Penfold Road, Clacton-on-Sea, Essex
LE

Penfold Road, Clacton-on-Sea, Essex

By Leaders Sales

£ 120,000

Reviews

2 out of 5 stars

Leaders Sales says ..

*** Guide Price £120,000 - £130,000 *** Ideally situated equidistant from Clacton's town centre, its renowned beaches and Clacton & General Hospital, you couldn't ask for a more rentable investment. With tenants in situ producing an income to the sum of £10,200.

Property Oracle says ..

This property is a three-bedroom apartment situated in Clacton-on-Sea, Essex, listed at £120,000. The location offers convenient access to the town centre, beaches, and the local hospital. This makes it suitable as a rental investment or for those seeking easy access to amenities. The interior is presented as reasonably clean and livable, though its appearance is somewhat dated; it might benefit from some modernisation. The property also has a lack of outdoor space. The asking price seems competitive for the area, particularly given the potential for rental income as mentioned in one nearby listing. However, a lack of plot size details and the condition of some exterior areas (the images reveal an aged fence and what appears to be a neglected area at the back of the property) affect the property’s appeal and the potential cost of any required maintenance. Buyers and investors should factor in potential refurbishment costs into their budget. The lack of bathroom specifics also warrants a closer look during a viewing.

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
7
Condition
5
Location
6
Land
1
Bedrooms
3
Bathrooms
0
Sqft (est)
781.46

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
425,000.00 £
Decreased by 8.87 %
from 466,353.00 £
Est sale value
283,669.98 £
Decreased by 7.16 %
from 305,550.86 £
Average area rental value
2,435.00 £/mo
Increased by 27.89 %
from 1,904.00 £/mo
Est letting value
1,562.92 £/mo
Increased by 100.00 %
from 781.46 £/mo
Est rental Yield
6.88 %
Increased by 40.41 %
from 4.90 %
Crime Rate
67.00 %
Unchanged by 0.00 %
from 67.00 %

Agent Activity

  • Leaders Sales marked this listing as sold.

  • Leaders Sales created the listing.

Nearby Schools

NameTypeOfstedDistance
Ten2 St. James' Family Hub Delivery SiteChildren's Centre Linked Site1.05 KM
Alton Park Junior SchoolAcademy Converter1.09 KM
Oakwood Infant And Nursery SchoolCommunity SchoolGood1.33 KM
Clacton County High SchoolAcademy ConverterGood1.52 KM
White Hall AcademyAcademy Sponsor LedGood1.58 KM

Images

Picture No. 04 Picture No. 05 Picture No. 10 Picture No. 02 Picture No. 06 Picture No. 03 Picture No. 08 Picture No. 11 Picture No. 09 Picture No. 01

Nearby Streets

NameAverage PriceAverage SqftDistance
Rosemary Road £ 000.00 KM
Nelson Road £ 247,65000.00 KM
Beach Mews £ 135,00000.00 KM
Link Road £ 000.00 KM
Estuary Crescent £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Clacton-On-Sea6850CLT0.81 KM
Thorpe-Le-Soken6857TLS6.80 KM
Weeley6859WEE8.29 KM
Kirby Cross6862KBX9.29 KM

Nearby Listings

AddressPriceTypeScoreDistance
Penfold Road, Clacton-on-Sea, Essex £ 120,000BUY4 / 100.00 KM
Penfold Road, Clacton-On-Sea £ 80,000BUY4 / 100.01 KM
Flat 2, 19 Penfold Road, Clacton-on-Sea, Essex, CO15 £ 20,000BUY5 / 100.01 KM
Flat 2, 19 Penfold Road, Clacton-on-Sea, Essex, CO15 £ 20,000BUY4 / 100.01 KM
Penfold Road, Clacton-on-Sea £ 315,000BUY6 / 100.02 KM

Nearby Properties

AddressPriceDistance
8 - 10 Penfold Road £ 190,0000.01 KM
9b Penfold Road £ 123,0000.01 KM
30 Penfold Road £ 330,0000.01 KM
3 Penfold Road £ 219,9950.01 KM
29 Penfold Road £ 480,0000.01 KM