2-bedroom flat · RM17 5NL
Listing removedReduced £50 (−3.6%) on 25 JulListed 143 days · slow let
Opportunity summary
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About
**Zero Deposit Guarantee Available** Holding Deposit: 323.08 summary A neutrally decorated Second floor 2-bedroom flat to let in Grays, featuring an open-plan kitchen/reception room with balcony overlooking communal gardens, two double bedrooms, modern bathroom with separate WC, parking and a garage, all within easy reach of amenities and Grays station for convenient commuting to London.
Description This neutrally decorated first-floor 2-bedroom flat is available **to let** in the popular town of Grays, offering generous room sizes and a practical layout suited to families and commuters alike.
At the heart of the home is an open-plan kitchen and reception area, benefitting from natural light, large windows and a pleasant garden view.
From here, doors open onto a private balcony overlooking the communal garden, creating a comfortable space to relax or enjoy fresh air.
The kitchen area is designed to work well for everyday cooking and dining.
There are two double bedrooms, including a master bedroom, providing flexible space for sleeping, working from home or additional storage.
The bathroom is modern, with an over-bath shower and heated towel rail, plus a separate toilet for added convenience.
Outside, residents have access to a communal garden, as well as the advantage of parking. The flat is well placed for local amenities in Grays, including nearby schools, shops and everyday services.
Local parks provide green space for walking and leisure.
Grays station offers regular services into London Fenchurch Street, with journey times typically around 35–40 minutes, making this a practical base for commuting.
Bus links and road connections also provide access to surrounding areas and shopping facilities. The property has an EPC rating of D and falls within Council Tax Band A.
Rent pcm £1,400.00 EPC Rating: D Council Tax Band: A Traditional 5 week security deposit: £1,615.38 "This property has our special Zero Deposit Option whereby instead of paying a Traditional 5 week security deposit as detailed above.
Which means that instead of paying a traditional Five weeks security deposit you pay a fee of one week’s rent + £59.99 admin charge to become a member of the zero deposit free renting scheme which significantly reduces the up-front costs." Zero Deposit Option: £383.07 Please contact us for more information Holding deposit £323.08 While every reasonable effort is made to ensure the accuracy of descriptions and content, we should make you aware of the following guidance or limitations.
(1) money laundering regulations – prospective tenants will be asked to produce identification documentation during the referencing process and we would ask for your co-operation in order that there will be no delay in agreeing a tenancy.
(2) These particulars do not constitute part or all of an offer or contract. (3) The text, photographs and plans are for guidance only and are not necessarily comprehensive.
(4) Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully to satisfy yourself of their accuracy.
(5) You should make your own enquiries regarding the property in respect of things such as furnishings to be included/excluded and what facilities are/are not available.
(6) Before you enter into any tenancy for one of the advertised properties, the condition and contents of the property will normally be set out in a tenancy agreement and inventory.
Please make sure you carefully read and agree with the tenancy agreement and any inventory provided before signing these documents.
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
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FAQ
About 40c, Southend Road, Essex
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