1-bedroom flat · SS13 1AZ
For saleListed 58 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold 50% Shared Ownership!
- Temme English are delighted to offer this rare-to-market 50% shared ownership, one double bedroom, second-floor apartment, complete with a private south-facing balcony and the added convenience of no onward chain.
This stylish property has been exceptionally well maintained and is beautifully presented throughout.
The internal accommodation comprises a welcoming entrance hallway with storage, a sleek modern shower room, a spacious double bedroom, a bright lounge/diner, and a neat, well-appointed kitchen.
This fine starter home further benefits from full double glazing, an updated hot water cylinder, upgraded flooring, a large loft space, and a fantastic decorative condition throughout.
Externally, the south-facing balcony provides pleasant views across the local area. The property also offers allocated parking, with plenty of additional visitor parking available nearby.
Ideally located within walking distance of local shops and parkland, and offering excellent transport links to the A127 and A13. Viewings are highly advised!
50% Shared Ownership – Rare to Market One Double Bedroom, Second-Floor Apartment Private South-Facing Balcony No Onward Chain Beautifully Presented Throughout Bright Lounge/Diner Modern Kitchen & Sleek Shower Room Allocated Parking plus Visitor Parking Large Loft Space & Upgraded Flooring Walking Distance to Shops, Parkland & Excellent A127/A13 Links Measurements & Info: Entrance Hallway Shower Room 6’7 × 5’7 Lounge Diner 16’4 × 13’2 Max Kitchen 7’1 × 6’6 Bedroom 14’7 × 8’1 Lease Length - 84 years 50% Rent Approx £180 Per Month Service Charge Approx £75 Per Month Ground Rent £35 Per Year Council Tax Band - A (£1,496) Per Year EPC- D
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 advisors 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
FAQ
About 40 Fairfax Avenue, Basildon
Explore nearby