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See how verdicts work2-bedroom flat · SS15 5AE
Sold STCListed 265 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** Guide Price £190,000 - £200,000 ** We are delighted to offer for sale this newly refurbished two double bedroom first floor flat situated a stones throw from Basildon town centre and mainline railway station (Fenchurch street C2C line).
The property benefits from being able to move straight in and enjoy the benefits of the recent renovations.
The property makes for an ideal first time purchase or a buy to let oppurtunity and is being offered with no onward chain. We would strongly advise an early internal viewing to avoid dissapointment.
Communal security entrance Entrance Hall Living Room 4.57m x 3.2m (15' 0" x 10' 6") Kitchen 2.8m x 2.3m (9' 2" x 7' 7") Bedroom One 3.66m x 3.2m (12' 0" x 10' 6") Bedroom Two Bathroom/wc Exterior Shed, communal garden/courtyard area Leasehold 88 Years remaining Service Charge £566.17 per Ann Ground Rent £10.10 per Ann
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 Wickhay, Basildon, Essex, SS15
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