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The Knowle, Basildon, Essex, SS16

East of England

£525,000

Listed on 02/04/2026

Property Details

Bedrooms
4
Type
Detached

Description

This four-bedroom detached family residence is located in a sought-after area of the East of England, presenting an excellent opportunity for those looking to invest in a property with renovation potential. The house requires general modernization throughout, making it an ideal canvas for buyers aiming to create a home that reflects their personal style. It currently features a spacious 23'7" living room and a separate dining room that could be repurposed or opened up for more contemporary living spaces. The well-proportioned bedrooms are complemented by a ground floor cloakroom and a family bathroom which includes both a bath and separate shower. Externally, the property comes with its own garage and independent driveway, adding to its convenience. Notably, part of the garden will be sold separately, allowing for further negotiation on outdoor space—this flexibility could enhance your investment potential significantly. With no onward chain, this property awaits a visionary buyer ready to unlock its full potential.

Investment Analysis

(SS16 area)
Area Average
£390/sq ft
Avg Rent (weekly)
£323
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (SS16)

Area prices are falling by -3.2% over the last 12 months
3 year growth: -8.8%
5 year growth: +3.4%
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

The Knowle, Basildon, Essex, SS16
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,983
Based on a loan of £393,750 over 30 years at 4.45% 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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