1-bedroom flat · RM17 6RA
Sold STCListed 89 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
--GUIDE PRICE--£140,000-£150,000--Offered for sale with no onward chain is this spacious first floor 1 bedroom maisonette, which is located close to Grays town centre and mainline train station.
Features include a lounge, double bedroom, bathroom, private entrance door to rear and secure parking. Fitted Kitchen ; 8'11 x 6'1 Approached via opaque glazed door to rear. Window to rear.
Range of fitted units with sink unit and drainer. Oven hob and extractor fan. Part tiled walls. Vinyl flooring. Door to; Bathroom ; Opaque glazed window to rear. Panelled bath with shower attachment.
Wash hand basin. Part tiled walls. Door to; Separate W.C ; Low level w.c. Wall mounted boiler. Bedroom 1 ; 10'8 x 10' Double glazed window to rear. Coved ceiling. Radiator.
Lounge ; 13'1 x 10'7 Double glazed window to front. Radiator. Off Street Parking ; To rear via secure entrance.
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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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 CLARENCE ROAD, Grays
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