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York Road, Rayleigh

East of England

£240,000

Listed on 09/10/2026

The listing

Property details

Bedrooms
2
Type
Flat

Description

This well-proportioned ground floor flat presents an excellent opportunity for buyers looking to modernise and create a home tailored to their own style. Offered with no onward chain and a lease of over 900 years, the accommodation comprises two spacious bedrooms, a family bathroom, a fitted kitchen, and a generous lounge, providing a practical layout for comfortable living. Externally, the property features a private garden, perfect for relaxation or entertaining during the warmer months, along with a garage and off-road parking. The combination of ample living space, private outdoor area, garage, and parking makes this property a great opportunity that should not be overlooked. While the flat requires some modernisation, it holds significant potential as an ideal first home, investment opportunity, or for those looking to downsize. Conveniently located near local shops, amenities, and transport links, with easy access to Rayleigh town centre, early viewing is highly recommended to appreciate the space and potential on offer.

WHOTS analysis

Our WHOTS verdict

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

49out of 100
Grade ELow opportunity

Confidence: LOW

This well-proportioned ground floor flat presents a unique opportunity for those looking to modernise and create a home that reflects their personal style. While the property is in a dated condition throughout, including the kitchen and bathroom, it offers a spacious layout with two bedrooms, a generous lounge, and a private garden. The absence of a chain adds to its appeal, making it an attractive prospect for first-time buyers or investors.

Located conveniently near local shops and transport links, this flat is set in a good location that enhances its potential. The guide price of £240,000 is appealing, especially considering that no specific floor area has been provided to compare against local £/sqf metrics. The renovation range of £30,000 to £50,000 allows for a variety of improvements, making this property a canvas for creativity and transformation. However, prospective buyers should be prepared for the medium scale of the renovation needed to bring this flat up to modern standards.

Key opportunities

  • Good location near amenities and transport links
  • Private garden ideal for relaxation or entertaining
  • No onward chain simplifies the purchase process

Key risks

  • Requires modernisation throughout, which may involve structural considerations
  • Potential damp issues could arise during renovation
  • Medium scale project may impact budget and timeline

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Map

Location

York Road, Rayleigh
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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
£907
Based on a loan of £180,000 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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