3 bed terraced house for sale

Arabis Place, Basildon SS15

Tenanted 3-Bedroom Investment | £1,400 pcm | £16,800 Annual Income | Close to Laindon Station

National Residential are delighted to offer this three-bedroom freehold terraced property, sold with a tenant in situ and currently generating £1,400 per calendar month, equivalent to £16,800 in gross annual rental income.
Conveniently positioned within walking distance of Laindon railway station, the property combines well-proportioned accommodation with a rear garden, downstairs cloakroom and useful London commuter connections.
The interiors would benefit from light updating and refreshing, offering scope to improve the presentation over time while acquiring a property with an existing tenancy.
Investment at A glance

• Sold with tenant in situ
• Current rent: £1,400 pcm | £16,800 gross per annum
• Freehold
• Council tax band: C
• Three-bedroom terraced property
• Light cosmetic updating required
• Generous lounge with garden access
• Separate kitchen/dining room
• Ground-floor cloakroom
• First-floor family bathroom
• Rear garden
• Gas central heating and double glazing
• Walking distance of Laindon railway station
Accommodation

Ground Floor
Lounge | Kitchen/dining room | Cloakroom
The generous lounge provides a comfortable main living space, with wood-effect flooring and sliding patio doors opening onto the rear garden. The large glazed doors bring in natural light and connect the room directly with the outdoor space.
The kitchen/dining room combines a fitted cooking area with space for a dining table and chairs. Light-coloured cupboards, contrasting worktops and tiled splashbacks provide a practical starting point for future cosmetic improvements.
A downstairs cloakroom with WC and washbasin adds everyday convenience.
First Floor
Three bedrooms | Family bathroom
Upstairs are three well-proportioned bedrooms, providing flexible accommodation for a household requiring sleeping space, a guest room or home working.
The family bathroom includes a bath with shower over and screen, pedestal washbasin and WC, together with partial wall tiling.
Outside

The rear garden is accessed directly from the lounge and provides outdoor space for seating, planting and everyday use. There is scope to refresh its presentation alongside the internal cosmetic improvements.
Location & connections

Laindon railway station is within walking distance and provides c2c services to London Fenchurch Street, with eastbound connections towards Southend and Shoeburyness.
Local shops, schools and bus routes serve the surrounding area, while Basildon town centre offers a wider choice of shopping, dining and leisure facilities. The A13 and A127 provide road connections across South Essex and towards London.
Why this investment stands out

• Existing Rental Income – Currently let at £1,400 per calendar month
• Three-Bedroom Layout – Practical accommodation with a separate lounge and kitchen/diner
• Commuter Convenience – Walking distance of Laindon station and its London services
• Scope to Improve – Light updating and redecoration could enhance the property’s presentation
• Useful Everyday Features – Rear garden, downstairs WC, gas central heating and double glazing
The property is offered with the existing tenant remaining in occupation. Further tenancy information is available on request.
Viewings

Viewings are highly recommended. For further information, tenancy details or to arrange an appointment, please contact our dedicated specialist sales advisor.

This property is only available for purchasers who are not in a chain.

1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage so an online Anti-Money Laundering Check can be completed. We would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3: Any measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: National Residential has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyer's interests to check the working condition of any appliances.

*By making an enquiry on this property you acknowledge that this property is strictly offers in excess of the marketing price provided. The market appraisal of this property has indicated a value in excess of our marketing price. As a consequence, and similar to any other vendor, the vendor is aiming to achieve as much as possible in excess of this marketing price provided.
This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. Although the vendor may be willing to remove from the auction early for a suitable offer. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately but grant 56 days to exchange and complete. This additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a deposit of 2% (minimum of £5,000) or a Buyers fee (amount or % will be stated in main advert., which secures the transaction and takes the property off the market. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction and can be viewed in full on our website.