This prime new listing is an excellent houseboat situated in Clacton-on-Sea, offering a unique opportunity for shrewd investors to convert it into a residential property or restore it to its former commercial glory. The property, previously used as a bar and restaurant, has been converted into a residential property and features an open-plan kitchen and living room, three double bedrooms, storage space, and a large terrace. With mains water, electricity, sewer, and a car park, it's a rare find. The property has the potential to generate a high yield as an Airbnb, with estimates suggesting it could achieve £200 per night, resulting in a 30% yield. The location is prime, with Clacton-on-Sea offering a quieter life on the sea, and the town has a rich history and natural beauty, making it an attractive destination for tourists. With the option to buy the houseboat alone or with the secure mooring and commercial licence, this property presents a fantastic opportunity for someone to put their own stamp on it and make the most of this rare auction property.