We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom terraced house · RM20 3BF
Listing removedListed 248 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £450,000 - £475,000.
Positioned within the ever-popular “Renovo” development in Grays, this stylish three bedroom end-terraced home was built in 2020 by the highly regarded Bellway Homes and comes with approximately four years remaining on its NHBC warranty - modern living with built-in peace of mind.
Location-wise, it’s hard to beat.
You’re just a stone’s throw from Lakeside Shopping Centre and the ever-convenient West Thurrock Retail Parks, meaning retail therapy, dinner plans and last-minute essentials are all within easy reach.
For commuters, Chafford Hundred railway station offers direct routes into London Fenchurch Street - city access without the city postcode price tag.
Step inside and you’re greeted by a welcoming entrance hallway that immediately sets a bright and contemporary tone.
The lounge/diner is a lovely size, offering the perfect backdrop for cosy evenings, family time or hosting friends.
The modern kitchen is sleek and well-appointed with integrated appliances, providing both style and substance - whether you’re a confident home cook or more of a takeaway connoisseur.
The ground floor also benefits from a highly practical WC/utility room - because everyday convenience should never be underestimated.
Upstairs, three well-proportioned bedrooms provide flexible accommodation for families, guests or home working.
The principal bedroom enjoys its own en-suite shower room, while a modern family bathroom serves the remaining rooms. Outside is where this home really comes into its own.
The rear garden is a great size and ideal for entertaining, relaxing or letting little ones run free.
The addition of a summerhouse with power and light opens up exciting possibilities - home office, gym, creative studio or the ultimate garden retreat.
To the front, the property enjoys a pleasant outlook over greensward, giving a sense of openness rarely found on modern developments.
Two allocated parking spaces and visitor parking complete the package. Smart, sociable and superbly located - this is modern family living done properly.
Area Guide – Grays & Renovo Development Situated on the highly popular “Renovo” development, this home enjoys a prime location in Grays, offering a blend of modern convenience and family-friendly surroundings.
Residents benefit from excellent access to retail and leisure facilities, with Lakeside Shopping Centre and West Thurrock Retail Park just a short walk away, providing a wide selection of shops, restaurants, cafes, and social hubs.
For commuters, Chafford Hundred railway station is close by, offering direct services into London Fenchurch Street, making city access quick and convenient.
Road connections are also strong, with easy routes to the A13 and M25.
The area is well served by schools, parks, and local amenities, while the development itself is known for its modern homes, safe streets, and community-oriented feel.
Combining practicality with lifestyle, Grays and the Renovo development remain highly sought-after for families, first-time buyers, and professionals alike.
The small print: Local Authority: Thurrock Council Tax Band: D Estate Charge £35.00 per month We’ve done our homework, but we aren’t fortune tellers.
We haven’t poked the boiler, flicked the switches, or tested every light bulb.
Nothing here counts as a contract or statement of fact-get your solicitor to check all the serious stuff, like tenure, parking, planning permission, building regs, and all that jazz! Measurements?
Guides only. Floorplans? Handy, but not perfectly to scale. Travelling far? Call first-clarification is free, petrol is not.
We may receive a referral fee if you choose to use third-party services we recommend, such as conveyancers, mortgage advisers, or EPC providers, but you are under no obligation to do so.
Aml Checks - Law says we must run one. £80 + VAT per buyer. Tiny toll, big compliance. Buyer Reservation Fee - Offer accepted? Pay a reservation fee (min £1,000) to lock it in.
VIP pass to the property, protects against gazumping. Complete the sale? Fee refunded. Things go sideways? Sometimes non-refundable.
Head to our website for full details – or skip the scrolling and just call.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 8, Draycote Road, Grays
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