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£125,000
POA

1 bed flat for sale Parsonage Road, Grays, RM20 4AQ

1 bed 1 bath Flat
Tenure: ask agent

Added today

About this property

Located along Parsonage Road in Grays, this studio plus, first-floor apartment presents an excellent opportunity for both owner-occupiers and investors alike. The property is offered vacant and chain free, allowing for a straightforward and speedy transaction. The accommodation comprises a bright open-plan living area with a separate sleeping space, creating a more practical layout than a standard studio.

Key features

  • CHAIN FREE!
  • STUDIO PLUS APARTMENT
  • PERFECT INVESTMENT PROPERTY
  • LEASE OF 61 YEARS
  • QUIET ROAD IN WEST THURROCK
  • RECENTLY ACHIEVED A RENT OF £1000 PCM
  • SOME DECOR WORK REQUIRED
  • Please quote CJ1407 when enquiring.

Floorplan

Location

Parsonage Road, Grays, RM20 4AQ

Council tax
Band D (Approx £2,255/year)

Mortgage and stamp duty

Property price £125,000
£62k £188k
Deposit10% £13,000
£0 £125k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £112,000 mortgage. Most lenders would want a household income of about £25,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Historic sold prices nearby

HM Land Registry sales in RM20 4AQ. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
124, Parsonage Road Flat / maisonetteNov 2023312 sq ft £336/sq ft£105,000
142, Parsonage Road Flat / maisonetteApr 2023398 sq ft £339/sq ft£135,000
150, Parsonage Road Flat / maisonetteJan 2023474 sq ft £371/sq ft£175,500
148, Parsonage Road Flat / maisonetteDec 2022398 sq ft £427/sq ft£170,000
134, Parsonage Road Flat / maisonetteNov 2020592 sq ft £321/sq ft£190,000
84, Parsonage Road Flat / maisonetteMar 2020420 sq ft £274/sq ft£115,000
118, Parsonage Road Flat / maisonetteMay 2019312 sq ft £304/sq ft£95,000
144, Parsonage Road Flat / maisonetteJun 2018420 sq ft £274/sq ft£115,000

All sales on Parsonage Road → All sold prices in Grays →

Area insights

The neighbourhood around this property.

Marketed by
eXp UK, Curtis Johnson MNAEA
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