1-bedroom flat · RM17 6XD
Listing removedListed 64 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Sincere Lettings are delighted to offer this first floor apartment with private off road parking facilities, close proximity to Grays Town Centre and Railway Station, also less than 2 miles away from Tilbury Town Station and Chafford Hudred Station, located just off Southend Road on Highgrove Mews RM17.
This contemporary apartment comes unfurnished with white goods only. Consisting of generous size bedroom with wardrobe, fully fitted kitchen, bathroom suite and large living room.
Further benefits from private off street parking, secured entry system, double glazing, modern neutral décor.
Available 1st week of october coming unfurnished EPC :D *Tenant Fees* Rent: As stated Holding Deposit: 1 week’s rent Tenancy Deposit: 5 weeks’ rent (capped at £50,000 annual rent) Changes to the tenancy requested by the tenant: £50 (or reasonable costs incurred) Early termination (if requested by the tenant): Landlord’s reasonable costs Default fees: Late rent interest (3% above Bank of England base rate after 14 days), replacement keys/security devices No other fees are payable.
Full details of permitted payments can be found on our website:
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 29, Highgrove Mews, Grays
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