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£160,000
Offers over

1 bed flat for sale Porter Close, Grays

1 bed 1 bath Ground floor flat
Leasehold

Added yesterday

About this property

This one bedroom Ground floor flat really does tick all the right boxes. Being located within close proximity to Chafford mainline (C2C) and just a short walk from London Road which provides regular bus links into Grays this is ideally located for an investor or first time buyer. Internally the property has been meticulously maintained and improved by the current owners and requires no work at all; just pack your bags and move straight in.

Key features

  • Off Street Parking
  • Electric Heating
  • One double bedroom Flat
  • Modern Interior Throughout
  • Close To Local Amenities
  • Great Location
  • Long Lease

Floorplan

Location

Porter Close, Grays, RM20 4AS

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

Mortgage and stamp duty

Property price £160,000
£80k £240k
Deposit10% £16,000
£0 £160k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £144,000 mortgage. Most lenders would want a household income of about £32,000 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 4AS. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
49, Porter Close Flat / maisonetteJan 2024409 sq ft £298/sq ft£122,000
83, Porter Close Flat / maisonetteSept 2023388 sq ft £317/sq ft£123,000
6, Porter Close Flat / maisonetteDec 2022484 sq ft £268/sq ft£130,000
41, Porter Close Flat / maisonetteJul 2022603 sq ft £348/sq ft£210,000
80, Porter Close Flat / maisonetteSept 2021420 sq ft £303/sq ft£127,000
5, Porter Close Flat / maisonetteApr 2021474 sq ft £320/sq ft£151,500
91, Porter Close Flat / maisonetteAug 2020678 sq ft £258/sq ft£175,000
79, Porter Close Flat / maisonetteJul 2020409 sq ft £342/sq ft£140,000

All sales on Porter Close → All sold prices in Grays →

Area insights

The neighbourhood around this property.

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