3-bedroom bungalow · RM16 2RN
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Guide price £450,000 - £475,000 Ali & Co are delighted to present to the market this spacious three-bedroom semi-detached bungalow, ideally situated on the highly sought-after Victoria Avenue in North Grays.
Occupying an extensive plot, this attractive home offers generous and versatile living accommodation throughout.
This well-presented home offers versatile accommodation throughout, comprising a bright and spacious living room, a fitted kitchen/breakfast room, three well-proportioned bedrooms, and a newly fitted shower room.
Externally, the property benefits from attractive front and side gardens, a detached garage, and a private driveway providing off-street parking.
While perfect in its current condition, the property also offers excellent potential to modernize and extend (subject to the necessary planning permissions), making it an ideal opportunity for buyers looking to create their dream home.
Occupying a prominent dual-aspect corner plot with frontages onto both Victoria Avenue and Long Lane, this rarely available bungalow is ideally situated within easy reach of local amenities, well-regarded schools, Grays Town Centre and excellent transport links, offering an excellent opportunity for families, downsizers and investors alike.
Room Measurements: Living Room: 4.44m x 4.48m (14'7" x 14'9") Kitchen/Breakfast Room: 3.69m x 4.30m (12'1" x 14'1") Bedroom One: 4.44m x 3.65m (14'7" x 12'0") Bedroom Two: 3.69m x 2.81m (12'1" x 9'3") Bedroom Three: 2.67m x 2.21m (8'9" x 7'3") Shower Room: 2.10m x 2.15m (6'11" x 7'1") Detached Garage: 5.87m x 3.18m (19'3" x 10'5") Early viewing is highly recommended.
Call Ali & Co today to avoid disappointment. Council Tax Band: D (Thurrock Council) Tenure: Freehold
Value & comps
No previous sales on record.
Returns
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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 119 Victoria Avenue, Grays
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