Seafront-adjacent one-bed with refurbishment upside and parking.
Guide Price £60,000 — sold at Modern Auction
A compact one-bedroom first-floor flat positioned above a ground-floor commercial unit on a prominent corner in Sutton-on-Sea. The property sits a short walk from the beach and high street, offering strong coastal footfall and easy access to local amenities. Guide Price £60,000, sold at Modern Auction; sale subject to auction terms.
The flat offers a bay-fronted lounge, separate kitchen, one bedroom and a large bathroom within approximately 488 sq ft. Off-street parking is included. The building is a Victorian red-brick terrace with good street visibility — attractive for short-term holiday lets or a long-term buy-to-let once refurbished.
Material considerations: the property requires modernisation and may have damp issues; the EPC is rated G. It is leasehold and will sell at auction, so legal pack and lease details must be checked before bidding. There is no private garden and the location has a medium flood risk and sits within a very deprived area, which may affect insurance, demand and rental levels.
For an investor or a buyer seeking a coastal pied-à-terre, the flat presents clear upside through refurbishment and active management. The mixed-use building also offers potential commercial/residential income diversification, but purchasers should budget for remediation work and confirm lease length, service charges and flood cover prior to purchase.
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