3-bedroom detached house · RM16 2JT
Sold STCListed 93 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
WOW! WHAT A PLOT & PROPERTY THIS IS! A LARGE DETACHED BUNGALOW IN A SOUGHT AFTER POSITION WITH 3 BEDROOMS & 2/3 RECEPTION AREAS.
LOTS OF SCOPE/SPACE FOR EXTENSION (Subject to local planning authority consent). This beautiful detached residence is a real find.
It boasts fantastic sizeable accommodation comprising; A welcoming entrance porch & entrance hall, 3 double bedrooms with wardrobes, a bright and spacious living room located to the front of the property; a link reception area that takes you from the living room to the large dining room that, in turn, overlooks the rear garden.
The kitchen is bespoke in both its design and construction providing extensive wall and base units. There is also a bathroom with white suite.
The property really shines when you enter the rear garden; Commencing with a paved patio area leading to lawned area and family entertainment/BBQ area.
There is a brick built double garage building in addition to other outbuildings. The front garden provides off road in-out parking.
The location is sought after with the local parade of shops only a short walk away.
Public transport is also easily accessible with bus routes and Grays town centre and station (C2C into London Fenchurch Street) nearby.
The property also offers a selection of schools for all ages within walking distance. Other location benefits are Blackshots leisure centre and swimming pool and Lakeside Shopping/Leisure complex.
The latter is accessible by bus, car or train . VIEWING IS SIMPLY A MUST.
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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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 Blackshots Lane, Grays, RM16
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