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 %
- Est sale value
- 283,669.98 £Decreased by 7.16 %
- Average area rental value
- 2,435.00 £/moIncreased by 27.89 %
- Est letting value
- 1,562.92 £/moIncreased by 100.00 %
- Est rental Yield
- 6.88 %Increased by 40.41 %
- Crime Rate
- 67.00 %Unchanged by 0.00 %
Agent Activity
Leaders Sales marked this listing as sold.
Leaders Sales created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Ten2 St. James' Family Hub Delivery Site | Children's Centre Linked Site | 1.05 KM | |
| Alton Park Junior School | Academy Converter | 1.09 KM | |
| Oakwood Infant And Nursery School | Community School | Good | 1.33 KM |
| Clacton County High School | Academy Converter | Good | 1.52 KM |
| White Hall Academy | Academy Sponsor Led | Good | 1.58 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Rosemary Road | £ 0 | 0 | 0.00 KM |
| Nelson Road | £ 247,650 | 0 | 0.00 KM |
| Beach Mews | £ 135,000 | 0 | 0.00 KM |
| Link Road | £ 0 | 0 | 0.00 KM |
| Estuary Crescent | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Clacton-On-Sea | 6850 | CLT | 0.81 KM |
| Thorpe-Le-Soken | 6857 | TLS | 6.80 KM |
| Weeley | 6859 | WEE | 8.29 KM |
| Kirby Cross | 6862 | KBX | 9.29 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Penfold Road, Clacton-on-Sea, Essex | £ 120,000 | BUY | 4 / 10 | 0.00 KM |
| Penfold Road, Clacton-On-Sea | £ 80,000 | BUY | 4 / 10 | 0.01 KM |
| Flat 2, 19 Penfold Road, Clacton-on-Sea, Essex, CO15 | £ 20,000 | BUY | 5 / 10 | 0.01 KM |
| Flat 2, 19 Penfold Road, Clacton-on-Sea, Essex, CO15 | £ 20,000 | BUY | 4 / 10 | 0.01 KM |
| Penfold Road, Clacton-on-Sea | £ 315,000 | BUY | 6 / 10 | 0.02 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 8 - 10 Penfold Road | £ 190,000 | 0.01 KM |
| 9b Penfold Road | £ 123,000 | 0.01 KM |
| 30 Penfold Road | £ 330,000 | 0.01 KM |
| 3 Penfold Road | £ 219,995 | 0.01 KM |
| 29 Penfold Road | £ 480,000 | 0.01 KM |