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Turp Avenue, Grays, RM16

London

£375,000
Listed on 18/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house

Description

This two-bedroom semi-detached bungalow offers significant renovation and investment potential, situated in the desirable Blackshots area. With no onward chain, this property presents an opportunity for those looking to create their ideal home or capitalize on its rental potential. Inside, the spacious primary bedroom features built-in wardrobes, while the secondary room serves as a versatile space suitable for guests, a nursery, or a home office. A newly renovated bathroom adds modern convenience to the layout. The living room exudes character with its fireplace and flows seamlessly into a bright dining conservatory, promoting a connected living environment. The galley-style kitchen is functional and provides ample storage options. A lean-to extends the utility of the kitchen, offering additional space that could be transformed according to your needs. Outside, you'll find a generous 70ft rear garden featuring a large outbuilding that could serve as a workshop or creative studio. The property also includes off-street parking and modern amenities such as a combi boiler and an alarm system. There is potential for future expansion with loft extension possibilities (subject to planning permission), making it an attractive option for investors or homeowners looking to add value. Located conveniently close to local schools, shops, and transport links, this bungalow combines comfortable living with investment potential in a sought-after community. Early viewing is encouraged to explore the possibilities this property has to offer.

Investment Analysis

(RM16 area)
Area Average
£406/sq ft
Avg Rent (weekly)
£364
Avg Yield
4.6%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (RM16)

Area prices are rising by +4.1% over the last 12 months
3 year growth: 3.2%
5 year growth: 20.9%
Investment Disclaimer: Analysis based on RM16 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Turp Avenue, Grays, RM16
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,374
Based on a loan of £281,250 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE