
Sign InSign Up



London
£230,000Guide Price
Listed on 19/09/2026
Listed on 19/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
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.
Sign up to see the refurb profile, below-market value, yields, and local market trends for this and every other property that has them.
Sign up freeAlready have an account? Sign in
Create an alert and we'll notify you when similar renovation opportunities are listed.
Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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
Indicative tax based on the asking price and the options you select.
Services
Explore services to help you with this property purchase.
Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.
Nearby
Other listings you may want to compare.