Chain-free compact purchase with excellent transport links and strong rental appeal.
- Chain-free one-bedroom flat, first-floor, approx. 345 sq ft
- Long lease: 153 years remaining
- Close to Lakeside Shopping Centre, A13 and M25 links
- On-site parking; 1980s development with landscaped areas
- Electric storage heating; may mean higher energy bills
- Service charge approx. £2,729 pa (average)
- Small size; best for one person or investor letting
- Area records very high crime and higher deprivation levels
This compact one-bedroom first-floor apartment offers an affordable, chain-free entry into Grays with 153 years remaining on the lease. At approximately 345 sq ft the layout is traditional and practical, with a bright living/dining area, double glazing and on-site parking within a 1980s residential development.
Location is a clear strength: Lakeside Shopping Centre, regular bus routes, and quick access to the A13 and M25 are nearby, making commuting and weekend shopping easy. Broadband speeds are reported fast and mobile signal is excellent, supporting homeworking or letting demand.
Buyers should note the property is small and currently heated by electric storage heaters, which can mean higher running costs compared with gas. The development’s average service charge is high (£2,729 annually) and the surrounding area records very high crime levels and higher deprivation indices—factors to weigh for owner-occupiers and investors.
For first-time buyers or buy-to-let investors seeking a low-entry purchase close to transport and retail amenities, this apartment provides clear potential. It requires no immediate major works noted, but budget for running costs and consider security and local-area factors when viewing.
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