Dawn Cottage, Alpha Road, St. Osyth, Clacton-On-Sea, Essex

Description

A well presented two bedroom detached chalet situated in the popular coastal village of St Osyth. This charming property provides comfortable and versatile living accommodation, a driveway and rear garden.

Accommodation

Ground Floor: Entrance Hall; Bathroom - 2.49m x 1.45m (8'2" x 4'9"); Kitchen/Dining Room - 4.57m x 2.49m (15'0" x 8'2"); Lounge - 5.00m x 3.35m (16'5" x 11'0"). First Floor: Landing; Bedroom Two - 3.35m x 2.74m (11'0" x 9'0"); W/C - 1.63m x 0.99m (5'4" x 3'3"); Bedroom One - 3.35m x 3.35m (11'0" x 11'0").

Location

Situated in the popular coastal village of St Osyth.

Tenure / Property Information

Investment Analysis

The five supplied same-road detached freehold sales range from £149,750 to £245,000. The most recent sales were £149,750 in January 2025 and £205,000 in September 2025. As the comparables' bedroom counts, condition and specification are not provided, a cautious evidence-based value range is £170,000–£205,000, with £180,000 used as the base scenario. The £170,000 guide is broadly supported but leaves limited headroom before unquantified costs.

Investment Snapshot

Strategy Recommendation

Consider as a cautious medium- to long-term let only if the existing rent, legal position and tenant documentation are satisfactory. Do not rely on a flip or refinance margin without confirming rent, condition, legal-pack disbursements and funding costs.

Works Required

No specific refurbishment works are evidenced; the property is described as well presented. Allow for inspection, routine maintenance and any compliance items identified through the legal pack or survey, but no quantified works allowance is supported.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £170,000 guide, adding the £1,200 buyer premium and £1,200 administration charge gives known base costs of £172,400, excluding disbursements, finance, tax and any works. A 75% refinance against the £180,000 base GDV would be £135,000, leaving indicative cash in of £37,400 before those excluded costs. This is not a confirmed refinance outcome.

Buy-to-Let Analysis

BTL suitability is potentially supported by the existing AST and the tenant's stated willingness to remain, but no rent evidence or auctioneer rent estimate is supplied. Rental income and gross yield therefore cannot be established. Confirm passing rent, tenancy compliance, deposit position and tenant status before bidding.

Flip Analysis

Using the £180,000 base GDV, the known-cost surplus before selling costs, finance, tax and other disbursements is £7,600. A formal flip surplus cannot be established because no selling allowance or full project-cost schedule is supplied. The limited apparent margin makes a flip sensitive to costs and valuation variance.

Maximum Bid Indicator

This is an HB screening estimate based on the supplied evidence and HB assumptions. It is not a formal valuation or instruction to bid.

Investor Risks & Due Diligence

• No sufficiently specific rental evidence is supplied, so rental yield cannot be calculated.

• The comparable sales do not include bedroom counts, condition or specification, limiting GDV precision.

• The property is currently let and the tenant has given notice; vacant possession and any continued tenancy arrangements require verification.

• Special-condition disbursements, search fees, legal fees, transfer fees and seller-cost reimbursements may be payable but are unquantified.

• Refinance depends on lender valuation, underwriting and finance costs, none of which are confirmed.

• The apparent base-case flip margin excludes selling costs, tax, finance and unknown property works.

Recommendation

Consider as a cautious medium- to long-term let only if the existing rent, legal position and tenant documentation are satisfactory. Do not rely on a flip or refinance margin without confirming rent, condition, legal-pack disbursements and funding costs.

Strategy Rating

Analysis Confidence

Same-road sold evidence and auction charges are supplied, but comparable specifications, rent, condition detail, legal-pack disbursements, selling costs and finance costs are unavailable.