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College Road, Grays, Essex, RM17

London

£160,000
Listed on 15/02/2026

Property Details

Bedrooms
2
Type
Flat
Area
495 sqft

Description

This two-bedroom maisonette, situated in a serene cul-de-sac in Grays, Essex, presents a noteworthy opportunity for investors and first-time buyers alike. With a long lease and no onward chain, the property is perfectly poised for those looking to enhance its value through renovation. The layout encompasses a spacious lounge and separate kitchen alongside two generously sized bedrooms and a family bathroom, providing ample scope for modernisation and personalisation. The shared rear garden adds an appealing outdoor space that could be transformed into a delightful retreat. Located conveniently near local shops, schools, and transport links, this home offers significant potential within a sought-after residential area in Grays. Viewing is highly recommended to fully appreciate the possibilities this property holds.

Investment Analysis

(RM17 area)

Below Market Value

This property is priced -16.4% below area average per sq ft

-16.4%
Potential saving
This Property
£323/sq ft
Area Average
£387/sq ft
Avg Rent (weekly)
£316
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£210,476
10% above area average per sq ft
Potential ROI
+13.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
37%
Properties sold annually

Local Market Trend (RM17)

Area prices are rising by +4.3% over the last 12 months
3 year growth: +3.7%
5 year growth: +18.3%
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 Road, Grays, Essex, 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
£577
Based on a loan of £120,000 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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