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Sixteen-Bedroom Period Property Hmo With Parking

Clacton-on-Sea, CO15 - Get Access

16 bed

Description

Occupying a central location in Clacton-on-Sea, just a short walk from Clacton Pier and Marine Parade, this property is ideally situated in a busy coastal town and seaside resort on the east side of the Essex coastline, known for its sandy beaches and Victorian pier. As the largest town on the Essex coast, Clacton-on-Sea offers a wide mix of attractions including seafront gardens, a golf course, and a variety of shops and eateries. The location is positioned 77 miles from central London, with mainline rail services from Clacton-on-Sea station reaching London Liverpool Street in approximately 1 hour and 45 minutes, and the station is just a 5-minute walk from the property. The town centre is reachable within a 10-minute walk. This large and imposing mid-terrace period property consists of a 16-bedroom House in Multiple Occupation (HMO), previously generating an income of £276,000 per annum under a license to occupy contract with Tendring District Council. The licensed HMO benefits from established lawful Sui Generis hostel use and includes parking facilities for seven vehicles.
Comparable sales
Flat 7, Cherry Trees, Rosemary Crescent, CO15 1UH 0.0 mi
Flat • Mid-Terrace 4 rooms EPC C (2024)
904 sq ft
£111,000
1 year ago
Flat 9, Grosvenor Court, 1, Rosemary Road, CO15 1NY 0.0 mi
Flat • Mid-Terrace 3 rooms EPC C (2025)
689 sq ft
£108,000
7 months ago
Flat 2, Duncan Court, 5 - 7, Beach Road, CO15 1UG 0.0 mi
Flat • Mid-Terrace 2 rooms EPC D (2020)
291 sq ft
£63,000
4 months ago
Estimated market value
£
Range: £ — £
Medium confidence Floor Area: 2,975 sq ft (Floor plan)

Valuing a large multi-story terraced property with commercial HMO use requires careful consideration of both residential scale and income-generating potential. Located centrally in Clacton-on-Sea near the seafront, the building spans a generous 2,975 sq ft and includes off-road parking for seven vehicles. The overall condition is fair at 6/10, with external elements requiring minor cosmetic refresh.

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