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Jenningham Drive, Grays

London

£350,000

Listed on 08/07/2026

Property details

Bedrooms
3
Type
Terraced
Area
966 sqft

Description

Situated in the sought-after area of Stifford Clays, this three-bedroom terraced home presents a promising opportunity for buyers to tailor their living space to their preferences. The property is in a move-in condition but offers significant potential for enhancements both inside and out, including possibilities for a rear extension or a loft conversion pending necessary planning approvals. The ground floor layout features a spacious kitchen at the front, with a generously sized living room to the rear that opens into an additional room currently utilized as an office/study. On the upper level, there are three well-sized bedrooms along with a family bathroom, ideal for reconfiguring or modernizing to suit contemporary tastes. Externally, you’ll find on-street parking and a west-facing garden that basks in afternoon sunlight, perfect for outdoor activities. Located conveniently close to local schools, shops, and transport links via the A13 and M25, this property ensures access to all essential amenities while offering a tranquil residential setting. This home is chain-free and ready for the next owner to take advantage of its full potential.

Investment analysis

(RM16 area)

Below Market Value

This property is priced -12.6% below area average per sq ft

-12.6%
Potential saving
This Property
£362/sq ft
Area Average
£415/sq ft
Avg Rent (weekly)
£388
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£440,660
10% above area average per sq ft
Potential ROI
+13.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (RM16)

Area prices are stable by +0.6% over the last 12 months
3 year growth: +0.3%
5 year growth: +13.1%
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

Jenningham Drive, 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
£1,322
Based on a loan of £262,500 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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