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Clarkebourne Drive, Grays

London

£425,000

Listed on 10/07/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
1042 sqft

Description

This three-bedroom semi-detached home on Clarkebourne Drive presents a promising opportunity for both families and investors. While currently maintained to a good standard, the property has substantial potential for enhancement and expansion, subject to the necessary planning permissions. The entrance porch opens into a spacious hallway leading to a bright living room, providing an inviting space for relaxation and gatherings. The rear of the home features an open-plan kitchen and dining area that overlooks the garden, ideal for modern family life. A convenient ground floor WC adds practicality. Upstairs, you'll find three well-sized bedrooms—two doubles and one single—as well as a modern shower room designed for day-to-day family use. One key feature is the private rear garden complemented by a detached garage and off-street parking for multiple vehicles. There's excellent potential to create an outbuilding or garden room, as preliminary work has already begun. With its desirable location near local schools, shops, parks, and transport links including Grays Town Centre and C2C rail services, this property is perfect for those looking to move in immediately while having ample scope for future renovations to truly make it their own.

Investment analysis

(RM17 area)

Above Market Value

This property is priced +5.2% above area average per sq ft

+5.2%
This Property
£408/sq ft
Area Average
£388/sq ft
Avg Rent (weekly)
£321
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£444,267
10% above area average per sq ft
Potential ROI
-4.5%
After renovation
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

Clarkebourne 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
£1,606
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.

Stamp duty calculator

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