Summary - 49 MEREDITH ROAD CLACTON-ON-SEA CO15 3AG
4 bed 1 bath Terraced
Immediate rental income near the train station with period features.
Tenant in situ delivering a 7.5% gross yield
A classic Victorian mid-terrace with bay windows, original fireplaces and period charm, this four-bedroom property is presented well and currently let to provide an attractive 7.5% gross yield. Two reception rooms and a modern fitted kitchen give practical, lettable living space, while the small courtyard garden offers low-maintenance outdoor space. Its freehold tenure and proximity to the mainline train station support long-term rental demand.
The property suits an investor seeking immediate income: tenant in situ means rental return from day one, and the overall 1,260 sq ft provides strong room count for family or sharer lets. The home has character features that appeal to long-term tenants and a boiler/radiator gas system for mains heating.
Buyers should note constraints that affect value and refurbishment plans. The area is classified as very deprived with high local crime — these social factors influence tenant profiles and resale values. The house has a single bathroom and signs of a damp stain in the living room that should be investigated. Solid brick walls likely lack cavity insulation and so upgrading thermal performance may be needed.
This is a practical investment with immediate yield and scope for value-add refurbishment (insulation, damp remediation, cosmetic refresh). Viewing is recommended for investors comfortable operating in higher-need urban locations and managing refurbishment or tenancy matters.
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