1-bedroom flat · RM17 6BB
Let agreedListed 62 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property located in The property benefits from a spacious reception room, providing a comfortable area for both relaxing and entertaining.
The separate kitchen offers a practical layout with space for the necessary appliances and storage.
The property also features a well-proportioned double bedroom, providing a comfortable private space, together with a family bathroom.
Being situated on the ground floor, the property offers easy access and is particularly convenient for those who prefer accommodation without stairs.
Local shops, convenience stores and other services are available nearby, while Grays town centre provides a wider selection of shops, restaurants and essential services.
For commuters, Grays Railway Station is approximately 0.4 miles away, providing convenient rail connections towards London and other destinations.
There are also several nearby bus stops, including Kent Road, Bridge Road and Broadway, providing further local transport options.
The area also benefits from nearby supermarkets, including Iceland and Morrisons, while local schools and green spaces are within the surrounding area.
** Contact Anisten Homes today to arrange a viewing*** Fees: You will not be charged any admin fees. Redress scheme provided by: Property Ombudsman Client Money Protection provided by: Property Mark
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 DUM, Elm Road, Grays
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