Sold STC Flat

FLAT 13

SEJANT HOUSE, BRIDGE ROAD, GRAYS, THURROCK RM17 6RT

1 beds 1 baths 312 sq ft Listed 24 Sep 2021 (-1707d)

£130,000

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Property photo

Photo 1 Kitchen Living Room 1 Living Room 2 Bedroom Area Bathroom Photo 7

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Property details

Tenure

LEASEHOLD (66 years remaining on lease)

Floor area

29 m²

EPC rating

C

Year built

England and Wales: 1991-1995

Last sold

£120,000 Feb 2022

Price per m²

£4,483/m²

Local average

£192,242 (-32.4%)

Deprivation

Decile 4 (12,064 of 33,755)

Street crime

268 incidents within 1 mile (Mar 2026)

Key features

  • Studio Plus
  • Close to Town Centre
  • Close to Mainline Station
  • Lounge Area
  • Fitted Kitchen
  • Bathroom
  • Bedroom Area
  • 66 Year Lease

Additional details

Parking
Communal
Garden
Communal garden

Description

A studio plus flat situated within walking distance of the town centre and mainline station. The property has a 66 year lease so cash buyers only/investors. Great rental opportunity.

GROUND FLOOR
Security entrance door with communal stairs and landings.

HALL
Entrance door. Doors to rooms.

BATHROOM
White suite comprising pedestal wash basin, low level WC & panelled bath with tiled surround and thermostatic mixer shower over.

LOUNGE AREA 3.74m (12'3") x 3.28m (10'9") max
Window to side. Electric heater. Entry phone. Opens to bedroom area.

BEDROOM AREA 2.92m (9'7") x 2.53m (8'4")
Window to rear. Built-in wardrobe plus sliding doors on fitting wardrobes.

KITCHEN 2.03m (6'8") x 1.98m (6'6")
Window to side. Range of white fitted units at both base and eye level. Complementary roll edge worktop with inset sink unit & mixer tap. Appliance spaces. Part tiled walls.

EXTERIOR
Communal car park and garden areas.

LEASE: approx. 66 years remaining.
SERVICE CHARGE: £635.00 per annum.
GROUND RENT: £70.00 per annum.

Listed by

Grays

Lennard & Hill Residential

Reference: 113961923

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: B

Inspection date: 14/07/2024

Current heating cost: £290/year

Potential heating cost: £210/year

Est. upgrade cost to C: £500

Recommendations

  • High heat retention storage heaters (£400 - £600)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floor Plan

Floor Plan

EPC Graphs

EPC

EPC

Price history

60% since 2014

Event Date Price % change
Sold 21/02/2022 (4 years ago) £120,000 +60%
Sold 29/07/2014 (11 years ago) £75,000 —

