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See how verdicts work2-bedroom flat · RM20 4BF
Listing removedListed 70 daysAuction 1 Nov · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FOR SALE BY ONLINE AUCTION ON TUESDAY 15TH SEPTEMBER TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE Two bed modern purpose built flat in popular residential area.
A two bedroom leasehold flat situated within a modern residential development in Grays, West Thurrock.
The property is arranged with a living room, separate kitchen, two bedrooms, bathroom, hallway storage and a private balcony.
The property offers a practical layout extending to approximately 64 sqm and is ready for immediate occupation or renting.
Ground floor Communal entrance with stairs leading to 3rd Floor Personal Entrance door Living Room: 20'4" x 15'3" Kitchen: 11'2" x 6'9" Bedroom One: 12'11" x 12'11" Bedroom Two: 9'8" x 7'11" Bathroom: 6'7" x 6'0" Balcony: 9'5" x 9'5" Tenure: Leasehold Lease Details: 155 years from 1 November 2014 EPC Rating: C Administration Fee: £1200 inc VAT payable on exchange of contracts.
Buyer's Premium Fee: £1680 inc VAT payable on exchange of contracts. Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 45 The Chase, Grays, Essex RM20 4BF
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