Looking for your next big property investment? We've chosen this as our Property of the Week as it's perfect for a portfolio starter. Currently tenanted at £495PCM, giving a rental yield of 9%. With an asking price of just £65,000 and the potential to add value with a complete refurb, we strongly recommend viewing this one-bedroomed flat.

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Marine Parade East, Clacton-On-Sea, Essex, CO15, £65,000.

Further details:

Located along Marine Parade, this one-bedroomed ground floor flat has the potential to offer a rental income of around £6,000 per annum. In need of complete modernisation, the property is priced to sell quickly.

Lounge & Diner: 14' 4" x 14' max (4.37m x 4.27m max). Window to front. Open plan to kitchen area.

Kitchen Area: 7' x 9' (2.13m x 2.74m). Fitted kitchen equipped with work surfaces, sink and drainer.

Bedroom One: 10' 4" x 8' (3.15m x 2.44m). Built in hanging space and door leading to Shower Room with shower cubicle, hand basin, extractor fan and WC.