2-bedroom terraced house · RM20 3JF
No longer listedReduced £35 (−2.4%) on 24 SepListed 50 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**RENT £1,475.00 | FIVE WEEK SECURITY DEPOSIT: £1,701.00** To Let – two-bedroom terraced house in Grays, offered in good condition and ready for immediate occupation.
The ground floor provides a bright reception room with modern wood-effect flooring and neutral décor, opening through doors to a low maintenance rear garden laid mainly to paving, with fenced boundaries and a storage shed.
The separate fitted kitchen includes contemporary units, gas hob, oven and space for appliances.
Upstairs are two bedrooms, both newly decorated in neutral tones with fitted carpets, and a family bathroom with full size bath, shower over, WC and wash basin.
The property has an EPC rating of D and falls within Council Tax Band B. To the front there are two allocated parking spaces, giving convenient off street parking.
The house is well positioned for Grays town amenities. Lakeside Shopping Centre and retail parks are a short drive away, offering a wide choice of shops, restaurants and leisure facilities.
Nearby parks and green spaces such as Chafford Gorges nature reserve provide pleasant walking routes.
Transport links are strong: Grays station is within easy reach, offering c2c services to London Fenchurch Street in around 35–40 minutes and to Southend.
Road connections are excellent, with the A13 and M25 accessible for commuting across Essex and into London.
This two-bedroom terraced house to let will suit tenants seeking practical living space, allocated parking and convenient access to transport and local facilities in Grays.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Charlotte Place, Grays, RM20
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