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See how verdicts work1-bedroom flat · SS15 4DF
Sold STCListed 271 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
• GUIDE PRICE £190,000 - £200,000 • ONE BEDROOM • GROUND FLOOR APARTMENT • MAINTAINED TO A HIGH STANDARD THROUGHOUT • 12' LOUNGE/DINER • SEPARATE FITTED KITCHEN • CLOSE TO LOCAL AMENITIES • COMMUNAL GARDENS • PARKING SPACE FOR ONE VEHICLE • SITUATED 1.7 MILES TO LAINDON C2C STATION, PROVIDING EASY ACCESS INTO LONDON FENCHURCH STREET • COUNCIL TAX BAND: B Lease Remaining: 88 years approx.
Service Charges: £760 bi-annually. Ground Rent: £110 per annum.
Entrance via Communal entrance door to: Communal Hall Access to all floors, own entrance door to: Entrance Hall Built-in storage cupboard housing water tank, electric heater, tiled flooring, smooth ceiling with cornice coving, doors to accommodation.
Bathroom/wc 6'7 x 6'2. Obscure double glazed window to front. Suite comprising: panelled bath with shower attachment, pedestal wash hand basin, low level wc with push flush.
Heated towel rail, tiled flooring, complementary tiling, smooth ceiling. Bedroom 12'4 x 10'7. Double glazed windows to front and side, electric heater, smooth ceiling with cornice coving.
Lounge/Diner 12'4 x 10'9.
Double glazed windows to side and rear, double glazed French doors to rear leading to communal gardens, electric heater, laminate flooring, smooth ceiling with cornice coving.
Kitchen 10'1 x 7'6.
Double glazed window to rear, range of base level units and drawers with work surfaces over, inset stainless steel sink drainer unit with mixer tap, integrated Logic oven and hob, space for fridge/freezer and washing machine, range of matching eye level cupboards, tiled flooring, complementary tiled splash backs, smooth ceiling with cornice coving.
Exterior Parking space for one vehicle, No.34.
Agents Note The agent suggests that any interested parties should make contact with the estate agent prior to booking a viewing as the seller has been unable to provide any material information.
Buyers Information Pack Please see below the link to access the Buyers Information Pack/TA forms: 0e0c 50
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 Spruce Close, Laindon, Basildon, Essex, SS15
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