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Waverley Gardens, Grays

London

£375,000
Listed on 11/03/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
936 sqft

Description

Nestled in a serene cul-de-sac in North Grays, this three-bedroom home presents an excellent opportunity for family living and investment. With sought-after schools nearby and excellent transport links to the M25 and A13, as well as proximity to Lakeside Shopping Centre, this location is both convenient and appealing. The property features a spacious lounge that seamlessly transitions into a dining room, which provides access to a galley kitchen that, while currently functional, shows potential for transformation. Plans could potentially include opening up the kitchen to create an expansive family area, or even extending it to the rear subject to planning permissions. Upstairs offers two generously sized double bedrooms equipped with fitted wardrobes and a smaller third bedroom suitable for various uses. The shower room includes essential fixtures but could benefit from modern updates. The rear garden boasts both patio and lawn spaces offering a blank canvas for landscaping. Additionally, several properties in this area have successfully undergone loft conversions, presenting further scope to expand as your family grows. With decades of ownership having left this home in need of modernization, it's ready for an owner with vision looking to imprint their personal style and enhance its value.

Investment Analysis

(RM16 area)

Below Market Value

This property is priced -1.8% below area average per sq ft

-1.8%
Potential saving
This Property
£401/sq ft
Area Average
£408/sq ft
Avg Rent (weekly)
£369
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£420,180
10% above area average per sq ft
Potential ROI
+1.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
45%
Properties sold annually

Local Market Trend (RM16)

Area prices are rising by +3.3% over the last 12 months
3 year growth: +2.2%
5 year growth: +17.6%
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

Waverley Gardens, 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
£1,352
Based on a loan of £281,250 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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