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See how verdicts work3-bedroom flat · RM16 6AQ
Listing removedReduced £10k (−3.2%) on 23 JulListed 120 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**** chain free **** Being sold with no onward chain, this well-proportioned top floor flat offers a fantastic opportunity for first-time buyers, investors or those looking to downsize, combining generous living space with a practical layout throughout.
The property is accessed via a central hallway, which provides access to all principal rooms.
To the rear, a spacious living/dining room stretches across the width of the property, creating an ideal setting for both relaxing and entertaining, with ample natural light enhancing the sense of space.
The kitchen is conveniently positioned off the hallway, offering a well-defined cooking area.
The accommodation comprises three well-sized bedrooms, providing flexibility for family living, guest accommodation or a home office.
Bedroom two is particularly generous, while the remaining bedrooms are well-proportioned and versatile. A family bathroom completes the internal accommodation, centrally located for convenience.
This top floor flat presents an excellent balance of space and potential, and with the added benefit of no onward chain, an early viewing is highly recommended to fully appreciate what is on offer.
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
Agent & docs
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FAQ
About 21, Galleon Road, Grays
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