3-bedroom bungalow · RM16 2PP
For saleListed today
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Fantastic opportunity ! Detached bungalow with twin Garage upon enviable, beneficial plot accessible from Long Lane and Windsor Avenue. Great Potential ! Guide Price £450,000 to £500,000.
No Onward Chain !
Guide Price £450,000 to £500,000 Long Lane Grays Essex RM16 2PP ------------------------------------------------- There's plenty of scope for further extension as well as maybe annexe/outbuilding development opportunity (s.t.r.c) at this charming detached bungalow, offering approximately 936 sq ft accomodation, accessible from both Long Lane and Windsor Avenue, and being ideally situated in a popular, RM16, Grays, Essex location.
Boasting versatile 2/3 three well-proportioned bedrooms, this property presents a fantastic opportunity for those seeking a comfortable home with scope to personalise and modernise.
The bungalow benefits from having a significant amount of off-street parking with driveway front and also at the rear of plot as well as garage area, providing ample space for vehicles and storage.
Outside, a very generous garden offers a tranquil retreat, perfect for gardening enthusiasts or outdoor entertaining.
While the property does require some refurbishment, it presents excellent potential to create a delightful family home in a convenient location.
With easy access to local amenities, M25/A13 and transport links, this accessible property has plenty to offer.
Early viewing is highly recommended to fully appreciate the scope and potential on offer.
------------------------------------------------------ Check out the virtual tour of home and plot ( click on 360 icons within virtual tour for exterior 360's.
------------------------------------------------------- Dimensions: Entrance Hallway Reception 2 14'9" x 10'1" (4.5m x 3.07m) Kitchen Breakfast Room 22' x 6'8" (6.7m x 2.03m) Bathroom 6'4" x 5'10" (1.93m x 1.78m) Bedroom 1 13'8" x 11'11" (4.17m x 3.63m) Bedroom 2 12' x 10'1" (3.66m x 3.07m) Reception 1/ Bedroom 3 14'9" x 11'11" (4.5m x 3.63m) Front & Rear Parking Front & Rear Garden Twin Garage --------------------------------------------------- Aml Checks – By law, we must carry out an Anti-Money Laundering (aml) check for each buyer.
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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
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FAQ
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