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Foxglove Court, Basildon NO CHAIN !!!

East of England

£260,000
Listed on 01/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
914 sqft

Description

This three-bedroom mid-terrace house presents a noteworthy opportunity for renovation and investment. Situated within walking distance of Laindon Train Station, the property boasts excellent connectivity to London and the surrounding regions, making it appealing for commuters and those seeking access to urban amenities. The home features a spacious layout that invites creative updates. The ground floor includes a generous living room and an open kitchen/dining area, along with a convenient downstairs toilet. Upstairs, you'll find three well-sized bedrooms complemented by a family bathroom, allowing for potential reconfigurations to meet modern living standards. Outside, the property offers a private rear garden that provides ample space for landscaping projects or outdoor enhancements, further increasing its value. While the home requires extensive renovation throughout, it serves as an ideal blank canvas for those looking to personalize their space or invest in a rental property in a desirable location. With no onward chain, this property is ready for immediate consideration by buyers seeking both potential and practicality in their next investment. An open day is scheduled for Saturday 8th November from 11:30 am to 12:30 pm, providing an opportunity to explore the possibilities firsthand.

Investment Analysis

(SS15 area)

Below Market Value

This property is priced -24.7% below area average per sq ft

-24.7%
Potential saving
This Property
£284/sq ft
Area Average
£378/sq ft
Avg Rent (weekly)
£358
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£379,890
10% above area average per sq ft
Potential ROI
+26.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (SS15)

Area prices are rising by +4.0% over the last 12 months
3 year growth: 1.4%
5 year growth: 15.8%
Investment Disclaimer: Analysis based on SS15 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Foxglove Court, Basildon NO CHAIN !!!
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£952
Based on a loan of £195,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE