Summary - 26A, ORWELL ROAD CO15 1PP
2 bed 1 bath Mixed Use
Prominent shopfront with conversion potential near Clacton pier.
Freehold Victorian mid-terrace with large overall footprint (approx. 1,727 sq ft)
A large, vacant Victorian mid-terrace currently arranged as a ground-floor commercial unit with a two‑bed flat above. Offered freehold and sold at public auction with a guide price of £140,000+, the building is extensive (approximately 1,727 sq ft) and suits buyers looking for a hands-on refurbishment or conversion project.
The property has clear value drivers: prominent shopfront with large display windows, off‑street parking and proximity to Clacton pier, shops and transport links. The layout provides multiple ground-floor rooms (office, workshop, WC) and a first-floor reception with an open-plan kitchen, two bedrooms and a bathroom — allowing either continued mixed-use, separate residential-let income or potential full residential conversion (subject to planning and consents).
Important drawbacks are straightforward. The building is derelict/unkempt and requires a comprehensive program of renovation — including damp issues in the basement, dated mid‑century kitchen, low basement ceilings and general modernisation throughout. The surrounding area is classified as very deprived with very high crime levels and a transitional Eastern European neighbourhood profile; these factors will affect resale and lettability and should be considered by lenders and insurers.
This lot suits experienced investors or developers who can manage refurbishment, secure necessary consents and accept the area risk profile. The property is sold at auction (public notice/repossession applies) — inspect legal documents in the auction pack before bidding and attend the advertised viewings if possible.
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