2-bedroom flat · SS16 4TY
To rentListed 18 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available start of November!
This two bedroom, ground floor flat benefits from a spacious living / dining area creating, large kitchen and 3 piece suoite family bathroom with shower over the tub, ample residents parking and double glazing.
Close to Pitsea town centre, supermarkets and train station.
Entrance Hallway Carpet flooring, painted walls and ceiling Living / Diner Carpet flooring, painted walls and ceiling, double glazing Bedroom 1 Carpet flooring, painted walls and ceiling, double glazing Bedroom 2 Carpet flooring, painted walls and ceiling, double glazing Kitchen Vinyl flooring, double glazing, floor and wall mounted units Bathroom 3 piece suite family bathroom, shower over tub, basin and toilet, double glazing, painted walls and tiled walls around bath/shower, heated towel rail
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 148, Waterville Drive,, Basildon
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