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Mountnessing Road, Billericay, Essex, CM12 0ER - Image 1
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Mountnessing Road, Billericay, Essex, CM12 0ER

East of England

£400,000
Listed on 18/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
657 sqft

Description

This two-bedroom semi-detached bungalow offers a unique opportunity for renovation and investment, situated on an expansive plot measuring 172 feet in length, with the rear garden extending over 100 feet. This generous outdoor space creates a canvas for transformation, whether you envision vibrant gardens, outdoor entertaining areas, or even potential extensions to the home. While the interior requires modernization, it presents a solid foundation ready for updates. Buyers looking to personalize their living space will find value in the layout, which includes two well-proportioned bedrooms and an additional smaller room that can serve as a nursery, guest room, or home office. The 19-foot lounge/diner features a charming fireplace, providing a focal point for gatherings. The kitchen and bathroom may be dated but remain functional, allowing you to plan your renovations at your own pace. The location enhances this property's appeal. Nestled in a desirable neighborhood just 0.9 miles from the train station and within easy walking distance of local amenities such as Sainsbury’s Local and Brightside School (only 0.4 miles away), everyday conveniences are close at hand. Nature enthusiasts will appreciate the accessibility of open countryside just four minutes up Mountnessing Road—ideal for walks and outdoor activities. The front garden is equally spacious with a driveway accommodating two cars and potential for expansion to hold up to four vehicles—a valuable asset in today’s market. Notably, the high-pitched roof offers excellent potential for a loft conversion; the recently installed boiler is already located in this space, simplifying future expansion plans. For those ready to invest time and creativity into this property, there is considerable upside potential waiting to be unlocked. With no onward chain and vacant possession available, buyers can look forward to swift completion should they wish. In summary, this bungalow not only offers immediate living space but also invites future possibilities for enhancement—an ideal fit for visionaries eager to transform it into their dream home.

Investment Analysis

(CM12 area)

Above Market Value

This property is priced +21.9% above area average per sq ft

+21.9%
This Property
£609/sq ft
Area Average
£500/sq ft
Avg Rent (weekly)
£360
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£360,989
10% above area average per sq ft
Potential ROI
-18.9%
After renovation
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
15%
Properties sold annually

Local Market Trend (CM12)

Area prices are rising by +2.3% over the last 12 months
3 year growth: 0.3%
5 year growth: 5.9%
Investment Disclaimer: Analysis based on CM12 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

Mountnessing Road, Billericay, Essex, CM12 0ER
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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
£1,465
Based on a loan of £300,000 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