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Great Gregorie, Basildon, Essex, SS16 - Image 1
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Great Gregorie, Basildon, Essex, SS16

East of England

£340,000
Listed on 06/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
854 sqft

Description

This three-bedroom end-of-terrace home presents an excellent opportunity for those looking to invest or make their mark through renovations. The property is well-maintained and features a generous side plot, which holds significant potential for expansion, whether it be adding an extension or creating off-road parking (subject to planning permission). Situated in the sought-after Lee Chapel South area, this residence is particularly appealing to families and commuters alike, with Basildon C2C train station located just 0.2 miles away. Additionally, it falls within the catchment area for the reputable Lee Chapel South Primary School, making it an attractive option for families prioritizing education. The low-maintenance rear garden offers a private outdoor space that could easily be transformed into a more personalized retreat. With convenient access to major roadways such as the A13 and A127, commuting to nearby cities is straightforward. Overall, this property not only provides comfort but also presents ample scope for value enhancement through thoughtful renovations.

Investment Analysis

(SS16 area)

Above Market Value

This property is priced +3.1% above area average per sq ft

+3.1%
This Property
£398/sq ft
Area Average
£386/sq ft
Avg Rent (weekly)
£349
Avg Yield
5.1%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £15,000
Target Value
£362,796
10% above area average per sq ft
Potential ROI
+2.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (SS16)

Area prices are rising by +2.1% over the last 12 months
3 year growth: -9.4%
5 year growth: 11.7%
Investment Disclaimer: Analysis based on SS16 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

Great Gregorie, Basildon, Essex, SS16
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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
£1,246
Based on a loan of £255,000 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