1-bedroom flat · SS16 5GQ
Sold STCListed 243 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well presented one bedroom ground floor flat offers an excellent opportunity for a first time buyer or as an investment property.
Situated in a sought after Basildon location, it benefits from good transport links and local amenities.
The property features a spacious open plan lounge, kitchen, and dining room, creating a versatile living area.
The kitchen is designed for practical use, providing ample space for meal preparation and dining. The layout ensures a comfortable living space, well suited for everyday living.
The flat comprises one generous bedroom, offering a private and quiet retreat. The good sized bathroom is fitted with essential facilities, catering to daily needs.
A notable feature is the private terrace, which provides an outdoor space ideal for relaxing and enjoying the fresh air.
Further benefits include an allocated parking space, adding convenience for residents. The property's ground floor position enhances accessibility.
This home is offered with no onward chain, presenting a straightforward purchase for prospective buyers.
Room Measurements Hallway: 3.32m x 1.39m Lounge/ Kitchen/ Dining Room: 7.42m x 3.79m Bedroom: 4.00m x 3.22m Bathroom: 2.18m x 1.73m Terrace: 2.96m x 7.11m Allocated Parking Disclaimer Gibson and Brennan are the seller's agent for this property.
Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
AML Checks All buyers interested in purchasing a property through us are required to complete an Anti Money Laundering check. A non refundable fee of £50 + VAT per buyer in the transaction will apply.
This fee must be paid before proceeding with the purchase.
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 Cherrydown East, Basildon, Essex, SS16
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