>
1 bedroom bungalow for sale
49 Tower Estate, Point Clear Bay, Point Clear Bay, Clacton-on-Sea, Essex, CO16 8NG
£40,000
49 Tower Estate, Point Clear Bay, Point Clear Bay, Clacton-on-Sea, Essex, CO16 8NG
£40,000
Our Summary
- FOR SALE BY PUBLIC AUCTION ON THURSDAY, 12TH JUNE 2025 AT 12
Description
This vacant freehold bungalow is being sold by public auction on June 12th, 2025, and is considered an excellent buy-to-let investment opportunity. The property, located in Point Clear Bay, has recently undergone modernization and features a living room, kitchen, bedroom, inner hallway, storage cupboard, and shower room/WC. With a guide price, it's believed that the property could be re-let as a single AST let or as an Air B&B due to its proximity to the seafront and neighboring holiday park and leisure facilities. The property has previously been let for £8400 per annum, representing a yield of 14% of the guide price, making it an attractive investment opportunity for potential buyers.