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College Road, Grays, Essex RM17 - Image 1
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College Road, Grays, Essex RM17

London

£160,000
Listed on 19/03/2026

Property Details

Bedrooms
2
Type
Maisonette
Area
495 sqft

Description

Located in a tranquil cul-de-sac, this two-bedroom maisonette presents a valuable opportunity for investors and first-time buyers seeking to add personal touches. The property, while requiring some modernization, boasts a versatile layout with a spacious lounge and well-sized kitchen, alongside two comfortable bedrooms and a family bathroom. The long lease and absence of an onward chain further enhance its appeal. Outside, residents can enjoy shared access to a rear garden, ideal for outdoor leisure or socializing. Situated close to local amenities, schools, and public transport links—including the mainline station providing direct routes to London Fenchurch Street—this property holds significant potential for enhancement and value appreciation. An internal viewing is recommended to fully grasp the possibilities available here.

Investment Analysis

(RM17 area)

Below Market Value

This property is priced -17.2% below area average per sq ft

-17.2%
Potential saving
This Property
£323/sq ft
Area Average
£390/sq ft
Avg Rent (weekly)
£316
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£212,437
10% above area average per sq ft
Potential ROI
+14.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (RM17)

Area prices are stable by +0.7% over the last 12 months
3 year growth: +0.7%
5 year growth: +13.1%
Investment Disclaimer: Analysis based on RM17 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

College Road, Grays, Essex RM17
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£567
Based on a loan of £120,000 over 30 years at 3.91% 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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