Summary - VERT HOUSE FLAT 227 FALCON AVENUE GRAYS RM17 6SE
1 bed 1 bath Flat
Cash-buyers and investors seeking central Grays rental potential or refurbishment opportunity..
- Top-floor one-bedroom with loft area and separate kitchen
- Walking distance to Grays Station and town centre amenities
- Communal gardens and ample off-street parking included
- Fast broadband; average mobile signal suitable for remote work
- Electric storage heaters; likely higher running costs
- Built 1980s construction; double glazing install date unknown
- Lease ~65 years remaining — many lenders may refuse mortgages
- Council tax described as very cheap
This top-floor one-bedroom flat offers straightforward, well-connected living in central Grays, a short walk from Grays Station and local shops. The apartment includes a loft area, separate fitted kitchen, double bedroom and a three-piece bathroom — practical layout for a single occupant or rental tenant.
The block provides communal gardens and ample off-street parking, with fast broadband and average mobile signal supporting home working or streaming. Constructed in the 1980s, the building has cavity walls and double glazing (installation date unknown), while electric storage heaters supply the property’s heating.
Important drawback: the lease has about 65 years remaining. That limited term may prevent many mortgage lenders from offering loans, so this property is most suitable for cash buyers or experienced investors prepared to manage lease extension or purchase risks. Electric heating and the 1980s construction mean maintenance and running costs could be higher than modern builds.
Rarely priced at this level for the area, the flat offers clear refurbishment and rental potential for investors, or a low-cost entry for buyers able to purchase without mortgage finance. An internal viewing will best reveal condition and scope for improvement.
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