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Granville Road, Clacton-On-Sea, Essex

East of England

£40,950
Listed on 08/05/2026

Property Details

Bedrooms
1
Type
Flat

Description

This ground floor studio flat presents a compelling opportunity for cash buyers seeking an investment in Clacton-on-Sea. With approximately 65 years remaining on the lease and offered with vacant possession, this property is conveniently located within 500 meters of the mainline railway station, providing direct access to London Liverpool Street, along with proximity to the sea front and town centre. The communal parking and gardens enhance the appeal of this residence. Internally, while the layout includes a lounge/bedroom area, kitchen, and bathroom, there is significant potential for modernization and restructuring to maximize living space or rental yield. The double glazed bay window in the lounge/bedroom invites natural light, and with some thoughtful renovations, this could become an attractive home or letting opportunity. An internal inspection is advisable to fully appreciate the possibilities that this property offers for renovation.

Investment Analysis

(CO15 area)
Area Average
£266/sq ft
Avg Rent (weekly)
£236
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£8,500 - £15,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
63
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (CO15)

Area prices are rising by +4.9% over the last 12 months
3 year growth: -3.1%
5 year growth: +9.6%
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

Granville Road, Clacton-On-Sea, Essex
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£146
Based on a loan of £30,712 over 30 years at 3.97% 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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