1-bedroom flat · RM17 6SF
Let agreedListed 36 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious one bedroom first floor flat, conveniently located within walking distance of Grays town centre and approximately 10 minutes' walk from Grays railway station, which provides direct services into London Fenchurch Street in around 35 minutes.
The property is presented in good condition for its age, with new carpets and flooring being installed throughout.
The accommodation comprises a large dual aspect living room with east and west facing outlooks, allowing for plenty of natural light throughout the day.
There is also a separate kitchen, a generously sized double bedroom and a family sized bathroom accessed from the hallway.
Further benefits include parking for two vehicles, and the property can be offered either furnished or unfurnished.
Its generous proportions and convenient transport links make it ideal for a single professional or couple.
Please note that the furniture and decor in this photo have been virtually staged to offer design inspiration.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
Agent & docs
FAQ
About Falcon Avenue, Grays RM17
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