We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · SS15 5EW
For saleListed 68 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**guide price £140,000-£150,000** We are thrilled to offer for sale this well-maintained one bedroom first floor flat conveniently located just a short distance from Basildon Town Centre and mainline train station (direct c2c links to central London).
This well proportioned property benefits from having a generous size double bedroom, ample storage, fitted modern kitchen and makes for the ideal first time purchase or investment opportunity.
Further benefits include a lenghty lease of 114 years and communal garden area with external storage shed. Early internal viewings are advised.
Entrance Hall Bathroom (2.03m x 2m (6' 8" x 6' 7")) Kitchen (2.6m x 2.51m (8' 6" x 8' 3")) Living Room Bedroom (3.4m x 3.25m (11' 2" x 10' 8"))
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
.png){kind=logo}
FAQ
About 21, Mynchens, Basildon
Explore nearby
