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Pound Lane, Orsett, Grays RM16 - Image 1
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Pound Lane, Orsett, Grays RM16

London

£400,000
Listed on 19/03/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1029 sqft

Description

Located in the desirable Orsett Village, this semi-detached three-bedroom family home on Pound Lane presents a unique opportunity for renovation and investment. The property features practical off-street parking for two vehicles and a well-laid-out interior that caters to modern family needs. The ground floor includes a convenient W.C. and a spacious kitchen/breakfast room equipped with ample cabinetry, ideal for those who enjoy cooking and entertaining. A bright conservatory offers additional living space, overlooking the expansive garden bathed in natural light. On the upper level, you will find three sizeable bedrooms complemented by a three-piece family bathroom. A notable highlight is the impressively large rear garden, approximately 110 feet long, complete with a block-paved patio area perfect for al fresco dining. Furthermore, planning approval has been secured for an outbuilding at the rear of the property, opening doors to create a self-contained annexe that can serve as guest accommodation or a flexible workspace. This home not only embodies village charm but also has significant potential to enhance its value through thoughtful renovations, making it an excellent investment for families looking to settle in this idyllic location.

Investment Analysis

(RM16 area)

Below Market Value

This property is priced -4.7% below area average per sq ft

-4.7%
Potential saving
This Property
£389/sq ft
Area Average
£408/sq ft
Avg Rent (weekly)
£369
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£461,928
10% above area average per sq ft
Potential ROI
+5.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
45%
Properties sold annually

Local Market Trend (RM16)

Area prices are rising by +3.3% over the last 12 months
3 year growth: +2.2%
5 year growth: +17.6%
Investment Disclaimer: Analysis based on RM16 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

Pound Lane, Orsett, Grays RM16
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,443
Based on a loan of £300,000 over 30 years at 4.06% 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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