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DANIEL CLOSE, Chafford Hundred, Grays

London

£425,000
Listed on 17/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
861 sqft

Description

Situated on a generous corner plot, this detached three-bedroom home presents a solid foundation for renovation and personalization. Offered with no onward chain, the property provides immediate accessibility for those looking to invest in a space that can be tailored to their needs. The entrance hall welcomes you with laminated flooring and leads into a spacious lounge. Featuring double glazed windows both at the front and side, the area is filled with natural light, creating an inviting atmosphere. A staircase connects this room to the upper floor, while fitted storage cupboards provide practical solutions for organization. Adjacent to the lounge is a fitted kitchen and dining area, which measures 15'2 x 9'4. This space features double glazed doors that open directly into the rear garden, enhancing connectivity between indoor and outdoor living. The kitchen includes essential appliances such as an oven hob and extractor fan, along with ample cabinetry for storage. The part-tiled walls contribute to its functional design. Upstairs, the landing provides access to three well-proportioned bedrooms. The master bedroom features fitted mirrored wardrobes, optimizing space while adding functionality. The second bedroom includes additional wardrobe space, while the third bedroom has built-in furniture designed for practicality in smaller spaces. Each room benefits from natural light via double glazed windows. The bathroom is equipped with essential fixtures including a panelled bath with shower above and modern amenities like a heated towel rail. Outdoors, the property boasts both front and rear gardens. The front garden features a driveway suitable for off-street parking alongside lawned areas that enhance curb appeal. The garage provides convenient storage or workspace options, while a gate allows side access to the rear garden which is complemented by patio space and further lawn areas – perfect for outdoor activities or potential landscaping improvements. Given its size and layout, there’s ample scope for extension or reconfiguration under planning permission guidelines. This property is not only ideal for those seeking a family home but also offers significant investment potential in a desirable location with strong rental prospects or future resale value after renovations are completed.

Investment Analysis

(RM16 area)

Above Market Value

This property is priced +21.7% above area average per sq ft

+21.7%
This Property
£494/sq ft
Area Average
£406/sq ft
Avg Rent (weekly)
£364
Avg Yield
4.6%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£384,238
10% above area average per sq ft
Potential ROI
-14.6%
After renovation
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

DANIEL CLOSE, Chafford Hundred, Grays
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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
£1,557
Based on a loan of £318,750 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