2-bedroom house · RM17 5SY
Listing removedReduced £25k (−6.7%) on 20 JunListed 192 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Chain free- one level - lovely condition!
Quote Ref: WD1273 This attractive and generously proportioned two-bedroom detached bungalow has been recently redecorated throughout and is ideally positioned on the sought-after Chadwell Road.
The property enjoys a convenient location within close proximity to Grays High Street, a range of local amenities, excellent transport links including nearby bus routes, and the well-regarded Orchard Garden Centre.
Offered to the market with no onward chain, this home presents an ideal opportunity for buyers looking for a smooth and hassle-free purchase.
Internally, the property offers well-balanced and versatile accommodation. There are two good-sized bedrooms, both providing comfortable living space with ample room for furnishings.
The bright and airy lounge serves as a welcoming focal point of the home, benefitting from plenty of natural light and offering an ideal setting for both relaxing and entertaining.
The kitchen is well-appointed and features a range of fitted units, providing ample storage and workspace, with potential for further modernisation if desired.
The bathroom is neatly presented and conveniently located to serve both bedrooms. Externally, the property continues to impress.
The rear garden is low maintenance, making it perfect for those seeking outdoor space without the upkeep, and also benefits from useful rear access.
To the front and side, there is off-street parking along with access to a garage, providing additional storage or secure parking options.
Further benefits include double glazing and gas central heating throughout, ensuring comfort and efficiency all year round.
This charming bungalow represents a fantastic opportunity for a variety of buyers, including downsizers, first-time buyers, or investors, offering a combination of space, convenience, and potential in a desirable location.
£375,000 - £400,000 Porch Entrance Hall Living Room 3.66m x 3.64m (12'0" x 11'11") Kitchen 3.69m x 3.33m (12'1" x 10'11") Bedroom One 3.91m x 3.64m (12'9" x 11'11") Bedroom Two 2.73m x 2.57m (8'11" x 8'5") Bathroom 2.5m x 1.29m (8'2" x 4'2") Rear Garden Garage 4.89m x 2.56m (16'0" x 8'4") Off street parking money laundering regulations: By law, we are required to conduct anti money laundering checks on all intending sellers and purchasers and take this responsibility very seriously.
In line with hmrc guidance, our partner, MoveButler, will carry on these checks in a safe and secure way on our behalf. Once an offer has been accepted (sstc).
MoveButler will send a secure link for the biometric checks to be completed electronically. There is a non-refundable charge of £30 (inclusive of VAT) per person for these checks.
The Anti Money Laundering checks must be completed before the memorandum of sale can be sent to solicitors confirming the sale.
Value & comps
No previous sales on record.
Returns
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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 51, Chadwell Road, Grays
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