2-bedroom flat · SS16 5GN
Let agreedReduced £50 (−3.3%) on 25 JunListed 168 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
• available July • stunning two bedroom apartment in cherrydown east • situated on the 5th floor • two double bedrooms • en-suite to the principle bedroom • family bathroom • large open plan living area with windows along both walls • allocated parking space included • under 2 minute walk to basildon town centre, basildon C2C train station and bus garage.
Reception Room (20' 11" x 11' 11") Open plan living with light wooden floor, electric heating and double glazed windows.
Kitchen Kitchen is open plan to the living room complete with electric Hob/Oven, Fridge/Freezer as well as sink and drain board.
Bedroom 1 (15' 3" x 7' 4") Master bedroom features a double mirrored sliding wardrobe, light grey carpet flooring, electric heating and double glazed windows.
Bedroom 2 (12' 4" x 9' 2") Double bedroom with grey carpeted flooring, white walls and electric heating with double glazing.
Parking Allocated parking with the property in secure underground parking protected by large iron gates. Access via fob.
Family Bathroom (7' 0" x 5' 5") Family bathroom features a 3 piece suite made up of a bath with shower attachment, sink basin and toilet.
En Suite En Suite features a 3 piece suite made up of a large shower, sink basin and toilet.
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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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 353, Cherrydown East, Basildon
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