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Mersea View, New Way, Point Clear Bay, Clacton-on-Sea, CO16 - Image 1
Mersea View, New Way, Point Clear Bay, Clacton-on-Sea, CO16 - Image 2
Mersea View, New Way, Point Clear Bay, Clacton-on-Sea, CO16 - Image 3
Mersea View, New Way, Point Clear Bay, Clacton-on-Sea, CO16 - Image 4
Mersea View, New Way, Point Clear Bay, Clacton-on-Sea, CO16 - Image 5
Mersea View, New Way, Point Clear Bay, Clacton-on-Sea, CO16 - Image 6
Mersea View, New Way, Point Clear Bay, Clacton-on-Sea, CO16 - Image 7

Mersea View, New Way, Point Clear Bay, Clacton-on-Sea, CO16

East of England

£60,000

Listed on 20/05/2026

Property Details

Bedrooms
1
Type
Detached

Description

This detached property presents a rare opportunity for those looking to invest in a home with significant potential for renovation in the cherished Point Clear Bay area. With no onward chain, you can start planning your improvements right away. The property features two levels, with the upper floor currently comprising a spacious living room designed to maximize the pleasant views over to Mersea Island, along with a separate kitchen and one bedroom. This layout offers ample scope for reconfiguration into an open-plan living space, which is highly sought after in modern homes. On the ground floor, you'll find a considerable area that serves as garages and storage space. This section can be transformed into additional living quarters or even self-contained accommodation, pending necessary planning permissions—ideal for guests or rental income. Outside, there is off-road parking and a manageable garden space that could be further enhanced or tailored to your liking. The overall size of the plot and its existing layout make it an appealing project for anyone aiming to create their own bespoke home or rental investment. Point Clear Bay is celebrated for its tranquil atmosphere, picturesque coastal views, and proximity to outdoor activities like sailing and beach outings. Local amenities are conveniently located in nearby Brightlingsea, while Colchester offers more extensive services and direct train links to London Liverpool Street. This property stands out as a unique chance to secure an asset in this desirable coastal setting with ample room for value addition through renovation.

Investment Analysis

(CO16 area)
Area Average
£312/sq ft
Avg Rent (weekly)
£249
Avg Yield
4.0%

Renovation Potential

Medium 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
30
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (CO16)

Area prices are falling by -2.4% over the last 12 months
3 year growth: -9.0%
5 year growth: -0.7%
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

Mersea View, New Way, Point Clear Bay, Clacton-on-Sea, CO16
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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
£214
Based on a loan of £45,000 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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