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Laird Avenue, Grays RM16

London

£425,000

Listed on 07/07/2026

Property details

Bedrooms
4
Type
Semi Detached Bungalow
Area
1268 sqft

Description

This four-bedroom semi-detached chalet bungalow, located in the desirable area of Blackshots, presents an attractive opportunity for renovation-minded buyers. With no onward chain, you can quickly move in while planning your improvements. The layout features two bedrooms on the ground floor and two more upstairs, providing versatility that is often hard to find in similar properties. The main shower room has been modernized with a spacious walk-in design, while a secondary shower room serves the upstairs rooms. The generous kitchen flows into the living and dining areas, creating potential for a fluid open-plan design should you choose to expand towards the back (subject to planning permissions). The property also boasts a south-facing garden, ideal for outdoor relaxation or gardening enthusiasts. At the bottom of the garden, you'll find a garage and workshop with independent access – perfect for hobbyists or those needing extra storage without cramming your home. With a driveway at the front providing off-street parking and easy access to local amenities such as schools, shops, and transport links like the A13 and M25, this property not only offers a comfortable home but also significant scope for enhancement over time.

Investment analysis

(RM16 area)

Below Market Value

This property is priced -19.2% below area average per sq ft

-19.2%
Potential saving
This Property
£335/sq ft
Area Average
£415/sq ft
Avg Rent (weekly)
£388
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£578,424
10% above area average per sq ft
Potential ROI
+21.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (RM16)

Area prices are stable by +0.6% over the last 12 months
3 year growth: +0.3%
5 year growth: +13.1%
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

Laird Avenue, Grays RM16
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,606
Based on a loan of £318,750 over 30 years at 4.45% 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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