1-bedroom flat · SS15 5DJ
For saleReduced £10k (−5.9%) on 1 OctListed 45 days
Opportunity summary
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About
Falstones, Basildon | One Bedroom First Floor Flat | 114 Year Lease Good looks, clever storage and a kitchen that deserves more than a microwave meal.
This beautifully presented one bedroom first floor flat in Falstones has been thoughtfully styled to create a home that feels every bit as good as it looks.
Step inside and you’re welcomed by an inviting entrance hallway with an abundance of storage cupboards - because however minimalist the aesthetic, we all need somewhere to hide the vacuum cleaner.
The real showstopper is the bright and airy open plan lounge, kitchen and dining space.
Generously proportioned and made for modern living, it features stylish acoustic wood panelling which brings warmth, texture and just the right amount of interior-design credentials.
Then there’s the kitchen.
Sleek, contemporary and finished with a breakfast bar that’s equally suited to morning coffee, dinner for two or opening the laptop and pretending you’re not working from the kitchen.
The good size bedroom provides a calm and comfortable retreat, while the beautiful bathroom, appointed in 2023, is fresh, stylish and reassuringly up to date.
There’s also a useful additional room which works brilliantly as a dedicated laundry room or extra storage space - not necessarily the glamorous bit, but quite possibly the room you’ll wonder how you ever lived without.
Parking facilities can be found to the front, while a long lease with approximately 114 years remaining adds another very welcome tick to the list.
Stylish without trying too hard, practical in all the right places and ready for its next owner.
The highlights: One bedroom, first floor, fabulous open plan living, stunning kitchen with breakfast bar, acoustic wood panelling, 2023 bathroom, excellent storage, separate laundry/storage room, parking and approximately 114 years remaining on the lease.
Falstones is calling. We’d suggest answering.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 152, Falstones, Basildon
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