2-bedroom semi-detached house · RM16 2GH
Sold STCListed 47 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Delighted to receive instruction on this two bedroom semi-detached bungalow that offers well proportioned accommodation throughout and presents excellent opportunity for modernisation and improvement throughout.
The property located in this popular Woodside Location, and benefits from having a rear garden that is approximately 100ft in depth.
Being close to all local amenities and school facilities and offered with no onward chain, leaves us to strongly recommend an early internal inspection to fully appreciate the accommodation and opportunities on offer.
Entrance approach via glazed door to entrance hallway L-SHAPED ENTRANCE HALLWAY Radiator. Central heating controls. Storage cupboard. Wood flooring. BEDROOM ONE 11’7 x 12’. Window to front. Radiator.
Coved ceiling. Range of built in wardrobes. T.V point. Power points. BEDROOM TWO 14’ x 10’5’. Bay window to front. Radiator. Recently redecorated. Power points. SHOWER ROOM Obscured window to rear.
Comprising of low flushing w/c. Pedestal wash hand basin. Shower cubicle. Tiled surround. Inset shower. Radiator. Blinds to remain. RECEPTION / BEDROOM THREE 12’11 x 9’5.
Double glazed window to rear overlooking garden. Recently redecorated. Radiator. Power points. KITCHEN 10’6 x 6’5. Range of base units with single drainer sink unit. Cooker point.
In need of some attention. Power point. LOUNGE DINER 13’ 1 x 10’10. Double glazed sliding doors to rear overlooking garden. Radiator. Wood flooring. Coved ceiling. Power points.
SOUTH FACING REAR GARDEN Approximately 100ft in depth. Being laid to lawn. Small patio area. In need of some attention. Offering excellent scope and potential. Side walkway.
The agent has not tested any apparatus, equipment, fixtures, fittings or services so can not verify that they are in working order or fit for their purpose.
The buyer is advised to obtain verification from their solicitor.
Value & comps
No previous sales on record.
Returns
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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
FAQ
About Grangewood Avenue, Grays, Thurrock
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