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The Chase, Grays

London

£210,000
Listed on 20/04/2026

Property Details

Bedrooms
2
Type
Flat
Area
614 sqft

Description

This top-floor two-bedroom apartment is situated within a sought-after modern development in London, offering potential for significant renovation. The property features a balcony accessible from both the living room and the main bedroom, providing an appealing outdoor space. While it currently requires internal updates, this presents a valuable opportunity for investors or buyers looking to customize their living environment. Externally, residents benefit from communal gardens and allocated parking, enhancing the property's appeal. Given its no-chain status and the need for some refurbishment, this apartment can be transformed into a contemporary living space that aligns with current design trends.

Investment Analysis

(RM20 area)

Below Market Value

This property is priced -13.3% below area average per sq ft

-13.3%
Potential saving
This Property
£342/sq ft
Area Average
£395/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£266,445
10% above area average per sq ft
Potential ROI
+11.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (RM20)

Area prices are falling by -3.2% over the last 12 months
3 year growth: +12.6%
5 year growth: +1.6%
Investment Disclaimer: Analysis based on RM20 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

The Chase, Grays
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Mortgage Calculator

£
£
£
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%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£744
Based on a loan of £157,500 over 30 years at 3.91% 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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