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See how verdicts work2-bedroom flat · SS16 5QW
Sold STCListed 440 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**GUIDE PRICE £215,000-£220,000** We are thrilled to offer for sale with NO ONWARD CHAIN this spacious and newly decorated two bedroom maisonette situated within the increasingly sought after area of Lee Chapel South.
The property benefits from having two double bedrooms, double glazing, 14'8 x 13'10 living room and a plethora of storage space.
The property makes for the ideal first time purchase or buy to let opportunity and is located within walking distance of Basildon University Hospital, town centre, mainline train station and Lee Chapel Primary School.
Early internal viewings advised.
Entrance Door Stairs to First Floor Living Room 4.47m x 4.22m (14' 8" x 13' 10") Kitchen 2.95m x 2.64m (9' 8" x 8' 8") Bedroom One 3.7m x 3.68m (12' 2" x 12' 1") Bedroom Two 3.9m x 2.67m (12' 10" x 8' 9") Bathroom 2.06m x 1.68m (6' 9" x 5' 6") External Storage Cupboard
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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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 Cross Green, Lee Chapel South, Basildon, Essex, SS16
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