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St. Francis Way, Grays

London

£500,000

Listed on 20/06/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1453 sqft

Description

This extended three-bedroom semi-detached family home presents a unique opportunity for those looking to invest in a property with significant potential. With approximately 1,456 sq. ft. of living space, it features a spacious detached garage and an additional study area, ideal for home office use or creative pursuits. The property showcases a large 19ft living room that flows naturally into an impressive open-plan living/dining area, providing direct access to the garden—an excellent layout for entertaining and family activities. While the kitchen offers functional space, it is ripe for modernisation or reconfiguration to suit contemporary tastes. On the first floor, you will find three generously sized bedrooms, including two doubles and a single that can serve as a nursery or home office. The family bathroom is conveniently located off the central landing. The external features are equally appealing; the detached garage/workshop is substantial at 23ft and offers opportunities for conversion or use as additional workspace subject to planning approvals. With private gardens and off-street parking available, this property is set in a popular residential location close to amenities, schools, and transport links—making it a great choice for families or investors looking to personalise and enhance their new home.

Investment Analysis

(RM16 area)

Below Market Value

This property is priced -16.8% below area average per sq ft

-16.8%
Potential saving
This Property
£344/sq ft
Area Average
£414/sq ft
Avg Rent (weekly)
£400
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£661,137
10% above area average per sq ft
Potential ROI
+22.4%
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

St. Francis Way, Grays
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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
£1,889
Based on a loan of £375,000 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.

Stamp Duty Calculator

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