Summary - ST OSYTH BOATYARD, MILL STREET CO16 8EW
2 bed 1 bath Not Specified
Spacious waterside shell ideal for investor conversion or hospitality reuse.
Large 3,800 sq ft floating property with substantial internal space
Mains water, electricity and sewer connected — rare for houseboats
Includes off-street parking and option for secure mooring/commercial licence
Previously used as bar/restaurant; suitable for hospitality or residential conversion
Property to be sold at auction; offered in current condition
Storage/garage areas derelict, cluttered and in poor condition
Requires significant renovation, finishing and likely licensing work
Local area has slow broadband and higher deprivation — affects resale/rentability
This large 3,800 sq ft freehold houseboat on Mill Street, Clacton-on-Sea offers a rare waterside investment or conversion project. It already has mains water, electricity, sewer and off-street parking — amenities often missing on floating properties — and sits in a small-town, seaside location with potential tourist demand.
The boat has previously traded as a bar/restaurant and has planning/operational history for commercial use; there is the option to acquire the secure mooring and commercial licence. With substantial internal space and an industrial/maritime shell, the vessel is well suited to a creative refit: residential conversion, holiday let/AirBnB, or reinstatement as a hospitality venue.
Important practical points are plain: the property is being sold at auction and is offered for a sale price that reflects its condition. The storage/garage areas are derelict and cluttered and the boat requires significant renovation and finishing throughout. Broadband is slow and the surrounding area scores as deprived, so factor local market limitations into rental or resale forecasts.
For investors who can manage a renovation and licensing, projected short-term rental income (illustrative) is highlighted in marketing material, but this depends on achieving occupancy, meeting safety and licence conditions, and the costs of conversion. The sale is suited to buyers comfortable with fixer-uppers, auction processes and marine property maintenance.
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