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Salisbury Road, Grays

London

£225,000
Listed on 06/10/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom terraced house presents an appealing opportunity for those looking to invest or embark on their first home journey. Located within a half-mile radius of Grays town center, it offers convenient access to local amenities and is a short distance from the C2C train station, providing direct links to central London in approximately 35 minutes. The property features double-glazed windows and gas central heating, although these systems have not been tested recently. The interior layout includes a lounge measuring 14'5” x 11'10”, a separate dining room at 11'10” x 10'9”, and a compact kitchen of 10'6” x 7'5”. Upstairs, both bedrooms are well-proportioned, with Bedroom One measuring 11'9” x 10'8” and Bedroom Two at 11'9” x 10'9”. While the home could benefit from some updating, this renovation potential allows for customization according to personal taste and modern standards. The rear garden space extends opportunities for outdoor enjoyment or landscaping improvements, complemented by vehicular hardstanding at the back of the property. With no upward chain involved, this house is ready for immediate viewing and presents itself as an excellent candidate for those seeking a project that can yield significant returns or serve as a comfortable first residence. As such, it invites buyers to explore its possibilities and envision its future transformation.

Investment Analysis

(RM17 area)
Area Average
£379/sq ft
Avg Rent (weekly)
£309
Avg Yield
5.0%

Renovation Potential

Est. Renovation Cost
£22,500 - £56,250
10-25% of property value
Monthly Sales
15
Average per month
Market Turnover
48%
Properties sold annually

Local Market Trend (RM17)

Area prices are rising by +5.7% over the last 12 months
3 year growth: 8.7%
5 year growth: 24.7%
Investment Disclaimer: Analysis based on RM17 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Salisbury Road, Grays
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