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See how verdicts work3-bedroom terraced house · SS16 5TN
For saleReduced £25k (−6.7%) on 26 OctListed 29 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GUIDE PRICE £375,000 - £400,000 Situated in the popular Lee Chapel South area of Basildon, this spacious three-bedroom terraced home offers a practical and well-balanced layout, making it an excellent choice for families, first-time buyers and commuters.
The ground floor begins with a welcoming entrance hall leading into the main living accommodation. The living room measures 20'8" x 10'3", providing an excellent space for relaxing and entertaining.
The kitchen is particularly generous, measuring approximately 20'0" x 7'1", and leads through towards the separate dining room.
Measuring 14'8" x 7'5", the dining room offers ample space for a family dining table and features doors opening to the rear, creating a natural connection between the home and garden.
A useful ground-floor WC completes the ground-floor accommodation. Upstairs, the first-floor landing provides access to three bedrooms and the family bathroom.
Bedroom one measures 12'3" x 8'10", while bedroom two measures 10'5" x 9'10" and benefits from built-in storage.
Bedroom three measures 9'10" x 6'0" and would work well as a child's bedroom, nursery or home office.
Location Gernons is conveniently positioned within Lee Chapel South, offering easy access to a range of local shops, amenities and schools.
Lee Chapel Primary School and Woodlands School are both nearby, making the location particularly convenient for families.
Basildon town centre is also within easy reach, providing a wide selection of shops, restaurants, cafés and leisure facilities, including the Eastgate Shopping Centre.
For commuters, Basildon railway station provides regular c2c services towards London Fenchurch Street, Southend and Shoeburyness.
The area also offers good road connections to the A127 and A13, providing onward links towards London and the M25 Room Measurements Ground Floor Entrance Hall – 11'4" x 5'5" Living Room – 20'8" x 10'3" Kitchen – 20'0" x 7'1" Dining Room – 14'8" x 7'5" Ground-Floor WC First Floor Landing – 9'8" x 3'8" Bedroom One – 12'3" x 8'10" Bedroom Two – 10'5" x 9'10" Bedroom Three – 9'10" x 6'0" Family Bathroom
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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.
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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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About Gernons, Basildon
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