Fairfield Road, Clacton-on-Sea
MI

Fairfield Road, Clacton-on-Sea

By Mike Vincent & Son

£ 165,000

Reviews

2 out of 5 stars

Mike Vincent & Son says ..

** INVESTMENT OPPURTUNITY ** An opportunity to buy these two independent leasehold flats currently let on Assured Shorthold Tenancy agreements generating £13,500 per annum. Benefits from 125 year leases that begun in 2017 and up to date landlord gas safe and electrical certificates in place.

Property Oracle says ..

This property is a two bedroom flat located on Fairfield Road in Clacton-on-Sea. The location benefits from being close to local amenities and transport links. Clacton-on-Sea railway station is within walking distance, providing convenient access to other towns and cities. There are also several schools nearby, including White Hall Academy and Clacton County High School, both rated as ‘Good’ by Ofsted.

The property itself appears to be in reasonable condition, although some minor cosmetic improvements could be made. The garden requires significant attention and is currently cluttered. The price of £165,000 seems reasonable considering the average property price in the area, but further investigation into the property’s square footage would be beneficial to determine the price per square foot and compare it to similar properties in the locality. More information on the size of the property is needed to make a fully informed assessment of value.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
6
Location
7
Land
3
Bedrooms
2
Bathrooms
2

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 £
Average area rental value
2,435.00 £/mo
Increased by 27.89 %
from 1,904.00 £/mo
Est rental Yield
6.88 %
Increased by 40.41 %
from 4.90 %
Crime Rate
15.00 %
Unchanged by 0.00 %
from 15.00 %

Agent Activity

  • Mike Vincent & Son marked this listing as sold.

  • Mike Vincent & Son created the listing.

Nearby Schools

NameTypeOfstedDistance
Ten2 St. James' Family Hub Delivery SiteChildren's Centre Linked Site0.36 KM
White Hall AcademyAcademy Sponsor LedGood0.75 KM
Clacton Coastal AcademyAcademy Sponsor LedRequires improvement1.09 KM
Clacton County High SchoolAcademy ConverterGood1.10 KM
Alton Park Junior SchoolAcademy Converter1.24 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Olivers Road £ 000.00 KM
Saint Anns Road £ 000.00 KM
Saint Martins Close £ 000.00 KM
Rosemary Road £ 000.00 KM
Beach Mews £ 135,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Clacton-On-Sea6850CLT0.40 KM
Thorpe-Le-Soken6857TLS5.86 KM
Weeley6859WEE7.48 KM
Kirby Cross6862KBX8.69 KM

Nearby Listings

AddressPriceTypeScoreDistance
Fairfield Road, Clacton-on-Sea £ 165,000BUY5 / 100.00 KM
Fairfield Road, Clacton-On-Sea £ 270,000BUY6 / 100.02 KM
Fairfield Road, Clacton-On-Sea £ 265,000BUY6 / 100.03 KM
Fairfield Road, Clacton-On-Sea £ 185,000BUY5 / 100.03 KM
Fairfield Road, Clacton on Sea, CO15 £ 260,000BUY7 / 100.04 KM

Nearby Properties

AddressPriceDistance
7 Fairfield Road £ 117,0000.02 KM
2 Fairfield Road £ 252,5000.02 KM
2d Fairfield Road £ 114,0000.02 KM
3 Fairfield Road £ 85,0000.02 KM
1 Fairfield Road £ 184,0000.02 KM