49 Tower Estate, Point Clear Bay, Point Clear Bay, Clacton-on-Sea, Essex, CO16 8NG
By Dedman Gray Auction
£ 40,000
Reviews
2 out of 5 stars
Dedman Gray Auction says ..
FOR SALE BY PUBLIC AUCTION ON THURSDAY, 12TH JUNE 2025 AT 12.00PM. LIVE STREAMED VIA DEDMAN GRAY WEBSITE. BIDDING AVAILABLE BY TELEPHONE, PROXY AND ONLINE; BUY TO LET INVESTMENT: A VACANT FREEHOLD BUNGALOW PREVIOUSLY LET FOR £8400 PER ANNUM WHICH REPRESENTS A YIELD OF 14% OF THE GUIDE PRICE.
Property Oracle says ..
This property is a 1 bedroom, 1 bathroom bungalow located in Clacton-on-Sea, Essex. The list price is £40,000, significantly below the average house price in the area (£340,786). While the property appears to be in good condition based on the provided images, its small size (374 sq ft) and lack of land (0 sq ft plot size) are notable factors. The location, while coastal, may not appeal to all buyers. Nearby properties show a wide range of prices, suggesting potential variability in value within the immediate vicinity. The proximity to transportation and schools is a positive, but must be weighed against the property’s size and price.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 4
- Condition
- 8
- Location
- 6
- Land
- 1
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 374.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 350,323.00 £Decreased by 1.18 %
- Est sale value
- 161,194.00 £Increased by 20.73 %
- Average area rental value
- 1,334.00 £/moDecreased by 2.49 %
- Est letting value
- 374.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.57 %Decreased by 1.30 %
- Crime Rate
- 0.00 %
Agent Activity
Dedman Gray Auction created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Brightlingsea Primary School And Nursery | Community School | Requires improvement | 1.30 KM |
| Colne Community School And College (Secondary And 16 To 19 Provision) | Academy Converter | 2.22 KM | |
| Alresford Primary School | Community School | Good | 5.95 KM |
| St Osyth Church Of England Primary School | Academy Sponsor Led | Requires improvement | 6.88 KM |
| Great Bentley Primary School | Community School | Outstanding | 7.54 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Point Clear | £ 83,000 | 0 | 0.00 KM |
| Shipyard Estate | £ 0 | 0 | 0.00 KM |
| Beacon Close | £ 0 | 0 | 0.00 KM |
| Windsor Court | £ 0 | 0 | 0.00 KM |
| Cedar Avenue | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Alresford (Essex) | 6847 | ALR | 6.41 KM |
| Great Bentley | 6855 | GRB | 7.60 KM |
| Wivenhoe | 6860 | WIV | 9.35 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| 49 Tower Estate, Point Clear Bay, Point Clear Bay, Clacton-on-Sea, Essex, CO16 8NG | £ 40,000 | BUY | 4 / 10 | 0.00 KM |
| Two Bed Willerby Ellerton Extra, Pretoria Holiday Park, Point Clear, St Osyth, Essex, CO16 8NG | £ 28,995 | BUY | 6 / 10 | 0.05 KM |
| Tower Estate, Point Clear Bay, Clacton-On-Sea | £ 72,500 | BUY | 5 / 10 | 0.05 KM |
| Tower Estate, Point Clear Bay | £ 150,750 | BUY | Unknown | 0.05 KM |
| Two Bed Swift Loire, Pretoria Holiday Park, Point Clear, St Osyth, Essex, CO16 8NG | £ 19,995 | BUY | 7 / 10 | 0.05 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 32 Tower Estate | £ 470,000 | 0.04 KM |
| 57 Tower Estate | £ 74,000 | 0.05 KM |
| 6 Tower Estate | £ 130,000 | 0.07 KM |
| 54 Western Promenade | £ 177,500 | 0.58 KM |
| 52 Western Promenade | £ 450,000 | 0.60 KM |