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
WYVERN HOUSE FLAT 1 BRIDGE ROAD, GRAYS, THURROCK, RM17 6RS £167,000 14/11/2025 Flat
BEVILE HOUSE FLAT 33 ARGENT STREET, GRAYS, THURROCK, RM17 6RR £190,000 29/07/2025 Flat
69 SEABROOKE RISE, GRAYS, THURROCK, RM17 6DR £263,000 14/03/2025 Flat
DRAPER COURT, 45 2 BRIDGE ROAD, GRAYS, THURROCK, RM17 6BU £185,000 16/11/2023 Flat
VERT HOUSE FLAT 215 FALCON AVENUE, GRAYS, THURROCK, RM17 6SE £105,000 02/11/2023 Flat
WYVERN HOUSE FLAT 3 BRIDGE ROAD, GRAYS, THURROCK, RM17 6RS £170,000 03/03/2023 Flat
77 SEABROOKE RISE, GRAYS, THURROCK, RM17 6DR £260,000 18/11/2022 Flat
83 CONWAY GARDENS, GRAYS, THURROCK, RM17 6HE £222,000 31/10/2022 Flat
302 SEABROOKE RISE, GRAYS, THURROCK, RM17 6BS £260,000 18/10/2022 Flat
CHEVRON HOUSE FLAT 29 CREST AVENUE, GRAYS, THURROCK, RM17 6RZ £148,000 16/09/2022 Flat
VERT HOUSE FLAT 214 FALCON AVENUE, GRAYS, THURROCK, RM17 6SE £125,000 17/06/2022 Flat
1 CONWAY GARDENS, GRAYS, THURROCK, RM17 6HE £110,000 14/06/2022 Flat
50 SEABROOKE RISE, GRAYS, THURROCK, RM17 6DR £247,500 29/04/2022 Flat
CHEVRON HOUSE FLAT 10 CREST AVENUE, GRAYS, THURROCK, RM17 6RZ £140,000 29/04/2022 Flat
39 CONWAY GARDENS, GRAYS, THURROCK, RM17 6HE £125,000 13/04/2022 Flat
SEJANT HOUSE FLAT 9 BRIDGE ROAD, GRAYS, THURROCK, RM17 6RT £146,500 30/03/2022 Flat
36B BRIDGE ROAD, GRAYS, THURROCK, RM17 6BU £125,000 25/03/2022 Flat
7 MANOR WAY, GRAYS, THURROCK, RM17 6RN £364,500 25/03/2022 Flat
CHEVRON HOUSE FLAT 11 CREST AVENUE, GRAYS, THURROCK, RM17 6RZ £170,000 23/03/2022 Flat
234 SEABROOKE RISE, GRAYS, THURROCK, RM17 6BL £242,000 11/02/2022 Flat

Area average: £188,275 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 16.6%
10y growth 23.8%

House Price Index (HM Land Registry — official index, not sold-price averages): Thurrock. Series: Flats and maisonettes. As of February 2026.

1y (index) -2.6%
5y (index) 3.3%
10y (index) 21.2%

Rental Range

Estimated market rent for Thurrock. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,220/mo
Realistic £1,355/mo
Optimistic £1,491/mo

Based on Local Authority from postcode lookup → Thurrock.

LHA (30th percentile) floor for South West Essex: £773/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View RM17 6RT

Address

Bridge Road

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Bridge Road 0.2 miles
Bus stop Kent Road 0.2 miles
Shop Visage 0.3 miles
Shop Iceland 0.3 miles
Train station Grays 0.4 miles
Train station Tilbury Town 1.3 miles
University University of Greenwich 3.6 miles
Hospital Jasmine Centre 4.1 miles
Hospital King's / Dartford Dialysis Unit 4.1 miles
University Unknown 10.2 miles

Street-level crime

Category Count
Violence and sexual offences 79
Vehicle crime 32
Anti-social behaviour 29
Other theft 28
Shoplifting 26
Public order 18
Criminal damage and arson 17
Drugs 13
Burglary 11
Other crime 6
Possession of weapons 3
Robbery 3
Bicycle theft 2
Theft from the person 1
Total incidents 268

Within 1 mile during Mar 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Thameside Primary School Primary 0.3 miles — (Inspected (no overall grade))
Thames Park Secondary School Secondary 0.3 miles Good — 14 Mar 2023
Quarry Hill Academy Primary 0.5 miles Outstanding — 19 Jul 2016
Grays Convent High School Secondary 0.6 miles Good — 27 Jun 2013
St Thomas of Canterbury Catholic Primary School Primary 0.9 miles Good — 5 Sep 2012

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
1 Bed Flat, Conway Gardens, RM17 £1,250/mo 1 0.2 miles OpenRent
1 Bed Flat, High Street, RM17 £1,300/mo 1 0.42 miles OpenRent
Studio Flat, Newburgh Road, RM17 £1,000/mo 1 0.53 miles OpenRent
Studio Flat, Grays, RM17 £1,100/mo 1 0.8 miles OpenRent

Average rent: £1,163/mo (4 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.9%
Max investor price (0.8%) £146,875
Target investor price (1%) £117,500
Gross yield 10.8%
Cost-to-rent ratio 9.2×
Monthly cashflow £521/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 16.6%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus 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).