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 work2-bedroom flat · SS16 6UE
For saleReduced £10k (−4%) on 23 SepListed 83 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
• Two-Bedroom Ground Floor Flat • Chain Free • Desirable Location • Modern Open Plan Lounge/Kitchen/Diner • Long Lease 159 Years Upon Completion • Two Allocated Parking Spaces • Communal Gardens • Close To All Local Amenities • Great Berry School Catchment Area • Excellent Transport Links Offered to the market chain free, this well presented two bedroom ground floor flat is situated in a highly desirable location, making it an excellent purchase for first-time buyers, investors or those looking to downsize.
The property has a bright and modern open plan lounge, kitchen and dining area, creating a fantastic living space perfect for both relaxing and entertaining.
There are two well proportioned bedrooms and a bathroom.
Further benefits include a long lease of approximately 159 years upon completion, two allocated parking spaces and access to well maintained communal gardens.
Ideally positioned close to a range of local amenities, the property also falls within the sought-after Great Berry School catchment area and offers excellent transport links, with easy access to the A127, A13 and nearby Laindon C2C railway station, providing direct services into London Fenchurch Street.
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 39, Lancaster Drive, Basildon
Explore nearby
