# 2 bedroom flat for sale (RM16 6LY) ## Property Details | Key | Value | |-----|-------| | Address | 4 MARY ROSE CLOSE, GRAYS, CHAFFORD HUNDRED, THURROCK RM16 6LY | | Price | £232,500 | | Bedrooms | 2 | | Bathrooms | 1 | | Last sold | £250,000 Jan 2026 | ## EPC Rating & Upgrade Cost - **Current rating:** B - **Potential rating:** B - **Expiry date:** 07/10/2035 - **Current heating cost:** £288/year [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0886-3955-9200-0355-4204) ## Description This well presented two bedroom first floor flat is situated in a great location within a few minutes walk of Chafford Hundred station. Features include a bright lounge, fitted kitchen, stylish bathroom, communal gardens, allocated and visitor parking plus no onward chain. ENTRANCE Door to: ENTRANCE HALL Coved and smooth plastered ceiling with inset spotlights, built-in airing cupboard, built-in storage cupboard, radiator, fitted carpet. LOUNGE 16'1 x 9'9 ## Property Photos - ![Front Aspect](/listings/photos/76335122/812937) - Front Aspect - ![Lounge/Diner](/listings/photos/76335122/812938) - Lounge/Diner - ![Kitchen](/listings/photos/76335122/812939) - Kitchen - ![Bathroom](/listings/photos/76335122/812940) - Bathroom - ![Lounge/Diner](/listings/photos/76335122/812941) - Lounge/Diner - ![Hallway](/listings/photos/76335122/812942) - Hallway - ![Kitchen](/listings/photos/76335122/812943) - Kitchen - ![Bedroom 1](/listings/photos/76335122/812944) - Bedroom 1 - ![Bedroom 2](/listings/photos/76335122/812945) - Bedroom 2 - ![Communal Garden](/listings/photos/76335122/812946) - Communal Garden ## Floorplans - ![2D 1st Floor](/listings/photos/76335122/812947) - 2D 1st Floor - ![Interactive Plan](/listings/photos/76335122/812948) - Interactive Plan ## EPC Graphs - ![Full EPC](/listings/photos/76335122/812949) - Full EPC ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 4 MARY ROSE CLOSE, CHAFFORD HUNDRED, GRAYS, THURROCK, RM16 6LY | £250,000 | 30/01/2026 | Flat | | 4 MARY ROSE CLOSE, CHAFFORD HUNDRED, GRAYS, THURROCK, RM16 6LY | £227,700 | 14/06/2019 | Flat | | 4 MARY ROSE CLOSE, CHAFFORD HUNDRED, GRAYS, THURROCK, RM16 6LY | £230,000 | 11/08/2017 | Flat | | 4 MARY ROSE CLOSE, CHAFFORD HUNDRED, GRAYS, THURROCK, RM16 6LY | £135,000 | 10/12/2004 | Flat | | 4 MARY ROSE CLOSE, CHAFFORD HUNDRED, GRAYS, THURROCK, RM16 6LY | £89,995 | 23/08/2001 | Flat | | 4 MARY ROSE CLOSE, CHAFFORD HUNDRED, GRAYS, THURROCK, RM16 6LY | £82,500 | 27/10/2000 | Flat | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 35 GRENVILLE ROAD, CHAFFORD HUNDRED, GRAYS, THURROCK, RM16 6BG | £205,000 | 24/02/2026 | Flat | | 18 SAN JUAN DRIVE, CHAFFORD HUNDRED, GRAYS, THURROCK, RM16 6LQ | £225,000 | 16/01/2026 | Flat | | 22 SAN JUAN DRIVE, CHAFFORD HUNDRED, GRAYS, THURROCK, RM16 6LQ | £230,000 | 01/12/2025 | Flat | | 23 GRENVILLE ROAD, CHAFFORD HUNDRED, GRAYS, THURROCK, RM16 6BG | £210,000 | 01/12/2025 | Flat | | 58 GALLEON ROAD, CHAFFORD HUNDRED, GRAYS, THURROCK, RM16 6BD | £243,000 | 25/11/2025 | Flat | | 15 PARR CLOSE, CHAFFORD HUNDRED, GRAYS, THURROCK, RM16 6RU | £260,000 | 29/08/2025 | Flat | | [Same street] 53 MARY ROSE CLOSE, CHAFFORD HUNDRED, GRAYS, THURROCK, RM16 6LY | £475,000 | 04/07/2025 | Terraced | | 48 LENNOX CLOSE, CHAFFORD HUNDRED, GRAYS, THURROCK, RM16 6AP | £210,000 | 04/03/2025 | Flat | | 21 PLYMOUTH ROAD, CHAFFORD HUNDRED, GRAYS, THURROCK, RM16 6BJ | £222,000 | 19/12/2023 | Flat | | [Same street] 34 MARY ROSE CLOSE, CHAFFORD HUNDRED, GRAYS, THURROCK, RM16 6LY | £470,000 | 05/12/2023 | Semi-detached | | 58 SECOND FLOOR FLAT LENNOX CLOSE, CHAFFORD HUNDRED, GRAYS, THURROCK, RM16 6AP | £245,000 | 24/11/2023 | Flat | | 3 PARNELL CLOSE, CHAFFORD HUNDRED, GRAYS, THURROCK, RM16 6BQ | £220,000 | 17/11/2023 | Flat | | 6 PARNELL CLOSE, CHAFFORD HUNDRED, GRAYS, THURROCK, RM16 6BQ | £244,000 | 06/11/2023 | Flat | | [Same street] 67 MARY ROSE CLOSE, CHAFFORD HUNDRED, GRAYS, THURROCK, RM16 6LY | £260,000 | 27/10/2023 | Flat | | 32 PLYMOUTH ROAD, CHAFFORD HUNDRED, GRAYS, THURROCK, RM16 6BN | £245,000 | 13/10/2023 | Flat | | 36 GRENVILLE ROAD, CHAFFORD HUNDRED, GRAYS, THURROCK, RM16 6BG | £227,500 | 02/06/2023 | Flat | | 77 HARPER CLOSE, CHAFFORD HUNDRED, GRAYS, THURROCK, RM16 6DA | £260,000 | 30/05/2023 | Flat | | 63 GRENVILLE ROAD, CHAFFORD HUNDRED, GRAYS, THURROCK, RM16 6BG | £237,000 | 26/05/2023 | Flat | | 42 GALLEON ROAD, CHAFFORD HUNDRED, GRAYS, THURROCK, RM16 6BD | £255,000 | 05/12/2022 | Flat | | 12 GALLEON ROAD, CHAFFORD HUNDRED, GRAYS, THURROCK, RM16 6BD | £250,000 | 23/11/2022 | Flat | | 63 SAN MARCOS DRIVE, CHAFFORD HUNDRED, GRAYS, THURROCK, RM16 6LU | £237,000 | 07/10/2022 | Flat | | [Same street] 65 MARY ROSE CLOSE, CHAFFORD HUNDRED, GRAYS, THURROCK, RM16 6LY | £260,000 | 23/09/2022 | Flat | | 34 LENNOX CLOSE, CHAFFORD HUNDRED, GRAYS, THURROCK, RM16 6AP | £265,000 | 20/09/2022 | Flat | | 62 GALLEON ROAD, CHAFFORD HUNDRED, GRAYS, THURROCK, RM16 6BD | £255,000 | 30/08/2022 | Flat | | [Same street] 44 MARY ROSE CLOSE, CHAFFORD HUNDRED, GRAYS, THURROCK, RM16 6LY | £428,000 | 24/01/2022 | Semi-detached | | [Same street] 62 MARY ROSE CLOSE, CHAFFORD HUNDRED, GRAYS, THURROCK, RM16 6LY | £230,000 | 21/12/2021 | Flat | | [Same street] 56 MARY ROSE CLOSE, CHAFFORD HUNDRED, GRAYS, THURROCK, RM16 6LY | £215,000 | 23/07/2021 | Flat | **Street average:** £334,000 (7 sales) **Area average:** £237,275 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £235,375 (24 Flat, RM16, 2024–2026) - **Deviation:** -1.2% ## Rental Range *ONS Price Index of Private Rents (Thurrock). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,229/mo - **Realistic:** £1,366/mo - **Optimistic:** £1,503/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for South West Essex (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £947/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 2 Bed Semi-Detached House, Arterial Road, RM16 | £1,675/mo | 2 | 0.74 miles | OpenRent | | 2 Bed Flat, Dudley Close, RM16 | £1,425/mo | 2 | 0.93 miles | OpenRent | **Average rent: £1,550/mo (2 listings)** ## 1% Rule - **Rent ratio:** 0.67% (weak for cashflow) - **Max investor price (0.8%):** £193,750 - **Target investor price (1%):** £155,000 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £1,550/mo).* - **Gross yield:** 8% - **Cost-to-rent:** 12.5× - **Monthly cashflow:** £454/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 8.1% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Price per Square Metre - **£/m²:** £4,009/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 5.1% - **10y growth:** 21.3% ## House Price Index (HM Land Registry) *Official index for Thurrock; Flats and maisonettes series; as of April 2026.* - **1y growth (index):** -1.7% - **5y growth (index):** 2.2% - **10y growth (index):** 17.4% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)