2-bedroom flat · SS16 4TD
For saleListed 116 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Morgan Brookes believe - This charming 2 bedroom apartment is an ideal investment opportunity being sold with the long term current tenant in situ.
The property is located a short walk from Pitsea Train Station & Town Centre offering good size accommodation & 158 year remaining lease.
Our Sellers love - Being in a central location close to local amenities, Train Station within easy access of the A13 & A127.
Communal Entrance Communal door to: Communal Hallway Stairs to first floor.
Entrance Wooden front door to: Hallway (10' 11'' x 3' 9'' (3.32m x 1.14m)) Built in storage cupboard housing emersion heater, meters, vinyl flooring, doors to: Living Room (14' 4'' x 14' 0'' (4.37m x 4.26m)) Double glazed window to rear aspect, wall mounted electric heater, wood effect laminate flooring, door to: Kitchen (0' 0'' x 0' 0'' (0.00m x 0.00m)) Double glazed window to rear aspect, range of fitted base & wall mounted units, roll edge work surfaces incorporating sink & drainer unit, space & plumbing for appliances, tiled flooring.
Bedroom 1 (10' 5'' x 9' 0'' (3.17m x 2.74m)) Double glazed window to front aspect, wall mounted electric heater, carpet flooring.
Bedroom 2 (10' 4'' x 7' 0'' (3.15m x 2.13m)) Double glazed window to front aspect, wall mounted electric heater, carpet flooring.
Shower Room (7' 9'' x 5' 7'' (2.36m x 1.70m)) Obscure double glazed window to side aspect, double shower cubicle with electric shower, vanity hand basin incorporating concealed cistern WC, complimentary tiling to walls, vinyl flooring.
Exterior Communal gardens, residents & visitor parking.
Additional Information Length Of Lease Remaining : 158 years Charges £466 & £983 Including Buildings Insurance & Water Rates Monthly Income : £1,100 Agents Note Morgan Brookes also provide professional lettings and property management services for landlords across C South Essex and the surrounding areas.
If you are considering renting your property, purchasing a buy-to-let investment or would like a review of your current management arrangements, please contact our Lettings Team using the details shown above.
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 143, Chestnut Road, Basildon
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