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See how verdicts work3-bedroom semi-detached house · SS14 2NX
For saleListed 314 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spenders Close, Basildon, Essex, Ss14 2Nx This end of terrace house is located in a residential area of Basildon, ideal for investors seeking a property with tenants already in place.
With three double bedrooms, including an en suite to the master bedroom, it provides comfortable accommodation that appeals to renters.
The property also benefits from off-street parking for two cars, enhancing its practicality.
The house is situated in a community-oriented part of Basildon, with local amenities and transport links nearby.
The area offers a range of schools and leisure facilities, making it a desirable location for tenants looking for convenience and accessibility.
Its freehold status provides long-term security and flexibility for the new owner.
With a build area of 100.7m2, this property presents fantastic potential for an investor looking to expand their portfolio.
The current tenants in situ provide immediate rental income, reducing the time and effort needed to find occupants. Act now to secure this investment opportunity in a sought-after location.
Porch 3'11" x 6'5" (1.21m x 1.98m) Entrance Hall 8'0" x 8'0" (2.44m x 2.46m) Lounge 19'10" x 9'10" (6.07m x 3.00m) Kitchen 10'11" x 8'0" (3.33m x 2.44m) Conservatory 8'2" x 16'4" (2.50m x 5.00m) Landing 1 7'3" x 13'10" (2.22m x 4.24m) Landing 2 Bedroom 1 10'9" x 10'4" (3.30m x 3.16m) Bedroom 2 10'8" x 8'11" (3.27m x 2.74m) Bedroom 3 12'1" x 9'11" (3.69m x 3.04m) Bathroom 7'6" x 5'4" (2.31m x 1.65m) Ensuite 7'1" x 5'5" (2.18m x 1.66m) Garden Parking Disclaimer Gibson and Brennan are the seller's agent for this property.
Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
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A non-refundable fee of £50 + VAT per buyer in the transaction will apply. This fee must be paid before proceeding with the purchase.
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 advisers 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
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FAQ
About 2, Spenders Close, Basildon
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