Summary - 24 SPINNAKER CLOSE CLACTON-ON-SEA CO15 1AY
2 bed 1 bath Flat
Easy, low‑maintenance coastal living for over‑55s close to shops and transport.
Two-bedroom first-floor retirement flat with balcony and sea nearby
No onward chain — vacating and immediate move possible
Leasehold with 62 years remaining — mortgage risk and value impact
Sold at auction; 4.5% non-refundable reservation fee applies (min £6,600)
Communal gardens, residents off-street parking and 24‑hour careline
Electric storage heaters — potentially higher running costs
Small overall size (~561 sq ft) — best for downsizers or single couples
Local area flagged as deprived and higher crime than average
This first-floor, two-bedroom retirement flat sits within easy walking distance of Clacton seafront, offering a balcony, communal gardens and residents’ off-street parking. With no onward chain and neutral decoration throughout, it’s ready for immediate occupation by an over‑55s buyer or investor seeking a seaside location.
Important practical points are clear: the property is leasehold with 62 years remaining — a level that may make mortgage lending difficult and limits long-term value unless the lease is extended. Heating is by electric storage heaters and the main fuel is electricity, so running costs can be higher than gas-heated homes.
The flat is part of a managed retirement development with a 24‑hour careline and secure intercom, which supports independent living. It is small in overall size (approximately 561 sq ft) and suits downsizers or purchasers wanting low-maintenance living close to amenities and the beach.
Sale is via the Modern Method of Auction. Buyers should factor in the non-refundable reservation fee (4.5% of the purchase price, minimum £6,600) and the Buyer Information Pack fee before bidding. Check mortgage options carefully before committing, given the lease length and auction sale format.
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