2-bedroom flat · SS16 4TD
For saleReduced £10k (−5.1%) on 8 SepListed 249 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Temme English are delighted to offer with no onward chain this neat and well-presented two-bedroom ground floor apartment, ideally located within close proximity to Pitsea Town Centre and Pitsea Train Station.
The property also benefits from an extended lease with approximately 158 years remaining , offering excellent long-term security.
Internally, the accommodation comprises a welcoming entrance hall, a generously sized bathroom complete with shower over the bath, a spacious lounge/diner perfect for relaxing or entertaining, and a well-appointed kitchen.
Both bedrooms are well-proportioned, with the main bedroom benefitting from built-in storage. Externally, residents and visitors enjoy access to ample communal parking.
Situated within a well-established development, this property is perfectly positioned for convenient access to a wide range of local amenities, excellent transport links including the A13, and is within easy walking distance of Pitsea Train Station.
Early viewings are highly recommended to avoid disappointment.
No onward chain Welcoming Entrance Hallway Spacious Lounge Diner 13'8 x 12'1 Bathroom 7'8 x 5'6 Kitchen 8'9 x 7'6 Bedroom 1 - 10'5 x 9'0 Bedroom 2 - 10'5 x 7'0 Plenty Of Residents Parking Short Walking Distance To Pitsea Town Centre & Train Station Plus Wide Range Of Local Amenities Nearby Neutrally Decorated Throughout Lease- 158 years council tax- B (£1,746) ground rent- £49.96 service charge- £1,352.11 EPC Rating: 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
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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 35 Chestnut Road, Basildon
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