1-bedroom flat · SS16 5GN
Sold STCListed 224 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well presented one bedroom flat is situated in Cherrydown East, Basildon, offering an excellent opportunity for first time buyers or as an investment property.
The location is highly sought after, providing convenient access to local amenities and excellent transport links, making it a practical choice for many.
The property comprises a well appointed kitchen, a good size lounge and dining area, a comfortable bedroom, and a bathroom. The layout is functional, providing distinct areas for daily living.
The kitchen is designed for practical use, offering sufficient space for meal preparation.
The lounge and dining area provides a versatile space for relaxation and dining, accommodating various furniture arrangements.
The bedroom offers a private space, while the bathroom is equipped with standard fittings. Cherrydown East is a residential area known for its accessibility and community feel.
Residents benefit from proximity to Basildon town centre, which offers a range of shopping, dining, and leisure facilities.
The area is well served by public transport, including Basildon railway station, providing direct links to London Fenchurch Street, which is beneficial for commuters.
Major road networks, such as the A127 and A13, are also easily accessible, connecting to wider Essex and beyond.
This flat represents a solid acquisition for those looking to enter the property market or expand their investment portfolio.
Its combination of a desirable location, practical layout, and good condition makes it an appealing option.
The property is ready for immediate occupation, reducing the need for extensive renovation work prior to moving in or letting out.
Room Measurements: Entrance Hall: 3.20m x 1.19m Kitchen: 2.08m x 2.73m Lounge/Diner: 5.16m x 3.70m Bedroom: 5.00m x 3.06m Bathroom: 2.25m x 1.77m 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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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
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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.
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
FAQ
About Cherrydown East, Basildon, Essex, SS16
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