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Grifon Road, Grays, RM16

London

£450,000
Listed on 24/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1143 sqft

Description

This 3-bedroom semi-detached family home, located in the desirable Chafford Hundred area, presents an excellent opportunity for renovation or investment. In addition to its spacious layout, this property boasts two bathrooms, a garage, and a conservatory that enhances living space. While the house is currently in good condition and allows for immediate occupancy, there exists significant potential for expansion and modernization. The entrance hall leads to a convenient ground-floor WC and a comfortable living room that invites relaxation. At the heart of the home, the eat-in kitchen diner is fitted with modern units and integrates essential appliances, making it ideal for family gatherings. The adjacent conservatory provides additional flexible space suitable for various uses while offering delightful garden views. Upstairs, three well-sized bedrooms equipped with fitted wardrobes share a well-maintained family bathroom. Although the decor is well-kept, those looking to personalize or upgrade the interiors can do so with relative ease. Outside, off-street parking is available alongside a side garage that presents further possibilities for extension (subject to planning approvals). The landscaped rear garden features outdoor dining space and established greenery, providing a safe haven for children and pets. Situated in Chafford Hundred—an area known for its community spirit and safety—this property is conveniently close to excellent schools, parks, and shops as well as great transport links to London via Chafford Hundred station. This semi-detached home not only offers ample living space but also promises future growth potential in a sought-after neighborhood.

Investment Analysis

(RM16 area)

Below Market Value

This property is priced -2.7% below area average per sq ft

-2.7%
Potential saving
This Property
£394/sq ft
Area Average
£405/sq ft
Avg Rent (weekly)
£389
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£508,766
10% above area average per sq ft
Potential ROI
+3.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
41%
Properties sold annually

Local Market Trend (RM16)

Area prices are rising by +3.7% over the last 12 months
3 year growth: +3.0%
5 year growth: +19.4%
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

Grifon Road, Grays, RM16
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,623
Based on a loan of £337,500 over 30 years at 4.06% 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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