1-bedroom flat · RM17 5UP
To rentListed 25 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Top-floor one-bedroom Grays gem with bright lounge/diner, quirky window alcove and separate kitchen, walkable to town and station, with availability expected from mid-November, date tbc.
Perched on the top floor of a residential development on College Close, this one-bedroom flat offers a bright, practical home with enough personality to make scrolling through rental listings considerably less tedious.
Accessed via a communal entrance, the property opens into its own entrance hall, providing a useful divide between the outside world and your new home.
From here, the accommodation flows into a comfortable double bedroom, bathroom, separate kitchen and generously proportioned lounge/diner. The lounge/diner is the natural star of the show.
There’s room to create distinct relaxing and dining zones, whether your idea of entertaining involves a properly laid table or balancing a takeaway on your knee while insisting you'll only watch one more episode.
Then there’s the lovely little alcove beneath the window - a surprisingly useful bonus that gives the room a bit of extra character.
Reading corner, plant headquarters, compact workspace, record collection, gaming setup or the carefully curated background for your next suspiciously professional social post; it’s ready for whatever role you give it.
The separate kitchen keeps cooking away from the main living space and provides everything needed for weekday breakfasts, experimental dinners and the occasional meal that started with good intentions and ended with opening an app.
The double bedroom offers proper grown-up sleeping space, while the bathroom completes the accommodation.
Being positioned on the top floor is another welcome bonus, giving the flat an elevated feel and, importantly, meaning there’s nobody living directly above you.
Location-wise, College Close puts you in a particularly handy position. Grays town centre is within walking distance, placing shops, services and everyday essentials conveniently close by.
Grays railway station is also walkable, with direct rail services into London Fenchurch Street, making this an appealing option for commuters who want straightforward London access without paying London prices.
In social-media terms: Good natural light, a lounge with actual space, a window alcove waiting for its main-character moment and a station you can reach without starting the car.
In estate-agent terms: Viewing recommended. The property is expected to be available from mid-November, with the exact move-in date to be confirmed.
Early enquiries and viewings are encouraged for anyone hoping to get their next move lined up ahead of time.
The small print: Material Information: Tenancy Fees Holding Deposit: 1 week’s rent to say “we like you.” Security Deposit: Under £50k/year - 5 weeks’ rent £50k+ - 6 weeks’ rent Covers damages or “oops” moments.
Other Fees: Lost keys/lock replacement: Full cost + £15/hr admin Contract change/tenancy tweak: £50 Late rent: 3% interest above base rate Property Management - All properties managed by Property Stop, not us.
More info: Tenant Protection - Managed by Property Stop. Client Money Protection (cmp) included. Colubrid is in The Property Ombudsman Redress Scheme-rules are followed, you’re protected.
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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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 21, College Close, Grays
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