2-bedroom flat · SS16 5SR
Listing removedReduced £10k (−4.5%) on 16 JulListed 128 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Stylish Two-Bedroom Apartment with Ultra-Low Running Costs and Outstanding Local Amenities If you've been searching for a home that combines modern style, practical living and exceptional value for money, this beautifully presented two-bedroom second-floor apartment could be the one you've been waiting for.
Positioned within a well-maintained residential development, this impressive apartment offers bright, contemporary accommodation alongside one of the most attractive cost profiles on the market today.
From the moment you step through the front door, the welcoming hallway sets the tone for a home that has been thoughtfully updated and exceptionally well cared for.
At the heart of the property is the stunning open-plan kitchen and dining area, recently refurbished to create a sleek, sociable space perfect for modern living.
Featuring a stylish new fitted kitchen, contemporary smart tiling and a breakfast bar ideal for morning coffees, casual dining or evening entertaining, it's a room designed to impress.
The space flows naturally into the comfortable lounge area, creating the perfect setting whether you're hosting friends, enjoying family time or settling in for a cosy night on the sofa.
The generous principal bedroom offers a peaceful retreat at the end of a busy day, while the second bedroom provides fantastic flexibility as a guest room, nursery, home office or dressing room.
The recently refurbished bathroom continues the modern theme with fresh, contemporary finishes and a clean, stylish design.
Storage lovers will be delighted to find not one, not two, but three separate storage cupboards, ensuring everything has its place and helping to keep the living areas beautifully clutter-free.
The practical benefits continue with a modern boiler installed approximately three years ago and a brand-new roof completed in January this year, providing valuable peace of mind for years to come.
Outside, residents can enjoy attractive communal gardens, communal parking and the added bonus of a brick-built shed, perfect for bikes, tools or those items you don't want taking up valuable indoor space.
Perhaps the standout feature of all is the remarkably low annual service charge of just £623 per Stylish Two-Bedroom Apartment with Ultra-Low Running Costs and Outstanding Local Amenities If you've been searching for a home that combines modern style, practical living and exceptional value for money, this beautifully presented two-bedroom second-floor apartment could be the one you've been waiting for.
Positioned within a well-maintained residential development, this impressive apartment offers bright, contemporary accommodation alongside one of the most attractive cost profiles on the market today.
From the moment you step through the front door, the welcoming hallway sets the tone for a home that has been thoughtfully updated and exceptionally well cared for.
At the heart of the property is the stunning open-plan kitchen and dining area, recently refurbished to create a sleek, sociable space perfect for modern living.
Featuring a stylish new fitted kitchen, contemporary smart tiling and a breakfast bar ideal for morning coffees, casual dining or evening entertaining, it's a room designed to impress.
The space flows naturally into the comfortable lounge area, creating the perfect setting whether you're hosting friends, enjoying family time or settling in for a cosy night on the sofa.
The generous principal bedroom offers a peaceful retreat at the end of a busy day, while the second bedroom provides fantastic flexibility as a guest room, nursery, home office or dressing room.
The recently refurbished bathroom continues the modern theme with fresh, contemporary finishes and a clean, stylish design.
Storage lovers will be delighted to find not one, not two, but three separate storage cupboards, ensuring everything has its place and helping to keep the living areas beautifully clutter-free.
The practical benefits continue with a modern boiler installed approximately three years ago and a brand-new roof completed in January this year, providing valuable peace of mind for years to come.
Outside, residents can enjoy attractive communal gardens, communal parking and the added bonus of a brick-built shed, perfect for bikes, tools or those items you don't want taking up valuable indoor space.
Perhaps the standout feature of all is the remarkably low annual service charge of just £623 per year.
In a world where many leasehold properties command charges exceeding £2,000 annually, this apartment offers an increasingly rare opportunity to enjoy apartment living without the eye-watering monthly costs.
Better still, there is no ground rent to pay, and the property benefits from an exceptional 173-year lease, making it a truly future-proof purchase.
Families will appreciate the proximity to the highly regarded and Outstanding-rated Lee Chapel Primary School, while aspiring grammar school applicants will value the property's position within the catchment area for the prestigious King Edward VI Grammar School.
Excellent transport links are available via Laindon Railway Station and Basildon Railway Station, with Basildon University Hospital also conveniently nearby.
Stylish, affordable, commuter-friendly and move-in ready, this is exactly the type of property that doesn't stay available for long.
Basildon is one of Essex’s largest towns and a popular choice for commuters, offering a mix of affordable housing, good transport links and extensive shopping and leisure facilities.
Originally developed as a post-war New Town, it has grown into a major business and employment hub with strong road connections via the A127 and A13, while direct rail services provide access to central London in around 30–40 minutes.
The town centre is anchored by Eastgate Shopping Centre and benefits from ongoing regeneration projects, while nearby attractions such as Wat Tyler Country Park and Langdon Nature Reserve provide access to green space.
Popular residential areas include Laindon, Langdon Hills and Pitsea, each offering different housing styles and community amenities, making Basildon an attractive option for families, professionals and first-time buyers The small print: Material Information: Service Charge: £622.64 per annum Annual Ground Rent: £0 Length of Lease: 173 years remaining We’ve done our homework, but we aren’t fortune tellers.
We haven’t poked the boiler, flicked the switches, or tested every light bulb.
Nothing here counts as a contract or statement of fact-get your solicitor to check all the serious stuff, like tenure, parking, planning permission, building regs, and all that jazz! Measurements?
Guides only. Floorplans? Handy, but not perfectly to scale. Travelling far? Call first-clarification is free, petrol is not.
We may receive a referral fee if you choose to use third-party services we recommend, such as conveyancers, mortgage advisers, or EPC providers, but you are under no obligation to do so.
Aml Checks - Law says we must run one. £96 including VAT per buyer. Tiny toll, big compliance. Buyer Reservation Fee - Offer accepted? Pay a reservation fee (min £1,000) to lock it in.
VIP pass to the property, protects against gazumping. Complete the sale? Fee refunded. Things go sideways? Sometimes non-refundable.
Head to our website for full details – or skip the scrolling and just call.
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 250, The Knares, Basildon
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