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Queensgate Centre, Orsett Road, Grays

London

£90,000Guide Price

Listed on 03/07/2026

Property details

Bedrooms
1
Type
Flat

Description

This third-floor flat presents a notable opportunity for investment, situated in the bustling town centre of Grays. It is conveniently positioned for local amenities and boasts excellent rail connections to London via the C2C line, making it an attractive prospect for potential tenants or buyers. While the flat requires some refurbishment, it features a communal entrance with both stair and lift access. The private layout includes a reception hallway leading to an open-plan living room and kitchen area, along with a bedroom that has an en-suite shower room/W.C. Given its current condition and location, this property holds significant renovation potential for those looking to enhance its value. Offered at auction, it's expected to draw attention from investors keen on capitalising on the strong rental market in this area.

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Investment analysis

(RM17 area)
Area Average
£388/sq ft
Avg Rent (weekly)
£321
Avg Yield
5.6%

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
19
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (RM17)

Area prices are stable by +1.3% over the last 12 months
3 year growth: +1.8%
5 year growth: +11.9%
Investment Disclaimer: Analysis based on RM17 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

Queensgate Centre, Orsett Road, 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
£340
Based on a loan of £67,500 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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