Ready-made rental with strong commuter links and nearby green spaces.
First-floor one-bedroom apartment, 420 sq.ft.
A compact, well-presented first-floor apartment offering 420 sq.ft. of straightforward living space close to Laindon Station. The bright lounge and fitted kitchen provide ready-to-live accommodation that suits a commuter or buy-to-let buyer wanting low-management space.
The property is sold with a tenant in situ paying £1,300 pcm, offering immediate rental income and a strong gross yield (approx. 8.7% at the asking price). Excellent transport links to London and easy access to Basildon town centre make this a practical holding for investors or a commuter couple.
Buyers should note the lease has 87 years remaining and there is an annual service charge of around £1,800 plus ground rent of £100. The local area has higher-than-average crime and pockets of deprivation — factors to consider for long-term capital growth and tenancy profiling.
On the positive side, there are good digital connections (excellent mobile, fast broadband), nearby green spaces and local amenities. The flat’s compact size and current tenancy make it most suitable as a rental investment or step-on property for an owner-occupier comfortable with leasehold ownership.
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