2-bedroom house · RM20 4AD
Sold STCReduced £25k (−7.9%) on 7 SepListed 113 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Quote WD1273 when calling to view. Calls answered 24/7. home sweet home!
Situated in a convenient location on London Road, Grays, this well-presented two-bedroom mid-terrace home offers spacious and versatile accommodation, making it an ideal purchase for first-time buyers, growing families, or investors.
The property features a stylish, modern fitted kitchen with ample worktop and storage space, as well as room for a dining table and chairs, creating the perfect setting for everyday family living and entertaining.
A separate utility room provides additional practicality, while the ground floor also benefits from a well-appointed family bathroom and a bright and airy lounge.
Upstairs are two generously sized bedrooms, together with a versatile third room that could be used as a study, dressing room, nursery, or occasional bedroom, depending on your needs.
Externally, the property boasts a delightful rear garden, mainly laid to lawn with a paved pathway and a patio seating area—ideal for relaxing or outdoor dining.
To the rear, there is off-street parking for two vehicles and a useful garden shed for additional storage. Further benefits include gas central heating and double glazing throughout.
Conveniently located, the property offers excellent access to Lakeside Shopping Centre, Purfleet, the A13, and the M25, making it ideal for commuters.
A range of local amenities, schools, and transport links are also within easy reach.
Guide price £325,000 - £350,000 Entrance Hall Living Room 3.3m x 3.1m (10'9" x 10'2") Kitchen 4.1m x 3.2m (13'5" x 10'5") Utility Room 2.4m x 2.4m (7'10" x 7'10") Bathroom 2.4m x 1.65m (7'10" x 5'4") Bedroom One 4.1m x 3.3m (13'5" x 10'9") Bedroom Two 4.1m x 3.2m (13'5" x 10'5") Dressing Room/Study/Bedroom Three 2.65m x 2.4m (8'8" x 7'10") Rear Garden Parking to rear money laundering regulations: By law, we are required to conduct anti money laundering checks on all intending sellers and purchasers and take this responsibility very seriously.
In line with hmrc guidance, our partner, MoveButler, will carry on these checks in a safe and secure way on our behalf. Once an offer has been accepted (sstc).
MoveButler will send a secure link for the biometric checks to be completed electronically. There is a non-refundable charge of £30 (inclusive of VAT) per person for these checks.
The Anti Money Laundering checks must be completed before the memorandum of sale can be sent to solicitors confirming the sale.
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 489, London Road, Grays
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