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See how verdicts work1-bedroom flat · SS16 4TE
For saleReduced £10k (−9.1%) on 23 OctListed 41 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 this generously proportioned first floor studio apartment, conveniently situated within Basildon and offered for sale with the huge advantage of no onward chain.
The accommodation is surprisingly spacious for a studio and consists of an entrance hallway with useful built in storage, separate fitted kitchen, bathroom and an impressive open plan living and sleeping area.
The main living space benefits from large windows allowing plenty of natural light to flood the room, with direct access onto a private balcony providing valuable outside space.
Further benefits include gas central heating, full double glazing and a lengthy lease with approximately 117 years remaining.
Externally, the development provides plenty of parking for both residents and visitors, making this an especially practical option.
This property would make an ideal first time purchase or buy to let investment and, with no onward chain, an internal viewing comes highly recommended.
No Onward Chain First Floor Studio Apartment Generous Open Plan Living & Sleeping Area Private Balcony 117 Year Lease Separate Fitted Kitchen Gas Central Heating Full Double Glazing Plenty Of Resident & Visitor Parking Ideal First Time Buy Or Investment EPC Rating - D Measurements: Entrance Hallway Open Plan Living Area 16’7 × 15’8 Max Kitchen 9’0 × 6’8 Bathroom Balcony Council Tax Band Band A – £1,551 Per Year Lease Length Approximately 117 Years Remaining Service Charge Approximately £267 Per Quarter, Including Ground Rent & Buildings Insurance 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.
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Agent & docs
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FAQ
About 97 Ryedene Close, Basildon
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