5 Church Road, Walton on the Naze, Essex, CO14 8DF

Description

Description ** GUIDE - £220,000 ** **BE SURE TO WATCH THE VIDEO TO SEE EVERYTHING THIS PROPERTY HAS TO OFFER** TCPA are delighted to bring this 2-Bedroom former railway cottage to auction on Wednesday 16th September 2026. A charming former railway cottage with sea views and a courtyard-style garden, ideally situated in the heart of Walton-on-the-Naze, just a short stroll from the seafront and beach. Retaining a wealth of character, the property has been thoughtfully restored and offers two reception rooms with high ceilings, an attractive fireplace with inset wood burner, double-glazed sash windows and fitted shutters. The accommodation further comprises a unique fitted kitchen with range oven, two double bedrooms (sea view) and a shower room. The enclosed rear garden provides an excellent entertaining space, extending from the side to the rear and featuring a brick-built BBQ, patio seating area, wooden bar and versatile timber outbuilding, currently used as a gym. Conveniently located for Walton railway station, High Street, pier, seafront and local supermarkets, with rail services providing connections towards Frinton, Chelmsford and London. Offered for sale by auction. Church Road is positioned within a stones throw of Walton Railway Station with services to Frinton, Chelmsford and Central London. Walton High Street, Walton Pier and larger supermarkets are all within easy reach. Please be advised this property is part timber framed construction. There is unallocated parking at the front of the property, however, Residential Permit parking is available at the side of the cottage. Further details available upon request. MORTGAGE BUYERS WELCOME 56 DAY COMPLETION Tenure: Freehold Auction Date: 16th September 2026

Location

5 Church Road, Walton on the Naze, Essex, CO14 8DF

Investment Analysis

Investment Snapshot

Strategy Recommendation

Preferred strategy: Buy-to-Let / Resale. Confirm this against the legal pack, inspection, finance and local market evidence before bidding.

Works Required

• Obtain a condition / structural survey

• Electrical and heating checks

• Allow for decoration and repairs

HB initial works allowance: £66,000–£176,000. This is an investment-feasibility allowance, not a contractor quotation.

Rental & Market Context

No reliable current rent is stated in the supplied scrape. For initial appraisal only, HB estimates market rent at approximately £800–£975 pcm (£9,600–£11,700 pa). This is an HB estimate and should be verified against current local lettings.

GDV / Resale Analysis

HB indicative post-works / stabilised value range: £2,376,000–£2,684,000. This is an appraisal estimate only, not a RICS valuation. Verify against recent genuinely comparable sold evidence.

Properties Sold Within Approx. 5 Miles

Specific sold transactions are not contained in the supplied scrape, so no unverified addresses or sold prices have been inserted. Check recent Land Registry / local comparable evidence before setting a maximum bid.

Potential BRRR Position

Illustrative middle case: guide £2,200,000 plus midpoint works of £121,000 gives about £2,321,000 before acquisition/finance costs. At the midpoint HB value of £2,530,000, an illustrative 75% refinance is about £1,897,500, leaving approximately £423,500 of purchase/works capital before transaction costs.

Flip Analysis

Midpoint HB value £2,530,000 less guide and midpoint works gives an initial gross spread of about £209,000. This is not profit: SDLT, auction fees, legal fees, finance, holding costs, utilities, insurance, selling fees and contingency must also be deducted.

Investor Risks & Due Diligence

• Review the full legal pack, title and special conditions

• Confirm buyer's premium / auction administration charges and completion timetable

• Obtain a suitable condition or structural survey

• Verify refurbishment quotations and contingency

• Verify current rental evidence and recent comparable sales

• Confirm lender requirements, valuation and exit finance

Recommendation

Initial recommendation: Buy-to-Let / Resale. Proceed only if the legal pack, condition, funding and exit-value evidence support the proposed maximum bid.

Strategy Rating

Buy-to-Let: ★★★★☆ | BRRR: ★★★☆☆ | Flip/Resale: ★★★☆☆