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See how verdicts work2-bedroom flat · SS13 1TB
No longer listedReduced £20k (−8.7%) on 21 JunListed 203 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Bear Estate Agents are thrilled to bring to the market this deceptively spacious two bedroom, two reception room first floor maisonette which profits from a west-facing balcony, allocated parking plus visitors parking.
Internally the new owner will be greeted by the welcoming entrance hall which allows access to all of the remaining accommodation.
Worthy of special mention are the reception areas which offer the perfect environment in which to both entertain and relax.
The living area measures 15'1 x 8' and opens onto and into the dining area, a further 10'9 x 7'10. This dining area opens onto the West Facing balcony, another fine feature within itself.
The smart kitchen suite measures a further 7'2 x 6'6. The kitchen offers a wealth of both worktop space and storage space.
Both bedrooms are sizeable, the master bedroom measures 10'11 x 8' with fitted wardrobes whilst bedroom two measures a further 7'9 x 7'7.
Completing the living accommodation is the bathroom suite which measures 7'7 x 4'8 and consists of the W/C, washbasin and bathtub with overhead shower.
Externally, there is sizeable west facing balcony, perfect for the warmer months. There is also an allocated parking space plus visitors parking.
Situated within walking distance of local shops and amenities the location is great for convenience.
Internal viewings come strongly recommended so all that this home has to offer can appreciated and acknowledged first hand. Leasehold 85 Years Remaining. Service Charge £1,400 pa. Ground Rent £30 pa.
Council Tax Band B. Amount £1,670.13.
Two Bedroom First Floor Maisonette Welcoming Entrance Hall Kitchen (2.18m x 1.98m (7'2 x 6'6)) Living Room (4.60m x 2.44m (15'1 x 8')) Dining Room (3.28m x 2.39m (10'9 x 7'10)) West Facing Balcony Master Bedroom (3.33m x 2.44m (10'11 x 8')) Bedroom Two (2.36m x 2.31m (7'9 x 7'7)) Bathroom Suite (2.31m x 1.42m (7'7 x 4'8)) Allocated Parking Visitors Parking Walking Distance To Local Shops & Amenities Popular & Family Friendly Location
Value & comps
No previous sales on record.
Returns
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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.
Area
Agent & docs
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FAQ
About 33, Calvert Drive, Basildon
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