2-bedroom flat · SS14 2LJ
Sold STCReduced £10k (−5.3%) on 9 SepListed 151 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
• Two Bedroom Ground Floor Flat • Spacious Lounge/Diner • Stylish Kitchen With Integrated Appliances (Including Dishwasher) • Modern Shower Room • Two Generous Double Bedrooms • Utility Space • New Combi Boiler Installed 3 Years ago • Security Entrance System • Double Glazing • 0.9 Miles To Basildon C2C Train Station • Ideal First Time Purchase Or Investment Opportunity A well-presented two-bedroom ground floor flat offering spacious and modern accommodation throughout, ideally suited to first-time buyers or investors alike.
The property features a bright and generously sized lounge/diner, providing an excellent space for both relaxing and entertaining, Further benefittig from a private balcony.
The stylish fitted kitchen is well-appointed with integrated appliances, including a dishwasher, while a separate utility space adds further practicality.
There are two generous double bedrooms, both offering ample space for furnishings, alongside a contemporary shower room finished to a modern standard.
Additional benefits include a security entrance system, double glazing throughout, and a new combi boiler installed approximately three years ago, providing added efficiency and peace of mind.
Conveniently located just 0.9 miles from Basildon C2C train station, the property offers excellent transport links for commuters, as well as easy access to local amenities, shops and services.
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 42, Honeypot Lane, Essex
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