2-bedroom flat · SS16 4QL
Sold STCListed 260 days
Opportunity summary
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About
Meacock and Jones are delighted to offer for sale this ground floor maisonette, situated in a popular location with easy access to Basildon, Pitsea C2C Mainline Railway Station, and the A13, and is offered for sale with no onward chain.
The accommodation commences with a private entrance door opening to the spacious hallway, which leads through to all of the rooms.
Both bedrooms are set to the front of the property, bedroom one being a good sized double room, whilst the second bedroom would also fit a double bed.
The dual aspect lounge is a nice size and is set to the rear, with a convenient serving hatch through to the large kitchen.
The dual aspect kitchen is modern in design, recently fitted with a good range of white gloss units and some integrated appliances, along with a free standing cooker, plus attractive contrasting black worktops, sink and tap.
To complete the accommodation the bathroom has been fitted with a white suite including bath with shower over, sink and wc.
This property is nicely decorated, bright and airy throughout, with the benefit of recently fitted electric heating, along with attractive chevron style flooring to the hallway, kitchen and bathroom, and new carpets to the bedrooms and lounge.
Externally there are two allocated parking spaces available, directly outside the front door.
The area has plentiful options for schooling at all levels from nursery through to senior school and is therefore very desirable to families.
Accommodation Comprises: - Entrance Hallway - Lounge - 3.94m x 3.18m (12'11 x 10'5) - Kitchen - 4.95m x 2.92m (16'3 x 9'7) - Bedroom One - 3.18m x 3.10m (10'5 x 10'2) - Bedroom Two - 2.87m x 2.26m (9'5 x 7'5) - Bathroom - 2.69m x 1.88m (8'10 x 6'2) - Lease - 90 Years - Service Charge: £500Pa - Ground Rent: £35Pa -
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Downs Grove, Basildon
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