Fairfield Avenue, Grays, RM16
London
£545,000
Listed on 04/10/2026
Listed on 04/10/2026
The listing
Property details
Bedrooms
3Type
Detached BungalowArea
1150 sqftFeatures
- Garden
- Parking
Description
This three-bedroom bungalow has been extended to the rear, with a large open-plan living and dining area connected to the kitchen. The accommodation includes three double bedrooms and a family bathroom. The kitchen has space for dining and appliances, while the extended living area opens onto the rear garden.
Outside, the property has off-street parking for three to four cars and a generous rear garden. The listing also identifies a loft space extending across the ground-floor footprint, with potential to create additional accommodation subject to planning permission and other necessary checks. Local amenities, transport links with routes into London and schools are described as being nearby.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
45out of 100
Grade ELow opportunity
Confidence: MEDIUM
This is a well-kept, extended bungalow with a generous open-plan living and dining area, garden access, and a maintained rear garden. The dated but usable kitchen offers scope for a cosmetic refresh, while the advertised loft potential could be worth exploring separately; feasibility and permissions are not established by the photos.
The main drawback is the price: at £545,000, it is around 14% above the local £/sqf average. Adding the £5,000–£15,000 refurb range also leaves the purchase cost plus works stretched against the local benchmark for this floor area. That comparison is with current local average value, not a forecast of the value after improvements.
Key opportunities
- Refresh the dated, apparently serviceable kitchen to bring its look in line with the otherwise tidy presentation.
- Make use of the spacious open-plan living and dining area, with glazed doors opening towards the garden.
- Explore the advertised loft potential, subject to establishing feasibility and permissions.
Key risks
- At the asking price, adding the stated £5,000–£15,000 refurb range leaves the purchase-and-works cost high relative to the local benchmark for this floor area.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£2,059
Based on a loan of £408,750 over 30 years at 4.45% 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.
Tax
Stamp duty calculator
Indicative tax based on the asking price and the options you select.
Pricing
Price history
+3.8% since listed
£545,000+£20,000(+3.8%)
04/10/2026£525,000Initial listing
11/03/2026Services
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