>
2 bedroom detached bungalow for sale
Colne Way, Point Clear Bay, Essex
£85,000
Colne Way, Point Clear Bay, Essex
£85,000
Price History
Initial price | £110,000 |
02/05/24 | £100,000 |
29/11/24 | £90,000 |
20/02/25 | £85,000 |
Price Change | -22.73% |
Description
This two-bedroom detached bungalow in Point Clear Bay is being sold with a sitting tenant paying £623 per month, generating a 7.48% yield on the asking price. The property is located approximately six miles from Clacton-on-Sea's town centre, seafront, and mainline railway station. The accommodation features a lounge with double-glazed window to the front, a kitchen with fitted suite and space for appliances, two bedrooms with radiators, and a shower room with three-piece suite. The property also benefits from a patio paved area to the front and a patio and lawn to the rear, with side pedestrian access to both. The vendor believes the property is under "Holiday Home Status", with the current tenant residing there all year round. An internal inspection is highly recommended to appreciate the accommodation on offer.