2-bedroom terraced house · RM16 6AY
Sold STCReduced £15k (−3.9%) on 10 SepListed 57 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the popular and established Southwell Close, this well-presented two-bedroom end of terrace house offers comfortable and practical living accommodation throughout, making it an excellent opportunity for first-time buyers, downsizers or buy-to-let investors alike.
Upon entering the property, you are welcomed by a central entrance hall which provides access to the principal ground floor rooms and staircase leading to the first floor.
The kitchen is positioned to the front of the property and is fitted with a range of wall and base units, providing ample storage and workspace for everyday cooking and entertaining.
A particularly attractive feature of the home is the spacious open-plan living and dining room located to the rear.
This bright and versatile reception space offers plenty of room for both seating and dining furniture, creating the perfect environment for relaxing with family or entertaining guests.
Double doors open directly onto the rear garden, allowing natural light to flood the room and providing an excellent connection between the indoor and outdoor living spaces.
Completing the ground floor is a convenient cloakroom/WC, an increasingly sought-after feature for modern living.
The first-floor landing gives access to two well-proportioned bedrooms and the family bathroom.
The principal bedroom is a generous double room benefiting from built-in wardrobe storage and offers ample space for additional bedroom furniture.
The second bedroom is also a good size and would make an excellent guest room, child's bedroom or home office, providing flexibility for a variety of lifestyles.
The family bathroom is fitted with a three-piece suite comprising a panelled bath, wash hand basin and low-level WC.
Externally, as an end of terrace property, the home enjoys additional privacy and a pleasant position within the development.
The rear garden provides an ideal space for outdoor dining, summer barbecues and family enjoyment, while the property's location offers convenient access to local amenities, schools, transport links and nearby shopping facilities.
This attractive home combines practical accommodation with a desirable residential setting and is sure to appeal to a wide range of purchasers seeking a property ready to move into whilst still offering scope to personalise and add value over time.
Early viewing is highly recommended to fully appreciate all that this charming home has to offer.
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
Agent & docs
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FAQ
About 20, Southwell Close, Grays
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