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Templer Avenue, Grays, Essex, RM16

London

£425,000

Listed on 04/06/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
2149 sqft

Description

This extended three or four-bedroom family home in Chadwell St Mary offers significant renovation and investment potential. With ample space and a versatile layout, the property stands as a promising project for buyers looking to put their personal touch on a residence. The entrance hallway welcomes you into a spacious lounge and dining area, which is perfect for both family gatherings and entertaining guests. The kitchen/sun room, featuring dual aspect windows and patio doors, serves as the home's central hub. While currently functional, this space could benefit from modern updates to enhance its appeal. On the first floor, you'll find three generously sized bedrooms. The master bedroom comes with an en-suite shower room and a dressing area that is presently used as an office but can easily be converted to meet new owners' requirements. A large family bathroom completes this level, all of which are presented in good condition yet hold promise for further enhancement. The exterior boasts a substantial rear garden, ideal for families and social events. Additional features include solar panels and a sizable garage offering conversion possibilities (subject to planning permission), as well as off-street parking. Set in a desirable residential location with an inviting outlook, this property represents a fantastic opportunity for those seeking both space and future potential in their investment. Chadwell St Mary provides convenient access to various amenities, educational institutions, and transport links including direct trains to London Fenchurch Street. Its proximity to Lakeside Regional Shopping Centre and major roadways like the M25 makes it an attractive area for families.

Investment Analysis

(RM16 area)

Below Market Value

This property is priced -52.2% below area average per sq ft

-52.2%
Potential saving
This Property
£198/sq ft
Area Average
£414/sq ft
Avg Rent (weekly)
£400
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£977,827
10% above area average per sq ft
Potential ROI
+108.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (RM16)

Area prices are stable by +1.0% over the last 12 months
3 year growth: -0.2%
5 year growth: +14.1%
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

Templer Avenue, Grays, Essex, RM16
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,606
Based on a loan of £318,750 over 30 years at 4.45% 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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