4 Bed Terraced House, Single Let, Harwich, CO12 3EZ, £175,000

11 Eastgate Street, Harwich, Essex, CO12 3EZ - 2 views - a month ago

Auction
BTL
ROI: 4%
112 m²
+10 photos

ValuationUndervalued

Sold Prices£138K - £650K
Sold Prices/m²£1.2K/m² - £4K/m²

 

 

Square Metres

112 m²
Price/m²£1.6K/m²

Value Estimate

£211,750
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£43,750

Stamp Duty & Legal Fees

£9,950

Total Cash In

£53,700

 

 

Cash Out

 

Rent Range

£850 - £2,950

Rent Estimate

£912

Running Costs/mo

£749

Cashflow/mo

£163

Cashflow/yr

£1,953

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £138K to £650K, average is £277K. £1.2K/m² to £4K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£215K07/230.09 mi38, West Street, Harwich, Essex CO12 3DD4
£425K08/210.19 mi31, Kings Quay Street, Harwich, Essex CO12 3ES4
£138K05/210.32 mi16, Main Road, Harwich, Essex CO12 3LU4
£161K03/210.4 mi43, Albert Street, Harwich, Essex CO12 3HX4
£185K05/230.43 mi51, Albert Street, Harwich, Essex CO12 3HY4
£170K08/210.43 mi63, Albert Street, Harwich, Essex CO12 3HY4
£430K12/220.51 mi29, Barrack Lane, Harwich, Essex CO12 3NP4
£385K05/210.51 mi29, Barrack Lane, Harwich, Essex CO12 3NP4
£355K09/210.53 mi19, Beacon Hill Avenue, Harwich, Essex CO12 3NR4
£173K01/210.67 mi3, Victoria Street, Harwich, Essex CO12 3AR4
£256K10/210.87 miRiverview, 99, Heron Way, Harwich, Essex CO12 3FD4
£535K05/210.88 mi4, Cliff Road, Dovercourt, Harwich, Essex CO12 3PP4
£250K03/210.9 mi126, Heron Way, Harwich, Essex CO12 3FF4
£265K09/210.9 mi72, Heron Way, Harwich, Essex CO12 3FF4
£225K11/200.99 mi11, King Georges Avenue, Harwich, Essex CO12 4AG4
£358K12/221.06 mi35, Larksfield Crescent, Harwich, Essex CO12 4BL4
£263K11/201.06 mi61, Larksfield Crescent, Harwich, Essex CO12 4BL4
£472K03/211.1 mi9, Fronks Road, Harwich, Essex CO12 3RJ4
£366K01/211.12 mi20, Fronks Road, Harwich, Essex CO12 3RJ4
£280K12/221.14 mi28, Elmhurst Road, Harwich, Essex CO12 3SA4
£275K10/201.15 mi4, The Ridgeway, Harwich, Essex CO12 4AT4
£322K11/201.17 mi62, Fronks Road, Harwich, Essex CO12 3RW4
£192K03/211.17 mi64, Fronks Road, Harwich, Essex CO12 3RW4
£224K01/211.18 mi30, Birch Avenue, Harwich, Essex CO12 4DB4
£305K11/221.18 mi13, Baker Road, Shotley Gate, Ipswich, Suffolk IP9 1RT4
£280K05/211.18 mi1, Baker Road, Shotley Gate, Ipswich, Suffolk IP9 1RT4
£390K06/211.19 mi408, Main Road, Harwich, Essex CO12 4DN4
£255K02/211.21 mi8, Beach Road, Harwich, Essex CO12 3RP4
£370K06/231.21 mi90, Fronks Road, Harwich, Essex CO12 3RS4
£255K05/211.22 mi27, Blake Avenue, Shotley Gate, Ipswich, Suffolk IP9 1RL4
£315K08/211.22 mi49, Blake Avenue, Shotley Gate, Ipswich, Suffolk IP9 1RL4
£275K02/211.22 mi18, Kitchener Way, Shotley Gate, Ipswich, Suffolk IP9 1RW4
£388K12/221.22 mi5, St Georges Avenue, Harwich, Essex CO12 3RR4
£245K12/201.23 mi47, The Ridgeway, Harwich, Essex CO12 4AU4
£243K02/211.27 mi1, Ray Avenue, Harwich, Essex CO12 4BA4
£250K05/211.27 mi78, Ashley Road, Harwich, Essex CO12 4AP4
£300K11/201.32 mi3, Hervey Terrace, Shotley Gate, Ipswich, Suffolk IP9 1NU4
£245K11/201.35 mi464, Main Road, Harwich, Essex CO12 4ES4
£290K08/211.39 mi28, Seafield Road, Harwich, Essex CO12 4EH4
£332.5K07/211.42 mi71, Parkeston Road, Dovercourt, Harwich, Essex CO12 4HG4
£487.5K04/211.42 mi178, Fronks Road, Harwich, Essex CO12 4EF4
£279K02/211.42 mi162, Fronks Road, Harwich, Essex CO12 4EF4
£650K11/221.45 mi131, Fronks Road, Harwich, Essex CO12 4EF4
£195K01/211.51 mi52, Clarkes Road, Harwich, Essex CO12 4JX4
£570K02/231.56 mi8, Queens Road, Harwich, Essex CO12 3TH4
£250K03/211.58 mi45, Norway Crescent, Harwich, Essex CO12 4LD4
£265K12/201.58 mi35, Norway Crescent, Harwich, Essex CO12 4LD4
£320K02/211.58 mi240, Fronks Road, Harwich, Essex CO12 4JB4
£550K12/221.6 mi36, Gordon Way, Harwich, Essex CO12 3TW4
£222K01/211.61 mi24, Edward Street, Harwich, Essex CO12 4PX4

