2 bed bungalow for sale

Colne Way, Point Clear Bay, Clacton-On-Sea, Essex CO16

This property is affected by structural issues caused by subsidence and is therefore suited to buyers seeking a full renovation or re-development opportunity. Set on a generous plot, the home offers strong potential for those looking to create something bespoke, whether through substantial refurbishment or a complete reimagining of the existing layout, subject to any necessary consents.

Inside, the accommodation includes a central living area, two bedrooms - one with an ensuite - along with a separate kitchen and bathroom. The property is in poor condition throughout, but the sizeable grounds offer scope for landscaping or future improvements once structural works have been addressed.

The surrounding area provides convenient access to local shops, schools, medical facilities and leisure amenities. Clacton’s coastline is only a short distance away, offering beaches, promenades and a range of seaside attractions, while nearby parks, cafés and community facilities add to the appeal. Transport links also provide straightforward connections to neighbouring towns.

This represents a rare opportunity to secure a substantial plot in an established residential setting, ideal for those ready to take on a project with significant potential.

Auctioneer Comments
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team. The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty. Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.