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Long Lane, Grays, Essex, RM16 2PL

London

£475,000
Listed on 17/03/2026

Property Details

Bedrooms
3
Type
Semi Detached

Description

This 1930s semi-detached home, located at a strategic corner position, is a promising investment opportunity for those looking to infuse modernity into a property rich in character. With the same family having owned it since its construction, the home exhibits well-maintained original features while presenting ample room for improvement and personalization. The ground floor offers a capable layout with two reception rooms that can easily be reconfigured into contemporary living spaces. The kitchen, while functional, could benefit from modernization and opens into an older-style conservatory that offers views of the expansive garden. Upstairs, three bedrooms provide generous space, but updating the bathroom and separate WC can significantly elevate functionality and aesthetics. The exterior impresses with its larger-than-average plot, including a sizeable rear garden complete with a paved patio and off-street parking accommodating multiple vehicles. Additionally, the detached garage and side land present further avenues for potential development or extension (subject to planning permission), making this property not only a home but also an investment with significant upside in a desirable London area.

Investment Analysis

(RM16 area)
Area Average
£415/sq ft
Avg Rent (weekly)
£375
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (RM16)

Area prices are stable by +1.7% over the last 12 months
3 year growth: +0.3%
5 year growth: +15.0%
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

Long Lane, Grays, Essex, RM16 2PL
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,695
Based on a loan of £356,250 over 30 years at 3.97% 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.

Stamp Duty Calculator

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