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45 Grapnells, Basildon, Essex, SS16 4LT - Image 1
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45 Grapnells, Basildon, Essex, SS16 4LT

East of England

£185,000
Listed on 18/11/2025

Property Details

Bedrooms
2
Type
Semi-detached house

Description

This two-bedroom end terraced house presents a compelling renovation opportunity for those looking to invest or create their ideal living space. Currently vacant and in need of modernization, the property offers a blank canvas to enhance its functionality and aesthetic appeal. The layout includes a comfortable sitting room and a kitchen on the ground floor, along with a first-floor bathroom. Upstairs, there are two well-proportioned bedrooms that can be tailored to meet personal preferences or rental standards. An additional highlight is the rear garden, which has potential for landscaping or outdoor entertaining. Situated in a residential neighborhood, the property benefits from proximity to local shops, schools, and essential amenities. Moreover, its location near Pitsea railway station—just 0.7 miles away—provides excellent transport links to London Fenchurch Street and beyond, making it an attractive option for commuters. Given its current condition and location, this house holds significant potential as a buy-to-let investment or as a project for an owner-occupier looking to add value through refurbishment. Overall, this property represents an opportunity to create something special in a well-connected area.

Investment Analysis

(SS16 area)
Area Average
£386/sq ft
Avg Rent (weekly)
£349
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

45 Grapnells, Basildon, Essex, SS16 4LT
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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
£678
Based on a loan of £138,750 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