1-bedroom flat · SS14 3SU
For saleListed 92 days
Opportunity summary
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About
Bear Estate Agents are thrilled to bring to the market, with no onward chain, this well-presented one bedroom third floor (top floor) apartment, constructed in 2012 and benefitting from an extremely long lease, situated within the ever-popular Beechwood Village Estate.
Centrally located within Basildon, Gainsborough Close enjoys convenient access to a range of local shops, well-regarded schools and popular bus routes.
Pitsea Railway Station is approximately 1.5 miles away, whilst Basildon Railway Station is around 1.7 miles away, both providing direct links into London Fenchurch Street via the C2C rail service.
For those travelling by car, the A13 and A127 are both within easy reach, offering excellent road connections into London and beyond.
The building itself is well maintained and benefits from lift access to all floors, providing convenient and easy access to the apartment.
Internally, the home begins with a welcoming entrance hall providing access to all rooms.
The open-plan kitchen/lounge/diner measures 10’9 x 10’11 at its maximum dimensions and provides a bright and versatile living space.
The kitchen offers ample cupboard and worktop space, creating a practical cooking environment with room for everyday food preparation.
The lounge comfortably accommodates a range of furniture, making it an ideal place to relax and unwind, whilst the dining area provides space for a table, perfect for everyday meals or entertaining guests.
The bedroom measures 10’8 x 10’3 and is a well-proportioned double bedroom benefitting from a fitted wardrobe, providing excellent built-in storage whilst maintaining comfortable floor space for additional bedroom furniture.
The accommodation is completed by a three-piece bathroom suite, comprising a shower-over-bath, toilet and wash hand basin.
Externally, the property benefits from one allocated parking space within the residents' car park, whilst additional on-street parking is also available nearby.
Overall, this attractive apartment combines modern living, excellent transport links and the added benefits of a long lease and no onward chain, making it an ideal purchase for first-time buyers, commuters and investors alike.
Leasehold: 988 Years Remaining Ground Rent: £100 Per Annum Service Charge: £182 Per Calander Month Council Tax Band: B (£1670.13) aml Checks - All buyers interested in purchasing a property through us are required to complete an Anti-Money Laundering (aml) check.
A non-refundable fee of £50 + VAT per buyer in the transaction will apply. This fee must be paid before proceeding with the purchase.
One Bedroom Third Floor Apartment No Onward Chain Built In 2012 Extremely Long Lease Located On The Beechwood Village Estate Lift Access To All Floors Close To Shops Schools And Bus Routes 1.5 Miles To Pitsea Railway Station 1.7 Miles To Basildon Railway Station Direct Links To London Fenchurch Street Easy Access To The A13 And A127 Open Plan Kitchen/Lounge/Diner (10’9 X 10’11 Max) Double Bedroom (10’8 X 10’3) Fitted Wardrobe To Bedroom Three-Piece Bathroom Suite One Allocated Parking Space Additional On Street Parking Available
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
FAQ
About 15, Gainsborough Close, Basildon
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