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Boscombe Avenue, Grays

London

£360,000
Listed on 26/01/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
1087 sqft

Description

Situated in a desirable area of Grays, this spacious townhouse presents a significant opportunity for renovation and customization. Spanning three floors on a sizable corner plot, the property includes a garage and a practical ground floor WC, alongside a large kitchen/diner that offers ample space for family gatherings. While the interior is in need of modern updates, it provides an excellent canvas for potential homeowners or investors looking to add value. The generous outdoor space complements the property, featuring side access to the rear garden, enhancing versatility for future landscaping or extensions. This home is conveniently located near local amenities and transport links to London, making it an attractive prospect for those ready to invest in refurbishment and personal touches.

Investment Analysis

(RM17 area)

Below Market Value

This property is priced -13.4% below area average per sq ft

-13.4%
Potential saving
This Property
£331/sq ft
Area Average
£383/sq ft
Avg Rent (weekly)
£319
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£457,475
10% above area average per sq ft
Potential ROI
+13.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
35%
Properties sold annually

Local Market Trend (RM17)

Area prices are rising by +4.4% over the last 12 months
3 year growth: +4.2%
5 year growth: +21.4%
Investment Disclaimer: Analysis based on RM17 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

Boscombe Avenue, Grays
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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
£1,298
Based on a loan of £270,000 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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