Local Rents

25 rents from £850/mo to £3K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£90012/240.11 mi-3
£1,30012/240.13 miAngel Gate, HARWICH5
£1,00012/240.32 miMain Road, HARWICH4
£2,20005/240.33 mi-3
£2,95001/250.33 mi-4
£2,20012/240.33 miMaria Street, Harwich, CO123
£2,30012/240.33 miMaria Street, Harwich, CO123
£85012/240.36 miVansittart Street, HARWICH3
£1,40012/240.38 mi-4
£1,30012/240.71 miStation Road, Dovercourt, HARWICH4
£1,20012/240.71 miNelson Road, HARWICH3
£1,20012/240.71 miNelson Road, HARWICH3
£1,35012/240.71 miNelson Road, Harwich, CO124
£1,35012/240.71 miNelson road4
£1,35003/250.74 mi-4
£99512/240.82 mi-3
£1,25012/240.84 mi-3
£1,15012/240.91 miHillcrest Court3
£1,20012/240.96 miPortland Avenue, HARWICH3
£1,10012/240.96 miMain Road, Harwich, Essex, CO123
£1,50005/241.02 miHawkes Drive, Shotley Gate, Ipswich3
£1,30012/241.1 miMain Road, Harwich, Essex, CO123
£1,40012/241.15 mi-3
£1,65005/241.18 miNelson Avenue, Shotley3
£1,10005/241.22 miShotley Gate, Ipswich3

Local Area Statistics

Population in CO12

22,251

Town centre distance

1.83 miles away

Nearest school

0.60 miles away

Nearest train station

0.25 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+27%

Sales demand

Buyer's market

Capital growth (5yrs)

+31%

Property History

Listed for £175,000

March 22, 2025

Floor Plans

Description

  • Freehold +
  • Strictly by appointment with the Auctioneers +

FOR SALE BY PUBLIC AUCTION ON THURSDAY, 10TH APRIL 2025 AT 12.00PM. LIVE STREAMED VIA DEDMAN GRAY WEBSITE. BIDDING AVAILABLE BY TELEPHONE, PROXY AND ONLINE

RESIDENTIAL INVESTMENT: A VACANT GRADE II LISTED FREEHOLD HOUSE CONSIDERED TO BE IDEAL AS A BUY TO LET INVESTMENT OR OWNER OCCUPATION
A vacant freehold three/four bedroom Grade II listed terraced house in the heart of old Harwich close to the Docks. The property is presented to a high standard with original features and it is considered that it would be a popular home for both owner occupation and renters. It is also considered that it may suit short stay accommodation due to a low maintenance garden and its character, as well as its historic location and close proximity to Harwich Docks.
Entrance Hall
Sitting Room/Dining Room 12'4 x 9'8
Kitchen 10'1 x 8'2
First Floor Landing
Bedroom/Lounge- with Fireplace-15'7 x 10'4
Bedroom 12'1 x 10'4
Bathroom 9'8 x 7'3
Second Floor Landing
Bedroom 14'1 x 8'5
Bedroom 10'8 x 8'2 < 11'4

The property benefits from a courtyard garden with rear access and basement offering ample storage.
Buyers should be aware that the property does have flying freehold areas and this should be considered when sourcing borrowing against the property.
D

Agent Details

Dedman Gray Auctions, Essex

01702 311010

Next Steps?

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