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Church Lane, Crays Hill, CM11

East of England

£375,000
Listed on 27/11/2025

Property Details

Bedrooms
2
Type
Detached house
Area
763 sqft

Description

This detached bungalow features two spacious bedrooms and presents a notable opportunity for renovation, ideal for those looking to invest. Nestled in a quiet and accessible area, the property requires comprehensive modernization, giving potential owners the chance to enhance its value and customize it to their own style. Currently tenanted, it is particularly appealing for investors seeking immediate rental income. The layout includes a large lounge, kitchen, separate WC, and sufficient storage space. Externally, off-street parking is available along with a practical workshop that could serve as extra storage or a creative space. Located in Crays Hill, this home benefits from its semi-rural ambiance while being close to urban conveniences; Wickford railway station is approximately 3.6 km away and Billericay station just over 4 km. Local amenities include Crays Hill Primary School, with further options readily accessible in Billericay. For those who enjoy nature, the property sits within Essex’s green belt providing access to serene walking paths and open areas. With significant room for improvement and personalization, this bungalow stands out as an attractive investment in a sought-after location.

Investment Analysis

(CM11 area)

Above Market Value

This property is priced +9.1% above area average per sq ft

+9.1%
This Property
£491/sq ft
Area Average
£451/sq ft
Avg Rent (weekly)
£421
Avg Yield
3.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£378,105
10% above area average per sq ft
Potential ROI
-11.0%
After renovation
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

Church Lane, Crays Hill, CM11
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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