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Video Inside *NO CHAIN* Great Gregorie, Lee Chapel South, Basildon - Image 1
Video Inside *NO CHAIN* Great Gregorie, Lee Chapel South, Basildon - Image 2
Video Inside *NO CHAIN* Great Gregorie, Lee Chapel South, Basildon - Image 3
Video Inside *NO CHAIN* Great Gregorie, Lee Chapel South, Basildon - Image 4
Video Inside *NO CHAIN* Great Gregorie, Lee Chapel South, Basildon - Image 5
Video Inside *NO CHAIN* Great Gregorie, Lee Chapel South, Basildon - Image 6
Video Inside *NO CHAIN* Great Gregorie, Lee Chapel South, Basildon - Image 7
Video Inside *NO CHAIN* Great Gregorie, Lee Chapel South, Basildon - Image 8
Video Inside *NO CHAIN* Great Gregorie, Lee Chapel South, Basildon - Image 9
Video Inside *NO CHAIN* Great Gregorie, Lee Chapel South, Basildon - Image 10
Video Inside *NO CHAIN* Great Gregorie, Lee Chapel South, Basildon - Image 11

Video Inside *NO CHAIN* Great Gregorie, Lee Chapel South, Basildon

East of England

£385,000
Listed on 16/01/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
785 sqft

Description

This three-bedroom mid-terraced house in a desirable Basildon neighborhood presents a solid investment opportunity for first-time buyers and investors alike. The property comes with no onward chain, allowing for a smoother purchasing process. With off-street parking and a modern combi boiler already installed, the home offers a comfortable foundation while also providing significant potential for renovation. A notable feature is the possibility to extend the property at the rear (subject to planning permission), which could greatly enhance its value. The unoverlooked rear garden, adjacent to open green spaces and a children's play area, adds to its appeal as a family-friendly locale. Internally, the layout is practical yet has room for improvement. The existing wet room and separate WC could be combined to create an expansive family bathroom, which would likely increase market interest. The excellent location further enhances this property's attractiveness: it sits within the catchment area of Lee Chapel Primary School and is conveniently close to Basildon Town Centre, offering various shopping and dining options. For commuters, Basildon Train Station is just 0.7 miles away, facilitating easy access to London Fenchurch Street. This property stands out not only due to its current offerings but also because of its considerable potential for future enhancement in one of Basildon's most sought-after areas.

Investment Analysis

(SS16 area)

Above Market Value

This property is priced +26.8% above area average per sq ft

+26.8%
This Property
£490/sq ft
Area Average
£387/sq ft
Avg Rent (weekly)
£344
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£334,002
10% above area average per sq ft
Potential ROI
-19.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
42%
Properties sold annually

Local Market Trend (SS16)

Area prices are stable by +1.2% over the last 12 months
3 year growth: -11.5%
5 year growth: 10.8%
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

Video Inside *NO CHAIN* Great Gregorie, Lee Chapel South, Basildon
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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
£1,410
Based on a loan of £288,750 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