2-bedroom flat · SS16 5GG
For saleListed 37 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***guide price £210,000 - £215,000*** A well-presented two-bedroom second-floor flat situated in a convenient location in Basildon, just moments from Basildon railway station and town centre.
The property is offered in good condition throughout and benefits from a 125-year lease, allocated parking and no onward chain, making it an excellent opportunity for first-time buyers, commuters, downsizers or investors.
The accommodation comprises a welcoming entrance hall, a spacious reception/living room, a fitted kitchen, two well-proportioned bedrooms and a family bathroom.
The location is a particular highlight, with Basildon station within easy walking distance, providing convenient rail connections for commuters.
Basildon town centre is also close by, offering a wide range of shops, restaurants, cafés and everyday amenities.
The property further benefits from allocated parking, providing valuable convenience in such a central location.
Entrance Hall Lounge/Kitchen (5.87m x 4.1m (19' 3" x 13' 5")) Bedroom One (5.6m x 3m (18' 4" x 9' 10")) Bedroom 2 (3.58m x 2.8m (11' 9" x 9' 2")) Bathroom (2.36m x 1.85m (7' 9" x 6' 1"))
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 11 Cavendish Court,, Bessemer Close, Essex
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