Studio flat · SS16 4TD
To rentListed 13 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Reed Residential are delighted to present this stylish studio apartment, ideally located in Vange, Essex Location: Chestnut Road, Vange, Basildon, Essex, SS16 4TD Rent: £975 pcm Minimum Household Income Required: £29,250 per annum.
Applicants will be subject to referencing and affordability check. All eligible sources of income will be considered.
Deposit: 5 weeks' rent (£1,125.00) Exclusive with Reed Residential This modern abode offers a comfortable and convenient living space, perfect for individuals or couples seeking a hassle-free lifestyle.
The apartment features a well-appointed open-plan living area, combining a cozy seating area with a fully equipped kitchenette, providing everything you need for everyday living.
One of the standout features of this property is its secure off-street parking space, ensuring hassle-free parking and peace of mind.
Additionally, the apartment's proximity to Pitsea main line station makes it an excellent choice for commuters, offering easy access to London and other major destinations.
The apartment is double-glazed throughout, guaranteeing excellent insulation and a quiet, comfortable living environment.
It also benefits from a modern bathroom, complete with a shower, providing a relaxing space to unwind after a long day. Property is part doubled glazed.
Vange is a vibrant and welcoming community, offering a range of amenities and attractions. The local area boasts a variety of shops, restaurants, and pubs, catering to all tastes and budgets.
For those who enjoy outdoor activities, the nearby Langdon Hills Country Park provides stunning scenery and ample opportunities for walking, cycling, and horse riding.
If you're looking for a stylish and convenient apartment in a desirable location, look no further than this fantastic property in Vange.
Contact Reed Residential today to arrange a viewing and discover all that this wonderful home has to offer. Available from end April. Notice All photographs are provided for guidance only.
Redress scheme provided by: The Property Ombudsman Client Money Protection provided by: Nfopp (oooo)
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 3, Chestnut Road, Basildon
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