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See how verdicts work2-bedroom flat · RM17 5QQ
For saleReduced £5k (−2.3%) on 24 JunListed 250 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £220,000 to £240,000 reflecting with or without a lease extension. Current lease 78 years, vendor willing to extend the lease to be included in the sale at the right offer.
the property Constructed in 2004, this development presents nicely and benefits from being accessed via a secure gated vehicular entrance with pedestrian access with side.
Entering into a huge residents car park with communal lawn. The property does require some cosmetic upgrading, ideal to change fixtures to your own taste. Ideal for first time buyer and landlords.
The property is on the ground floor and accessed via a further secure communal entrance door.
The accommodation comprises of a large lounge diner with two windows to front, a separate integral kitchen with fitted units and space for appliances.
The master bedroom is an excellent size with window to front and leading off an ensuite bathroom with bath, sink and WC. The second bedroom is also a double with window to front.
The main bathroom has also a 3 piece suite with bath, sink and WC. The inner hall has a large storage cupboard leading off.
Local area Brilliantly positioned, being a short walk to the Morrisons supermarket and Grays shopping centre. Grays station is only a mile away.
Ideal also for easy road access to the M25, A13 and Lakeside shopping centre.
Council Tax: Band C EPC band: C Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact.
All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
Please inform us if you become aware of any information being inaccurate.
Money Laundering Regulations Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds.
This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement.
We use a specialist third party service together with an in-house compliance team to verify your information.
The cost of these checks is £82.50 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued.
This charge is non-refundable under any circumstances.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
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FAQ
About Flat 31, Kingfisher Heights, Hogg Lane, Grays
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