Lake Walk, Clacton-on-Sea, Essex - Image 1

Lake Walk, Clacton-on-Sea, Essex

East of England

£70,000

Listed on 24/05/2026

Property Details

Bedrooms

Type

Plot

Description

This parcel of land presents a unique investment opportunity, ideally situated less than a mile from Clacton town centre and the mainline train station. With local amenities such as shops and schools in close proximity, the site offers significant potential for development, subject to obtaining the necessary planning permissions. Investors should consider this prime location for future residential or commercial projects.

Investment Analysis

(CO15 area)

Area Average

£266/sq ft

Avg Rent (weekly)

£236

Avg Yield

4.8%

Renovation Potential

Heavy Refurb

Est. Renovation Cost

£80,000 - £120,000

Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.

Monthly Sales

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

Lake Walk, Clacton-on-Sea, Essex

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Mortgage Calculator

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments

£250

Based on a loan of £52,500 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.