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Whitehall Lane, Grays, Essex, RM17 - Image 1
Whitehall Lane, Grays, Essex, RM17 - Image 2
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Whitehall Lane, Grays, Essex, RM17

London

£230,000Guide Price

Listed on 19/09/2026

The listing

Property details

Bedrooms
2
Type
Terraced
Area
930 sqft

Description

This spacious two-bedroom terraced house with an additional loft room offers a great opportunity for investors or those looking to personalize their living space. Located conveniently close to Grays Town Centre, residents will benefit from easy access to local shops, schools, parks, and the mainline railway station, making it ideal for commuters and families alike. Internally, the property features an entrance hallway leading to two generous reception rooms, a fitted kitchen, and a ground-floor bathroom. The first floor hosts two well-proportioned bedrooms, and a staircase leads up to the versatile loft room, which can serve as a home office or guest area. Externally, there is a private rear garden that adds to the appeal. While the property does require some modernization in places, it presents fantastic potential for creating a wonderful home or investment property in this sought-after location. An internal viewing is highly recommended to fully appreciate the size and possibilities this property has to offer. Offered at auction, buyers should be prepared for a reservation fee and complete the purchase within 56 days.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

75out of 100
Grade BGood opportunity

Confidence: MEDIUM

This spacious two-bedroom terraced house with a loft room presents an exciting opportunity for buyers, especially investors looking for a property to modernize and add value. Priced at £230,000, the asking figure is significantly below the local average at just £247/sqf compared to £388/sqf, making this an exceptional chance to acquire a home in a sought-after area of Grays. Although the interiors are dated and show signs of wear, there’s plenty of scope for improvement, particularly in the living areas, kitchen, and bathroom, which all require cosmetic updates.

The property's location near amenities and transport links adds to its appeal, and with a renovation budget of £40,000 to £60,000, this project could yield a profitable return. The potential for a lovely family home or a lucrative rental property is clear. While the house does have general wear and some potential damp issues, these are manageable and present opportunities for buyers to put their own stamp on this property. An internal viewing is highly recommended to appreciate the space and potential on offer.

Key opportunities

  • Spacious layout with a loft room that can be converted for additional use.
  • Significantly below local average price per square foot, enhancing investment potential.
  • Good location near amenities and transport links for easy access to London.

Key risks

  • General wear and tear observed throughout the property.
  • Potential damp issues that need to be addressed.

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Map

Location

Whitehall Lane, Grays, Essex, RM17
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£869
Based on a loan of £172,500 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.

Tax

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Indicative tax based on the asking price and the options you select.

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