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See how verdicts work2-bedroom flat · SS16 5GQ
Listing removedReduced £20k (−9.1%) on 6 MarListed 312 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**GUIDE PRICE £200,000 - £250,000** Located in the sought-after area of Cherrydown East, SS16, this well-presented two-bedroom apartment offers stylish and convenient living just moments from local amenities and excellent transport links.
The property features a welcoming entrance hallway with a useful storage cupboard, leading to a spacious open plan lounge/kitchen/diner – perfect for modern living and entertaining.
There are two generously sized bedrooms, including a principal bedroom with a private en suite shower room, and a separate contemporary family bathroom.
Further benefits include a long lease and one allocated parking space, making this an ideal first-time purchase, investment opportunity, or home for professionals and commuters alike.
Lounge/Kitchen/Diner 16'5" x 14'11" (5m x 4.55m) Wooden style flooring, wall and base units to kitchen area, sink drainer with mixer taps, electric hob + extractor, integral appliances, spotlights in ceiling, double glazed sliding door leading to balcony.
Master Bedroom 16'5" x 10'11" (5m x 3.33m) Carpet flooring, double glazed window, built in wardrobe space, opens to en-suite.
Ensuite 7'2" x 6'2" (2.18m x 1.88m) Tiled flooring, low level W.C, sink with mixer taps, walk in shower with rainfall showerhead, tile splashback to walls, spotlights in ceiling.
Bedroom Two 10'4" x 9'10" (3.15m x 3m) Carpet flooring, double glazed window side aspect.
Bathroom 7'6" x 6'10" (2.29m x 2.08m) Tiled flooring, tile splashback to walls, low level W.C, wall mounted sink with mixer taps, panel bath with mixer taps, spotlights in ceiling.
Parking The property boasts an allocated parking space. Disclaimer haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service.
If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
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 advisers 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 Cherrydown East, Basildon
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