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See how verdicts work1-bedroom flat · RM17 5RX
For saleListed 26 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Ali & Co are delighted to introduce this superb one-bedroom first floor retirement apartment, ideally positioned within the highly sought-after Priestley Court development.
Purpose-built for comfortable and secure senior living, Priestley Court benefits from well-maintained communal parking, a residents' lounge, and the added reassurance of an on-site manager.
The location is particularly convenient, being within a short walk of the Southend Road shopping parade and local bus routes, while Grays town centre is also easily accessible.
Internally, the apartment is well presented and thoughtfully arranged. The welcoming entrance hallway includes a useful built-in storage cupboard.
The generous double bedroom is fitted with an excellent range of wardrobes, providing ample storage.
The bright and airy living room is equipped with a security intercom and emergency alarm system, offering both comfort and peace of mind.
The modern fitted kitchen features a range of matching base and wall-mounted units and benefits from updated flooring.
The apartment has also been enhanced with new carpets throughout, creating a fresh and inviting feel.
Completing the accommodation is a standout wet room, which has been professionally re-laid and fitted to a high standard.
Fully tiled throughout, it offers both practicality and style, making it an excellent feature for accessible living.
Although situated on the first floor, the apartment benefits from a chair lift, providing convenient access for residents and visitors where required.
This excellent retirement property offers comfortable, low-maintenance living in a secure and friendly community setting and is available for viewing immediately.
Council Tax Band: B (Thurrock Council) Tenure: Leasehold (58 years) Ground Rent: £5.83 per month Service Charge: £211.53 per month
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 22 Priestley Court, Grays
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