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New Way, Point Clear Bay, Clacton-on-Sea, Essex, CO16 - Image 1
New Way, Point Clear Bay, Clacton-on-Sea, Essex, CO16 - Image 2
New Way, Point Clear Bay, Clacton-on-Sea, Essex, CO16 - Image 3
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New Way, Point Clear Bay, Clacton-on-Sea, Essex, CO16

East of England

£250,000
Listed on 10/04/2026

Property Details

Bedrooms
3
Type
Detached
Area
1366 sqft

Description

Situated in a well-established residential neighbourhood, this three-bedroom detached house presents a promising opportunity for buyers interested in property potential and value enhancement. Set back from the road, it features off-road parking, ensuring convenience for daily living. The home is laid out over two levels and is currently in fair condition, allowing for immediate habitation while offering ample scope for modernisation and personalisation. The ground floor includes a versatile annex-style bedroom complete with an en-suite shower room, ideal for multigenerational living or as guest accommodations. The main living areas are located upstairs, showcasing a spacious living room that serves as the focal point of the home and a separate kitchen, alongside two additional bedrooms and a family bathroom that together create an effective layout suited to contemporary family needs. The generous rear garden provides excellent outdoor space for entertaining or landscaping projects and adds to the home's privacy due to its detached nature. Located conveniently close to local amenities including shops, supermarkets, schools, and just a short distance from Clacton-on-Sea's town centre and seafront attractions, this property benefits from good transport links into London and along the Essex coastline. Overall, this house represents not only comfortable living conditions but also an excellent investment opportunity for those looking to imprint their own style on the property.

Investment Analysis

(CO16 area)

Below Market Value

This property is priced -41.4% below area average per sq ft

-41.4%
Potential saving
This Property
£183/sq ft
Area Average
£312/sq ft
Avg Rent (weekly)
£277
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£469,337
10% above area average per sq ft
Potential ROI
+59.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (CO16)

Area prices are stable by -1.6% over the last 12 months
3 year growth: -7.9%
5 year growth: +0.6%
Investment Disclaimer: Analysis based on CO16 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

New Way, Point Clear Bay, Clacton-on-Sea, Essex, CO16
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£885
Based on a loan of £187,500 over 30 years at 3.91% 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.

Stamp Duty Calculator

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