Immediate rental income with tenants in place and strong yield.
Four double bedrooms across three floors, good rental layout
A substantial four-bedroom mid-terraced Victorian townhouse arranged over three floors, currently let and delivering around a 7% gross rental yield. The property offers separate living and dining rooms, a functional kitchen and a private rear garden, making it suitable for long-term tenants and portfolio growth. Double glazing and mains gas central heating are already in place.
The house sits close to Clacton town centre, rail links and the seafront, which helps tenant demand. Nearby schools and local amenities add practical appeal for family renters. With tenants in situ, the purchase presents immediate income and low void risk for investors seeking cashflow.
There are clear refurbishment needs: external wall staining, plaster damage in the living room and generally dated internal finishes. The property is solid-brick with no installed cavity insulation (assumed), so thermal upgrades could be required to improve EPC and running costs. The area shows high crime levels and very high deprivation which may affect long-term capital appreciation and tenant mix.
This freehold terraced home suits an investor comfortable managing a working tenancy and undertaking measured refurbishment to boost rents and value. It’s an opportunity to add an income-producing asset in a well-connected seaside town, provided you factor refurbishment costs and local area challenges into your purchase and management plan.
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