1-bedroom flat · RM17 5UP
To rentListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Accommodation comprises of one bedroom, good size lounge, kitchen and bathroom Council Tax Band: B Deposit: £1,269.23 Holding Deposit: £253.84 Accommodation The property is approached via a communal area with a security entry system and provides stairs to the third-floor landing.
Once inside the property, you pass through a hall which services most of the accommodation.
At one end of the flat, you will find a spacious lounge/diner with a square bay window, adding to the light and airy feel of the place.
The kitchen is accessed from the lounge and provides a range of wall and base units with space for appliances. At the other end of the flat is the bedroom, which is a good size.
Completing the accommodation is the bathroom with a three-piece suite comprising of bath, sink and toilet.
Measurements And Other Features Lounge: 17'6 x 12'11 > 8'11 Kitchen: 8'1 x 5'9 Bedroom: 13'2 x 9'7 Bathroom: 8'1 x 5'6 Car parking Gas heating Criteria The successful applicant will need to show an income of approx.
£36,000. A guarantor will be considered if the income is not achievable, but not for bad credit. The head lease in the property would prevent pets being kept.
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 20 College Close, Grays
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