1-bedroom flat · RM20 4BF
For saleReduced £10k (−5.3%) on 25 JunListed 149 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***guide price £190,000-£200,000*** stop looking and start viewing!
Welcoming to the market is this beautifully presented and generously proportioned one-bedroom ground floor apartment, complete with its own private balcony.
Ideally suited to first-time buyers and investors alike, this fantastic property offers an excellent opportunity to acquire a spacious home within a popular and highly sought-after location.
Internally, the property comprises a welcoming entrance hallway leading into a modern open-plan lounge/kitchen area, designed for both comfort and practicality.
The bright and airy lounge benefits from direct access onto a private, independent block-paved balcony-perfect for relaxing or entertaining.
The apartment further offers a large double bedroom, a well-appointed three-piece bathroom suite, and the added benefits of double glazed windows throughout.
There is also secured communal bin stores and a bicycle room. Early internal viewing is highly recommended to fully appreciate the space, style, and location this superb apartment has to offer.
Grays is a popular residential town in Essex offering an array of amenities, shops and schools. There is a mainline railway station with direct links into London Fenchurch Street.
The Lakeside Regional Shopping Centre and M25/A13 Dartford River Crossing are within easy access.
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 6, The Chase, Essex
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