Lodge Lane, Grays
London
£450,000
Listed on 22/10/2026
Listed on 22/10/2026
The listing
Property details
Bedrooms
4Type
BungalowArea
1895 sqftFeatures
- Garden
Description
This detached house in North Grays offers approximately 1,895 sq ft of accommodation and is described as requiring modernisation and refurbishment. The layout includes a lounge/dining room, kitchen, ground-floor WC, storage areas and bedrooms arranged over two floors. The room schedule lists five bedrooms, although the listing headline describes the property as having four.
The property is freehold and has a family bathroom. The listing notes scope to update the accommodation and consider changes to the layout, subject to feasibility. Lodge Lane is described as being within reach of local schools, amenities and Grays town centre, with road connections to the A13 and M25.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
73out of 100
Grade BGood opportunity
Confidence: MEDIUM
At £450,000, this detached North Grays house is priced at about £237/sq ft, 42.7% below the local average—a compelling entry point for its substantial 1,895 sq ft and four-bedroom layout. The dated interiors and old-fashioned kitchen and bathroom offer scope to reshape and finish the home to suit modern family living, while the large rear garden gives the project another clear improvement opportunity.
This is a heavy project rather than a cosmetic refresh: the visible works span interior finishes and flooring, kitchen and bathroom renewal, garden clearance and improvement, and investigation of the opened-up roof-space area. The £75,000–£125,000 renovation range indicates the scale to plan for. The score also reflects strong economics against the local average, alongside moderate risk and a weaker condition component.
Key opportunities
- Use the generous 1,895 sq ft detached layout as a canvas to modernise and tailor the home for family living.
- Replace the dated kitchen and bathroom and update the widespread wallpaper, flooring and finishes.
- Clear and improve the large rear garden, including the worn paving and weathered outbuildings.
Key risks
- The £75,000–£125,000 works range and stripped, unfinished areas make this a substantial budget and programme commitment, not a cosmetic refresh.
- The opened-up roof-space area has exposed framing and unfinished, visibly cracked surfaces; investigate its condition and intended completion before proceeding.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,700
Based on a loan of £337,500 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.
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