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Grove Road, Grays, RM17

London

£350,000
Listed on 14/04/2026

Property Details

Bedrooms
2
Type
Terraced
Area
942 sqft

Description

This two-bedroom freehold house in Grays offers a generous 942 sq. ft. of living space, providing an excellent foundation for renovation or investment potential. While the property is in good condition and can be moved into immediately, it presents opportunities for enhancement, particularly with its spacious layout and substantial loft space that could be converted or extended (subject to necessary permissions). The well-sized reception area and separate dining space suggest the possibility of modern redesigns that could optimize the flow of light and accessibility. Both bedrooms are adequately proportioned, and the existing family bathroom features both a bathtub and a walk-in shower—areas where minor updates could add significant value. The private rear garden serves as a tranquil setting, yet it also invites creative landscaping ideas. Although currently featuring gas central heating and double glazing, additional modernization efforts could further elevate its appeal, especially to future buyers who seek contemporary living standards in this growing area.

Investment Analysis

(RM17 area)

Below Market Value

This property is priced -4.9% below area average per sq ft

-4.9%
Potential saving
This Property
£372/sq ft
Area Average
£391/sq ft
Avg Rent (weekly)
£316
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£404,792
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
22
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (RM17)

Area prices are stable by -0.3% over the last 12 months
3 year growth: -0.9%
5 year growth: +10.7%
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

Grove Road, Grays, RM17
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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
£1,249
Based on a loan of £262,500 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

Price History

-6.7% since listed
£350,000£25,000(-6.7%)
21/04/2026
Current price
£375,000Initial listing
15/04/2026

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