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Orwell Road, Clacton on Sea

East of England

£160,000
Listed on 24/02/2026

Property Details

Bedrooms
2
Type
Terraced house

Description

This freehold mixed-use property presents an exciting investment potential in the heart of Clacton on Sea. The ground floor shop unit is experiencing water damage, indicating a need for significant renovation, while also offering the possibility of conversion into a residential flat, subject to obtaining the necessary planning permissions. Above the shop, a self-contained flat features a front door entrance, with an open-plan living area and kitchen measuring 16'3, alongside a bathroom and two interconnected bedrooms. This configuration offers versatility for prospective buyers seeking rental income or owner-occupancy options. There may also be a possibility to purchase each unit separately, which could enhance investment flexibility.

Investment Analysis

(CO15 area)
Area Average
£269/sq ft
Avg Rent (weekly)
£237
Avg Yield
5.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
51
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (CO15)

Area prices are rising by +5.6% over the last 12 months
3 year growth: -3.1%
5 year growth: +14.9%
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

Orwell Road, Clacton on Sea
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Mortgage Calculator

£
£
£
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%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£577
Based on a loan of £120,000 over 30 years at 4.06% 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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