Summary - 1 GREAT OXCROFT BASILDON SS15 6PF
4 bed 1 bath Maisonette
Tenanted four-bed maisonette with garden, parking and strong rental income..
- Four-bedroom maisonette with private garden and off-street parking
- Producing £1,700pcm (£20,400 per year) rental income
- Recently renovated throughout but still requires some improvements
- 95 sqm / 1,023 sq ft living space; lounge plus study/bedroom
- Leasehold: 125-year lease from 1994, 93 years remaining
- To be sold at public auction; tenanted (tenant plans to vacate)
- Located in a very deprived area with above-average crime rates
- Electric heating; double glazing (install date unknown)
A practical buy-to-let opportunity in Basildon: a recently renovated four-bedroom maisonette with private garden and off-street parking. The property currently produces £1,700pcm (£20,400pa) and occupies about 95 sqm (1,023 sq ft) across spacious lounge and bedroom layouts. Transport links are close by and local mobile and broadband provision are strong.
The maisonette is leasehold with 93 years remaining on a 125-year lease started in 1994 and will be sold at public auction. It is tenanted at the time of writing and the seller has indicated the tenant intends to vacate before completion; buyers should check the legal pack and tenancy details before bidding.
Practical downsides are clear: the building sits in a very deprived, higher-crime area and the property, while recently renovated, still requires some improvements and ongoing maintenance. Heating is electric with boiler and radiators, glazing is double glazed (install date unknown), and construction dates to 1976–1982. Purchasers should budget for further works and factor in leasehold considerations.
For investors seeking near-term rental income and refurbishment upside close to stations and local amenities, this maisonette offers a straightforward portfolio addition. For owner-occupiers, be aware of tenure, area characteristics and the auction sale process before committing to view or bid.
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