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Olivers Street

Clacton on Sea, Essex

£180,000

  • Two bedroom semi-detached
  • Current net yield: 6.5%
  • Being sold with tenants in situ
  • Current rental income of £975pcm
  • Tenure: Freehold

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15 Olivers Road, Clacton on Sea, Essex 

Attractive Tenanted  Investment | £180,000 | Freehold | 6.5% Net Yield
Property Overview

This well‑located 2‑bedroom semi‑detached home presents an excellent turnkey buy‑to‑let investment, sold with long‑term tenants in situ. The current tenant has been in occupation for several years, offering stability and immediate rental income from day one.

The property sits within Olivers Road, an area characterised by consistent sales activity and strong demand for semi‑detached homes. Recent data shows semi‑detached properties are the most commonly sold in the postcode, making up approximately 69–71% of transactions.

Key Features
  • Two-bedroom semi‑detached property
  • Freehold tenure
  • Tenant in situ (several years)
  • Current rental income: £975 pcm
  • Estimated market rent: £1,100 pcm
  • Recent sales and rental comparable properties within a ¼ mile radius – CLICK HERE
  • Located in a stable, residential area with consistent buyer and tenant demand
  • Proximity to Clacton amenities, local transport, and services (per area summary for CO15 3QH).
Investment Highlights
Rental Yield Analysis
Scenario Monthly Rent Annual Rent Yield (based on £180,000)
Current Income £975 £11,700 6.50%
Potential Income £1,100 £13,200 7.33%

These yields are notably strong for the Clacton‑on‑Sea area, where average sold prices in CO15 3QH sit around £187,500 over recent years.

Comparable Market Context

Recent Sold Prices in Olivers Road (Semi‑Detached Examples)

  • 20 Olivers Road – Sold for £188,000 in 2025 (semi‑detached).
  • 4 Olivers Road – Sold for £200,000 in 2022 (semi‑detached).
  • 5 Olivers Road – Sold for £280,000 in 2022 (semi‑detached).

These comparables highlight strong historical demand and rising values in the immediate street.

Local Market Indicators
  • The estimated average property value in CO15 3QH is around £210,704, showing long-term growth and affordability relative to nearby areas.
  • The highest sale recorded in the postcode reached £280,000, demonstrating strong upside potential.
  • Property prices have shown a 27.8% increase over the past five years.

This supports the investment credibility of Olivers Road as a location where values have seen sustained growth.

Summary

15 Olivers Road represents an exceptional opportunity for investors seeking:

  • Immediate, stable income with a reliable long‑term tenant
  • Attractive current and future yield potential (6.5%-7.3%)
  • A freehold asset in an area with proven capital growth
  • Future rental uplift supported by comparable local 2‑bed rental values

This investment combines low risk, strong returns, and long-term growth potential in one of Clacton’s consistently performing residential pockets.

Return on Capital Employed (ROCE) Calculator

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Property Price


Mortgaged

Cash Purchase

Deposit

£0.00

25%

£180,000.00

Sourcing Fees

£3,000.00

£3,000.00

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£975.00

£975.00

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3.5%

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5%

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