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Grange Road, BILLERICAY

East of England

£375,000
Listed on 14/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached home presents a promising opportunity for first-time buyers and investors alike. Although it requires some modernisation, the property is well-structured and poised to transform into an inviting family residence. The downstairs layout features an entrance hall leading to a spacious lounge filled with natural light, complemented by a separate dining area that opens onto the garden through patio doors. The kitchen, while functional, could benefit from contemporary updates to maximise its potential. Upstairs, you will find two generous double bedrooms and a smaller third bedroom currently utilised as a dressing room, alongside a shower room ready for refurbishment. With the convenience of nearby local amenities and educational facilities within walking distance, this property is ideally situated to benefit from the area's growth. The rear garden includes an outbuilding that could serve various purposes with the right vision. This home offers significant potential for those looking to invest in a project with future rewards.

Investment Analysis

(CM11 area)
Area Average
£445/sq ft
Avg Rent (weekly)
£414
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (CM11)

Area prices are rising by +5.4% over the last 12 months
3 year growth: 0.3%
5 year growth: 18.2%
Investment Disclaimer: Analysis based on CM11 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Grange Road, BILLERICAY
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,374
Based on a loan of £281,250 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE