2-bedroom flat · SS13 3FB
Sold STCListed 178 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Aspire Estate Agents Basildon are pleased to present this well-presented seventh-floor, two-bedroom apartment, offering 112 years remaining on the lease and available to purchase via 25% shared ownership or full ownership—making it an ideal opportunity for first-time buyers, commuters, and investors alike.
The 25% share is available at £57,500, with a monthly rent of £383.29 payable on the remaining share, alongside a combined service charge and ground rent of £237.90 per month.
Internally, the apartment boasts a bright and spacious open-plan kitchen and living area, enhanced by French doors opening onto a Juliet balcony, allowing for an abundance of natural light.
The modern kitchen is well-equipped with integrated appliances and offers additional space for white goods.
The accommodation further comprises two well-proportioned bedrooms, a contemporary bathroom suite, a central hallway, and convenient built-in storage.
Additional benefits include lift access, an allocated parking space, and a well-maintained development, ensuring both comfort and convenience.
Perfectly positioned, the property is just a five-minute walk from Pitsea Train Station, providing direct links to London Fenchurch Street in approximately 35 minutes.
A range of local amenities including Tesco Extra, Aldi, and easy access to the A13 are all within close proximity.
This is a fantastic opportunity to secure a modern, well-located apartment with flexible purchasing options—early viewing is highly recommended.
Value & comps
No previous sales on record.
Returns
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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 Station Lane, Basildon
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