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See how verdicts work1-bedroom flat · SS14 1FL
For saleReduced £5k (−2.9%) on 26 OctListed 68 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Aspire Estate Agents Basildon are delighted to present this stylish one-bedroom apartment situated on the second floor of Olive Court, Basildon.
Built in 2012 and meticulously maintained, this contemporary home offers bright, spacious living in an exceptionally convenient location, just moments from Basildon Town Centre and the C2C mainline station.
Upon entering, you are welcomed into a practical entrance hallway with a generous storage cupboard.
The heart of the apartment is the open-plan lounge/kitchen/diner, beautifully proportioned and flooded with natural light.
The space flows seamlessly onto a Juliette balcony, creating an airy and inviting atmosphere and providing a pleasant spot to enjoy some fresh air.
The property features a well-sized principal bedroom, complemented by a modern bathroom finished in a contemporary style.
The apartment offers an excellent balance of comfortable living space and modern convenience, making it an ideal choice for first-time buyers, professionals or investors.
Externally, the property benefits from allocated parking and a secure intercom entry system. The apartment is also offered with a long 139-year lease, providing peace of mind for years to come.
One of the property's key advantages is its superb location. Basildon Town Centre is just a short walk away, providing easy access to a wide range of shops, restaurants, cafés and everyday amenities.
Basildon C2C Station is also within easy walking distance, offering convenient rail connections towards London Fenchurch Street and Southend-on-Sea.
Being offered chain free, this second-floor apartment provides an excellent opportunity for buyers looking for a straightforward purchase with modern accommodation, allocated parking and an enviable location close to both Basildon Town Centre and the C2C station.
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
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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
FAQ
About **CHAIN FREE** Southernhay Close, Basildon
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