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4, Cherrydown West, Basildon, Essex, SS16 - Image 1
4, Cherrydown West, Basildon, Essex, SS16 - Image 2
4, Cherrydown West, Basildon, Essex, SS16 - Image 3
4, Cherrydown West, Basildon, Essex, SS16 - Image 4
4, Cherrydown West, Basildon, Essex, SS16 - Image 5
4, Cherrydown West, Basildon, Essex, SS16 - Image 6
4, Cherrydown West, Basildon, Essex, SS16 - Image 7

4, Cherrydown West, Basildon, Essex, SS16

East of England

£275,000
Listed on 21/10/2025

Property Details

Bedrooms
N/A
Type
Detached house
Area
1054 sqft

Description

This freehold office building presents a noteworthy opportunity for investors and developers, situated conveniently within walking distance of Basildon Town Centre and the train station. The property spans two floors and features practical components such as double glazing and gas central heating, making it a structurally sound investment. Since 2007, the building has been utilized as office space; however, its layout and location may lend themselves well to potential residential conversion, subject to the necessary planning permissions. With four designated off-street parking bays, the site offers essential amenities that enhance its appeal for both commercial and residential use. Basildon is strategically located within the Thames Gateway, approximately 30 miles east of central London. The area benefits from excellent transport links via the A127 and A13 roads, providing seamless access to South East Essex and direct routes to the M25 motorway, roughly 10 miles away. Additionally, Basildon's main line railway station offers services directly to London Fenchurch Street. This property also has an attractive rateable value of £11,500 for the 2025/26 period, with estimated business rates payable around £5,738.50 based on current valuations. Potential investors should note that the property is available on a freehold basis, which can be advantageous for future developments or conversions. An Energy Performance Certificate (EPC) has been commissioned to ensure transparency regarding energy efficiency. Legal costs for this transaction will be borne by each party involved. Overall, this property stands out as a versatile investment with room for innovative redevelopment in a growing area.

Investment Analysis

(SS16 area)

Below Market Value

This property is priced -32.4% below area average per sq ft

-32.4%
Potential saving
This Property
£261/sq ft
Area Average
£386/sq ft
Avg Rent (weekly)
£349
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Target Value
£447,760
10% above area average per sq ft
Potential ROI
+19.4%
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

4, Cherrydown West, 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
£1,007
Based on a loan of £206,250 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