Welcome to 160 Falstones, Basildon, a cozy and compact flat type home with 2 bed in the SS15 5DW area. This lovely residence, which comes with a leasehold tenure, and sits comfortably in tax band B.
This classic property was built 1950-1966 and has a reported internal area of 63 internal square metres
The local area is known for its high value-to-quality ratio -
with a market valuation of £117,000 and a rental potential of £761 per month,
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it represents not just a residence but a worthwhile investment in a sought-after area.
You can discover more about this property by reading the Mouseprice attributes tables in the next section, or if you are the owner and would like to update this property, for example if you've built an extension, you can do so at the top of this page.
In addition to our own current description, this property has received a tailor-made description dated to May 1, 2025. It's possible the property has changed since then,
but we are dedicated to giving you everything you need to make smart property decisions. Here's a snippet, and if you'd like to view the full thing, just click to expand.
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SECURING THIS PROPERTY WITH A LIFETIME LEASE
OVER 60s can secure this property with a HOME FOR LIFE from HOMEWISEThrough the Home for Life Plan from Homewise, those AGED 60 or over can purchase a Lifetime Lease and a share of the property value to safeguard for the future. The cost to purchase the Lifetime Lease is always less than the full market value.
OVER 60s customers typically save between from 20% to 50%*.
Home for Life Plan guide price for OVERS 60s The Lifetime Lease price for this property is £102,500 based on an average saving of 33%.
Market Value Price £155,000
The price you pay will vary according to your age, personal circumstances and requirements and will be adjusted to include any percentage of the property you wish to safeguard. The plan allows customers to purchase a share of the property value UP TO 50% to safeguard for the future.
For an indication of what you could save, please use our CALCULATOR on the HOMEWISE website.
Please CALL for more information or a PERSONALISED QUOTE.
Please note Homewise DO NOT own this property and it is not exclusively for sale for the over 60s.
It is being marketed by Homewise as an example of a property that is currently for sale which could be purchased using a Home For Life Lifetime Lease.
If you are not OVER 60 or would like to purchase the property at the full market value of £155,000, please contact the estate agent Douglas Allen.
PROPERTY DESCRIPTION
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.Room sizes
- Entrance
- Lounge Dining Room 19 0 x 10 5 5.80m x 3.18m
- Kitchen 9 6 x 9 3 2.90m x 2.82m
- Bedroom 1 12 2 x 9 7 3.71m x 2.92m
- Bedroom 2 15 1 x 9 5 4.60m x 2.87m
- Communal Garden
AUCTIONEER S COMMENTS
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance subject to lending criteria, affordability and survey .
The buyer is required to sign a reservation agreement and make payment of a non refundable Reservation Fee, this being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The buyer will also make payment of £349 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change. The seller can instruct iamsold to agree a sale without a bidding process taking place or prior to a closing date. No further bids can be accepted after a buyer has paid a Reservation Fee
REFERRAL ARRANGEMENTS
Homewise and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.
Where services are accepted the Auctioneer or Homewise may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
TO VIEW OR MAKE A BID Contact Homewise
The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure lease information, fixtures & fittings and, where the property has been extended converted, planning building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and or services does not imply that they are necessarily in working order or fit for the purpose.
We are pleased to offer our customers a range of additional services to help them with moving home. None of these services are obligatory and you are free to use service providers of your choice. Current regulations require all estate agents to inform their customers of the fees they earn for recommending third party services. If you choose to use a service provider recommended by Homewise, details of all referral fees can be found at the link below. If you decide to use any of our services, please be assured that this will not increase the fees you pay to our service providers, which remain as quoted directly to you.
Suitable as a retirement home.
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Tax band B
