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Passingham Avenue, Billericay, Essex, CM11 2TA

East of England

£600,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This spacious three-bedroom detached bungalow presents a unique opportunity for renovation and investment, marking its first time on the market in four decades. Covering an impressive 1,100 sq ft, the property is nestled in a sought-after location near picturesque countryside. The expansive 85ft x 55ft garden features two substantial log cabins, one equipped with a woodburning stove, enhancing the outdoor living experience and potential for additional guest accommodation or home office space. Additionally, there is notable scope to develop further; previous planning permission was granted for a chalet conversion that could be revisited. Inside, the layout includes a central kitchen/diner with patio doors leading to the garden, a cozy lounge with another woodburning stove, and three well-proportioned double bedrooms. The master bedroom benefits from a walk-through wardrobe and an ensuite shower room. While some updating is required throughout the property—including modernizing bathrooms and kitchens—the inherent value and possibilities here are significant. The generous front driveway accommodates multiple vehicles alongside space for a mobile home or caravan. Local amenities are conveniently located within walking distance, including shops, schools, and public transport links to London.

Investment Analysis

(CM11 area)
Area Average
£451/sq ft
Avg Rent (weekly)
£421
Avg Yield
3.8%

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
21
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (CM11)

Area prices are rising by +3.9% over the last 12 months
3 year growth: -3.1%
5 year growth: 17.2%
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

Passingham Avenue, Billericay, Essex, CM11 2TA
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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
£2,198
Based on a loan of £450,000 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