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Gordon Road, Grays

London

£450,000
Listed on 21/03/2026

Property Details

Bedrooms
3
Type
Bungalow
Area
657 sqft

Description

This three-bedroom semi-detached bungalow is a solid investment opportunity, situated in the desirable Woodside area of Grays. The property features a well-proportioned layout that includes three sizable bedrooms, allowing for comfortable living and abundant natural light throughout. The lounge opens up to a south-facing garden, providing an ideal setting for outdoor gatherings and family activities. Although the bungalow has been recently redecorated and equipped with a new boiler, it retains significant potential for further enhancement or extension (subject to planning permission). The kitchen offers direct access to the garden, making it functional for modern living while also leaving room for updates tailored to personal tastes. Externally, you will find convenient driveway parking alongside a separate garage that can be utilized for various purposes such as storage or workshop activities. The mature garden is beautifully maintained and enjoys sun exposure all day, presenting ample space for outdoor furniture or even additional landscaping projects. Located within close proximity to local schools, transport options, parks, and shopping amenities, this property combines a peaceful residential atmosphere with excellent accessibility. This bungalow not only provides immediate comfort but also significant scope for future development or customization.

Investment Analysis

(RM16 area)

Above Market Value

This property is priced +67.8% above area average per sq ft

+67.8%
This Property
£685/sq ft
Area Average
£408/sq ft
Avg Rent (weekly)
£369
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£294,934
10% above area average per sq ft
Potential ROI
-39.8%
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

Gordon Road, 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
£1,623
Based on a loan of £337,500 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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