Castle Road, Grays
London
£260,000
Listed on 04/11/2026
Listed on 04/11/2026
The listing
Property details
Bedrooms
3Type
TerracedArea
808 sqftFeatures
- Garden
Description
This three-bedroom mid-terrace house is offered with no onward chain and has a through living and dining area with a bay window at the front and access to the rear garden. The separate kitchen has an electric oven and hob, with access through to a bathroom fitted with a three-piece suite. Upstairs are one double bedroom, two single bedrooms and a landing airing cupboard. Gas central heating is stated, and parking is on street. The property offers scope for updating, subject to inspection. The seller's particulars note that services and appliances have not been tested and that an identity and anti-money-laundering check fee is payable by the buyer after an offer is accepted.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
61out of 100
Grade CPotential opportunity
Confidence: MEDIUM
At £260,000, this three-bedroom terrace is priced about 17% below the local average per square foot, making it an opportunity to acquire below-average and create value through a substantial interior project. The through living and dining space, bright bay window and enclosed rear garden provide a useful base, while the dated kitchen and bathroom, worn finishes and unfinished flooring offer clear scope to reshape and refresh the house. The overall score is C: the price and fundamentals are appealing, but the heavy works mean the economics are tight against the local average.
Key opportunities
- Use the through living and dining arrangement, bay window and rear-garden access as the foundation for a more cohesive everyday living space.
- A substantial interior project can replace the worn kitchen and bathroom finishes, renew flooring and rework the overall presentation to suit a buyer’s taste.
- The enclosed rear garden is usable already, with scope to tidy the paving and planting.
Key risks
- Worn and unfinished surfaces across several areas, alongside the dated kitchen and bathroom, point to a heavy multi-room programme; allow for a full interior rebuild in planning and sequencing rather than a cosmetic refresh.
- The economics are tight against the local average even with the below-average asking price, so careful control of the project scope and purchase terms will matter.
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Transport
Nearest stations
Grays Rail Station
0.5 miles
Train · Grays
Chafford Hundred Rail Station
1.1 miles
Train · Chafford Hundred
Swanscombe Rail Station
1.9 miles
Train · Swanscombe
Tilbury Town Rail Station
2.1 miles
Train · Tilbury
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£1,062
Based on a loan of £195,000 over 30 years at 5.13% 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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