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19 Armada Court, Chafford Hundred, Grays, Essex, RM16 6QU - Image 1
19 Armada Court, Chafford Hundred, Grays, Essex, RM16 6QU - Image 2
19 Armada Court, Chafford Hundred, Grays, Essex, RM16 6QU - Image 3
19 Armada Court, Chafford Hundred, Grays, Essex, RM16 6QU - Image 4
19 Armada Court, Chafford Hundred, Grays, Essex, RM16 6QU - Image 5
19 Armada Court, Chafford Hundred, Grays, Essex, RM16 6QU - Image 6
19 Armada Court, Chafford Hundred, Grays, Essex, RM16 6QU - Image 7
19 Armada Court, Chafford Hundred, Grays, Essex, RM16 6QU - Image 8

19 Armada Court, Chafford Hundred, Grays, Essex, RM16 6QU

London

£115,000
Listed on 13/05/2026

Property Details

Bedrooms
1
Type
Flat

Description

This ground floor one-bedroom leasehold flat presents a noteworthy investment opportunity, especially for those looking to enter the buy-to-let market. Located conveniently with easy access to the A13/M25 and essential amenities such as the Lakeside Shopping Complex and Grays Town Centre, this property is ideally situated approximately 1 mile from Grays Railway Station. The flat features an open plan lounge/kitchen and a modest bedroom area, along with a shower room. While the property is currently vacant and would benefit from some refurbishment, it holds significant potential for transformation into a desirable rental unit or starter home. An included covered parking bay adds extra convenience, complemented by visitor spaces and communal garden areas. With a long lease of 125 years starting in 1989 and an annual service charge of around £1140, this property can be a sound addition to any investment portfolio.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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

19 Armada Court, Chafford Hundred, Grays, Essex, RM16 6QU
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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
£410
Based on a loan of £86,250 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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