We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · RM16 2AP
Sold STCReduced £15k (−8.6%) on 20 JunListed 182 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Colubrid Estate Agents are pleased to present to the market this fantastic size first floor apartment boasting excellent size living space throughout.
Accommodation boasts an entrance hallway with secure intercom entry system, lovely size lounge, modern kitchen with a good size balcony, modern bathroom and two good size bedrooms.
The property is located in the sought after location of Stifford Clays and is within easy reach of all local amenities. The property benefits from a long lease of approximately 139 years.
Guide price £165,000 - £200,000 Enter the building via secure intercom entry. Bedroom one 12'7 x 12'2 double glazed window. Bedroom two 12'2 x 8'2 double glazed window.
Bathroom white panel bath fitted with shower and glass splash screen door. Wash hand basin and low level wc. Part tiling to walls. Tiled flooring. Obscure double glazed window.
Lounge 13'0 x 12'9 double glazed window. Wooden style flooring. Kitchen 14'3 x 6'8 access is given to personal balcony. White high gloss wall and base mounted units with matching storage drawers.
Worksurfaces housing sink drainer. Gas hob, oven, space for other appliances. Storage cupboard. Tiling to splash backs. Tiled flooring.
The small print: Council Tax Band: A Local Authority: Thurrock Length of lease: Approximately 139 years remaining.
Annual Service Charge: £700.00 Annual Ground Rent: £200.00 We’ve done our homework, but we aren’t fortune tellers. We haven’t poked the boiler, flicked the switches, or tested every light bulb.
Nothing here counts as a contract or statement of fact-get your solicitor to check all the serious stuff, like tenure, parking, planning permission, building regs, and all that jazz! Measurements?
Guides only. Floorplans? Handy, but not perfectly to scale. Travelling far? Call first-clarification is free, petrol is not.
We may receive a referral fee if you choose to use third-party services we recommend, such as conveyancers, mortgage advisers, or EPC providers, but you are under no obligation to do so.
Aml Checks - Law says we must run one. £80 + VAT per buyer. Tiny toll, big compliance. Buyer Reservation Fee - Offer accepted? Pay a reservation fee (min £1,000) to lock it in.
VIP pass to the property, protects against gazumping. Complete the sale? Fee refunded. Things go sideways? Sometimes non-refundable.
Head to our website for full details – or skip the scrolling and just call.
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
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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
Agent & docs
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FAQ
About 15a, Crammavill Street, Grays
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