2-bedroom flat · SS14 1FL
Sold STCListed 202 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Aspire Estate Agents Basildon are delighted to present this stylish two-bedroom apartment in Olive Court, Basildon.
Built in 2012 and meticulously maintained, this contemporary home offers bright, spacious living just moments from Basildon town centre and the mainline station, combining modern convenience with a prime location.
Upon entering, you are welcomed into a practical entrance hallway with a generous storage cupboard.
The heart of the apartment is the open-plan lounge/kitchen/diner, beautifully proportioned and flooded with natural light.
The space flows seamlessly onto a Juliette balcony, providing a perfect spot to enjoy the outdoors and enhance the apartment’s airy feel.
The property offers two well-sized bedrooms, including a principal bedroom with a private en-suite shower room.
A modern family bathroom completes the accommodation, all presented in a stylish and contemporary finish.
Externally, the apartment benefits from allocated parking, a secure intercom entry system, and a long 139-year lease, offering peace of mind for years to come.
Ideal for first-time buyers, professionals, or investors, this apartment perfectly combines space, style, and location.
Council Tax Band: C Local Authority: Basildon Service Charge: £1,600 per annum Ground Rent: £407.70 Length of Lease: 150 years approximately Managing Agent: Trinity Estates
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 Southernhay Close, Basildon
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