# 1 bedroom flat for sale (CO15 3PW)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 2, 31 WELLESLEY ROAD, CLACTON-ON-SEA, ESSEX CO15 3PW |
| Price | £110,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Council tax | A |
| Last sold | £85,000 Apr 2025 |

## Description

Bonds of Essex are pleased to offer for sale this ONE BEDROOM, GROUND FLOOR PURPOSE BUILT FLAT situated just on the outskirts of the town centre. The property benefits from off road parking, communal garden, double glazing and electric heating. The property is offered with vacant possesion. Call now on for more information or to arrange an internal viewing. EPC - E. COUNCIL TAX BAND A

**Property additional info**

**Communal Entrance:**

Communal entrance door to: Communal hall entrance door to: 

**Hallway:**

Built in storage cupboard, airing cupboard, electric storage heater, doors to : 

**Living room:** 15' 2" x 11' 6" (4.62m x 3.51m)

Double glazed French doors providing access to garden and car parking area. Double glazed windows to side and rear aspect. Electric storage heater.  

**Kitchen :** 9' 6" x 9' 6" (2.90m x 2.90m)

Double glazed window to rear aspect. fitted kitchen comprising of floor and wall mounted units with matching doors and drawers. Wood effect rolled, edge work surface inset composite sink with mixer tap.,  Space for electric cooker, extractor over, space and plumbing for washing machines. Space for fridge, freezer, tiled splashbacks.  

**Bedroom:**

Double glazed window to side aspect, wall mounted electric panel heater.

**Bathroom:** 6' 4" x 6' 4" (1.93m x 1.93m)

White Three piece suite comprising of, panel bath with independent electric shower over, pedestal Wash hand Basin, low level W.C.  Part tiled walls, extractor unit .

**Outside:**

To the rear of the property is communal car parking space and good sized communal garden, which is predominantly laid to law with. Flower and shrubs and tree.

## Property Photos

- ![1 Bedroom Flat for Sale](/listings/photos/142530698/1353791) - 1 Bedroom Flat for Sale
- ![Gallery](/listings/photos/142530698/1353792) - Gallery
- ![Gallery](/listings/photos/142530698/1353793) - Gallery
- ![Gallery](/listings/photos/142530698/1353794) - Gallery
- ![Gallery](/listings/photos/142530698/1353795) - Gallery
- ![Gallery](/listings/photos/142530698/1353796) - Gallery
- ![Gallery](/listings/photos/142530698/1353797) - Gallery
- ![Gallery](/listings/photos/142530698/1353798) - Gallery
- ![Gallery](/listings/photos/142530698/1353799) - Gallery

## Floorplans

- ![Floor Plan](/listings/photos/142530698/1353800) - Floor Plan

## EPC Graphs

- ![EPC](/listings/photos/142530698/1353801) - EPC

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 31 FLAT 2 WELLESLEY ROAD, CLACTON-ON-SEA, TENDRING, ESSEX, CO15 3PW | £85,000 | 04/04/2025 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| [Same street] WAYPOND COURT FLAT 4 WELLESLEY ROAD, CLACTON-ON-SEA, TENDRING, ESSEX, CO15 3PW | £130,000 | 09/08/2023 | Flat |
| 13 FLAT 2 WELLESLEY ROAD, CLACTON-ON-SEA, TENDRING, ESSEX, CO15 3PP | £132,000 | 24/10/2022 | Flat |
| [Same street] WAYPOND COURT FLAT 8 WELLESLEY ROAD, CLACTON-ON-SEA, TENDRING, ESSEX, CO15 3PW | £142,500 | 16/09/2022 | Flat |
| DORSET HOUSE, 26 FLAT 4 WELLESLEY ROAD, CLACTON-ON-SEA, TENDRING, ESSEX, CO15 3PP | £110,000 | 25/08/2022 | Flat |
| [Same street] WAYPOND COURT FLAT 5 WELLESLEY ROAD, CLACTON-ON-SEA, TENDRING, ESSEX, CO15 3PW | £115,000 | 15/07/2022 | Flat |
| [Same street] WAYPOND COURT FLAT 4 WELLESLEY ROAD, CLACTON-ON-SEA, TENDRING, ESSEX, CO15 3PW | £112,000 | 22/06/2022 | Flat |
| DORSET HOUSE, 26 FLAT 5 WELLESLEY ROAD, CLACTON-ON-SEA, TENDRING, ESSEX, CO15 3PP | £135,000 | 06/04/2022 | Flat |
| [Same street] 27 WELLESLEY ROAD, CLACTON-ON-SEA, TENDRING, ESSEX, CO15 3PW | £238,000 | 25/02/2022 | Detached |
| 81A HAYES ROAD, CLACTON-ON-SEA, TENDRING, ESSEX, CO15 1TT | £85,000 | 14/10/2021 | Flat |
| [Same street] 31 FLAT 1 WELLESLEY ROAD, CLACTON-ON-SEA, TENDRING, ESSEX, CO15 3PW | £95,000 | 10/09/2021 | Flat |
| 63A HAYES ROAD, CLACTON-ON-SEA, TENDRING, ESSEX, CO15 1TU | £76,000 | 17/08/2021 | Flat |

**Street average:** £138,750 (6 sales)
**Area average:** £107,600 (5 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £130,767 (30 Flat, CO15, 2024–2026)
- **Deviation:** -15.9%

## Rental Range

*ONS Price Index of Private Rents (Tendring). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £946/mo
- **Realistic:** £1,051/mo
- **Optimistic:** £1,156/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Colchester (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £623/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 1 Bed Flat, High Street, CO15 | £1,150/mo | 1 | 0.23 miles | OpenRent |
| 1 Bed Flat, The Old Post Office, CO15 | £1,050/mo | 1 | 0.23 miles | OpenRent |
| Studio Flat, Beach Road, CO15 | £680/mo | 1 | 0.31 miles | OpenRent |
| 1 Bed Flat, Beach Road, CO15 | £820/mo | 1 | 0.31 miles | OpenRent |
| 1 Bed Flat, Kovalam, CO15 | £1,000/mo | 1 | 0.34 miles | OpenRent |
| Studio Flat, Oulton Hall, CO15 | £800/mo | 1 | 0.53 miles | OpenRent |
| Studio Flat, Mansion House, CO15 | £725/mo | 1 | 0.86 miles | OpenRent |
| Studio Flat, Mansion House, CO15 | £750/mo | 1 | 0.86 miles | OpenRent |
| Studio Flat, Mansion House, CO15 | £750/mo | 1 | 0.87 miles | OpenRent |
| 1 Bed Terraced House, Weymouth Close, CO15 | £950/mo | 1 | 0.93 miles | OpenRent |

**Average rent: £868/mo (10 listings)**

## 1% Rule

- **Rent ratio:** 0.74% (weak for cashflow)
- **Max investor price (0.8%):** £101,250
- **Target investor price (1%):** £81,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £810/mo).*

- **Gross yield:** 8.8%
- **Cost-to-rent:** 11.3×
- **Monthly cashflow:** £271/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 10.2%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -26.2%
- **10y growth:** 17.7%

## House Price Index (HM Land Registry)

*Official index for Tendring; Flats and maisonettes series; as of April 2026.*

- **1y growth (index):** -5.8%
- **5y growth (index):** -3.6%
- **10y growth (index):** 20.2%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)