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See how verdicts work4-bedroom bungalow · RM16 2UL
For saleListed 6 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Ali & Co are excited to present this substantial detached residence, occupying a prime position on the highly sought-after Lodge Lane, North Grays, this is a rare opportunity to acquire a sizeable family home with exceptional scope for modernization and refurbishment Situated on the highly sought-after Lodge Lane in North Grays, this substantial detached residence presents an exceptional opportunity for buyers seeking a large family home, renovation project, or investment opportunity.
Requiring complete modernization and refurbishment throughout, the property offers enormous potential to create a truly outstanding home in one of the area's most desirable locations.
The accommodation extends to approximately 1,895 sq ft and comprises four bedrooms, a spacious lounge/dining room, kitchen, family bathroom, ground floor WC, and additional storage areas.
The generous layout provides excellent scope for reconfiguration and enhancement to suit modern family living.
Occupying a prime position on one of North Grays' most prestigious roads, the property offers significant potential for improvement and value enhancement, making it an ideal purchase for developers, investors, or ambitious owner-occupiers looking to create a bespoke family home.
Lodge Lane is conveniently located for highly regarded schools, local amenities, Grays Town Centre, and excellent road connections via the A13 and M25.
Room Measurements Ground Floor Lounge/Dining Room: 4.61m x 4.03m (15'1" x 13'3") Kitchen: 4.00m x 2.74m (13'1" x 9'0") Bedroom 1: 4.80m x 4.00m max (15'9" x 13'1") Bedroom 2: 3.65m x 3.37m (12'0" x 11'1") Bedroom 3: 3.65m x 3.31m (12'0" x 10'10") First Floor Bedroom 4: 4.64m x 3.19m (15'3" x 10'6") Bedroom 5: 3.48m x 2.74m (11'5" x 9'0") Family Bathroom: 1.83m x 3.46m (6'0" x 11'4") Viewing is highly recommended to fully appreciate the size, location, and outstanding potential this property has to offer.
Council Tax Band: D (Thurrock Council) Tenure: Freehold
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
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 118 Lodge Lane, Grays
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