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Galleon Road, Chafford Hundred, Grays, Essex RM16 - Image 1
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Galleon Road, Chafford Hundred, Grays, Essex RM16 - Image 3

Galleon Road, Chafford Hundred, Grays, Essex RM16

London

£180,000
Listed on 18/04/2026

Property Details

Bedrooms
2
Type
Flat
Area
724 sqft

Description

This two-bedroom ground-floor apartment presents an appealing opportunity for both first-time buyers and investors, situated conveniently near Chafford C2C station and local amenities. While the property boasts a spacious semi-open plan lounge and kitchen that exudes a bright atmosphere, it does require some internal updates to unlock its full potential. The layout includes two generously proportioned bedrooms and a modern family bathroom. Notably, the presence of gas central heating adds value in this area. Offered with no onward chain, this apartment is ideal for those looking to add their personal touch or enhance its rental appeal.

Investment Analysis

(RM16 area)

Below Market Value

This property is priced -39.7% below area average per sq ft

-39.7%
Potential saving
This Property
£249/sq ft
Area Average
£413/sq ft
Avg Rent (weekly)
£366
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£328,595
10% above area average per sq ft
Potential ROI
+60.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (RM16)

Area prices are rising by +2.5% over the last 12 months
3 year growth: +1.7%
5 year growth: +15.7%
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

Galleon Road, Chafford Hundred, Grays, Essex RM16
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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
£638
Based on a loan of £135,000 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.

Stamp Duty Calculator

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