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Meadow Rise, Billericay, CM11

East of England

£450,000
Listed on 05/12/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1184 sqft

Description

This semi-detached family home features four bedrooms and presents a unique opportunity for renovation and investment. Upon entering, you’ll find a welcoming lobby area with a cloakroom that leads into a bright lounge. The semi-open plan kitchen and dining area offers ample space, ideal for family gatherings or entertaining. The dining area is particularly notable for its sliding patio doors, which provide direct access to the garden and create an inviting flow between indoor and outdoor spaces. The upper level houses four well-proportioned bedrooms, each designed to maximize natural light. Many of these rooms include built-in wardrobes, enhancing storage options. The family bathroom is fitted with a modern walk-in shower, adding a contemporary touch. While the property is comfortably livable as-is, there are abundant opportunities for updates and personal touches throughout. Outside, the south-facing garden offers both privacy and potential for enhancement. Its generous paved patio serves as a perfect setting for outdoor meals or relaxation. The enclosed yard is suitable for children or pets to play safely, while established shrubs and low-maintenance borders give room for gardening enthusiasts to explore their creativity. Additionally, the attached garage not only provides extra storage but also allows for the possibility of conversion (subject to planning permission). The driveway facilitates off-road parking for multiple vehicles, further enhancing practicality. Located within a desirable neighborhood, this property combines functional living spaces with significant potential for improvement. Whether you are looking to make it your own or considering it as an investment opportunity, this home has much to offer in terms of future development and personalization.

Investment Analysis

(CM11 area)

Below Market Value

This property is priced -15.6% below area average per sq ft

-15.6%
Potential saving
This Property
£380/sq ft
Area Average
£451/sq ft
Avg Rent (weekly)
£421
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£586,731
10% above area average per sq ft
Potential ROI
+18.5%
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

Meadow Rise, Billericay, 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
£1,648
Based on a loan of £337,500 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