1-bedroom flat · SS16 4TZ
Sold STCReduced £10k (−6.7%) on 22 MayListed 637 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £140,000 - £150,000 • One Double Bedroom Top Floor Apartment • Great First Time Buyer Opportunity!
• Spacious Lounge Diner • Modern Kitchen & Bathroom • Residents Parking • Extended Lease 148 Years! • No Ground Rent!
• Loft Storage • Walking Distance To Pitsea Town Centre & Train Station • Great Transport Links To A127 & A13 • Council Tax Band A Abbotts are delighted to offer this well presented and generously proportioned one double bedroom top floor apartment.
Benefits include full modern double glazing, plenty of parking for residents, No ground rent & a 149 year lease!
Less than 0.5 miles to Pitsea C2C train station and town centre which has a huge array of local shops and amenities.
Great transport links to both the A127 & A13 are ever so near as is Wat Tyler Country Park. Viewings are highly advised!
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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 Waterville Drive, Vange, Basildon, Essex, SS16
Explore nearby
