2-bedroom flat · SS16 4TY
Sold STCListed 144 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Griffin are pleased to offer for sale with the benefit of No Onward Chain this very well presented Two Bedroom Top Floor Flat situated in the popular Chestnut Road & Waterville Drive area of Basildon.
The property is ideal for First Time Buyers and Investors and offers bigger than usual accommodation to include an entrance hallway, large lounge diner, modern refitted kitchen, large master bedroom with dressing area, double sized second bedroom and modern bathroom.
The property offers a long lease and is ready to move in and further benefits from extensive communal parking and is conveniently situated for access to local amenities at Pitsea and the mainline Railway Station for services to London Fenchurch Street.
Viewings are available now and strictly by appointment only.
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 Waterville Drive, Vange, Basildon, SS16
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