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College Road, Grays, Essex RM17

London

£160,000

Listed on 17/05/2026

Property Details

Bedrooms
2
Type
Maisonette
Area
495 sqft

Description

Nestled in a tranquil cul-de-sac, this two-bedroom maisonette presents an appealing chance for investors and first-time buyers eager to enhance their property investment. The location is advantageous, with local shops, schools, and essential amenities all within easy reach. This home comes with the added benefit of a long lease and no onward chain, making it easier for potential buyers to act swiftly. The layout offers a spacious lounge and separate kitchen alongside two well-sized bedrooms and a family bathroom. While the interior would benefit from some modern updates, it provides ample scope for personalisation and value addition through renovation. Furthermore, residents can enjoy access to a shared rear garden, perfect for outdoor leisure activities. In summary, this property holds significant potential in a sought-after residential area of Grays, known for its variety of amenities and excellent transport links to London. An internal viewing is highly recommended to fully appreciate the opportunities available here.

Investment Analysis

(RM17 area)

Below Market Value

This property is priced -17.3% below area average per sq ft

-17.3%
Potential saving
This Property
£323/sq ft
Area Average
£391/sq ft
Avg Rent (weekly)
£316
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£212,709
10% above area average per sq ft
Potential ROI
+15.0%
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
14%
Properties sold annually

Local Market Trend (RM17)

Area prices are stable by -0.3% over the last 12 months
3 year growth: -0.9%
5 year growth: +10.7%
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 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£571
Based on a loan of £120,000 over 30 years at 3.97% 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.

Stamp Duty Calculator

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