.3%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £10,000
Target Value
£212,436
10% above area average per sq ft
Potential ROI
+1.2%
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

Peregrine 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
£733
Based on a loan of £150,000 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