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

East of England

£210,000
Listed on 17/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
894 sqft

Description

Located in a sought-after area of Clacton-on-Sea, this three-bedroom semi-detached house presents an opportunity for those eager to personalize and enhance their living space. The property is being sold with no onward chain and requires modernization throughout, making it an ideal canvas for renovation. The ground floor comprises a spacious living room that flows into a kitchen area, with doors leading out to a decking spot that overlooks a sizeable rear garden—perfect for outdoor entertaining or future expansions. On the upper level, you'll find three bedrooms along with a family bathroom. Outside, off-road parking is available at the front, while the expansive garden offers significant potential for landscaping or development (subject to planning permissions). The location is also advantageous; local shops, supermarkets, and leisure amenities are within easy reach. Clacton town centre and its popular seafront are just a short distance away, providing a variety of dining options and recreational activities. With access to well-regarded primary and secondary schools nearby and direct train services to Colchester and London Liverpool Street from Clacton railway station, this property stands as a valuable investment prospect for first-time buyers or investors looking for a rewarding project.

Investment Analysis

(CO15 area)

Below Market Value

This property is priced -11.9% below area average per sq ft

-11.9%
Potential saving
This Property
£235/sq ft
Area Average
£267/sq ft
Avg Rent (weekly)
£245
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£262,076
10% above area average per sq ft
Potential ROI
+4.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
56
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (CO15)

Area prices are rising by +6.3% over the last 12 months
3 year growth: -1.1%
5 year growth: +12.4%
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

Melbourne Road, Clacton-on-Sea, Essex, CO15
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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
£744
Based on a loan of £157,500 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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