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College Avenue, Grays, RM17

London

£500,000
Listed on 07/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached residence situated on the desirable College Avenue in North Grays presents a promising opportunity for renovation and investment. While the property boasts a recently refreshed exterior and ample driveway space, there is significant potential to enhance both its functionality and aesthetic appeal. The bright conservatory adds extra living space, but could benefit from modernisation to fully integrate with the home's overall design. The internal layout includes an inviting reception room with a charming bay window, a cloakroom, a spacious dining area with high ceilings, and an additional rear reception that opens into the kitchen. The existing kitchen is equipped with some appliances that may need updating or replacement to meet contemporary standards. Upstairs, you'll find three well-sized bedrooms, including a principal room with fitted wardrobes; however, improvements could enhance comfort and style. A four-piece family bathroom serves this level effectively, though modern upgrades could be beneficial. Furthermore, the boarded loft includes electrics and offers excellent potential for future expansion subject to planning approval. Outside, the garden is sizable with side access leading to a double garage—this versatile space could be refurbished for added functionality or even transformed into additional living quarters if desired. Overall, this property is situated in a prime location close to Grays town centre and transport links, making it an ideal candidate for those looking to invest in a home that can be tailored to individual tastes over time.

Investment Analysis

(RM17 area)
Area Average
£383/sq ft
Avg Rent (weekly)
£319
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

College Avenue, Grays, RM17
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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
£1,803
Based on a loan of £375,000 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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