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Mountnessing Road, Billericay, CM12 - Image 1
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Mountnessing Road, Billericay, CM12

East of England

£500,000
Listed on 16/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
883 sqft

Description

This three-bedroom semi-detached bungalow offers an excellent investment opportunity, particularly for those looking to create a personalized family residence. The property is available with no onward chain, allowing for a straightforward transition. Inside, the spacious layout provides flexibility for future improvements tailored to individual tastes. The kitchen, while functional, presents significant opportunities for modernization and reconfiguration to enhance its appeal as a culinary space. A standout feature is the bright conservatory that floods the interior with natural light, making it an inviting area for relaxation or gatherings with serene views of the garden. Each of the three bedrooms is well-sized, with built-in storage in two rooms, while the third bedroom serves as a versatile space that can be customized according to your needs. The bathroom currently features modern amenities but could benefit from a refresh to maximize comfort. Accessed via a ladder, the loft room offers additional potential—whether as extra storage or an innovative hobby area or office space. Outside, the detached garage with workshop facilities extends opportunities for DIY enthusiasts and additional storage solutions. The fully paved driveway accommodates several vehicles, providing convenience for families and visitors alike. Situated within walking distance of transport links and local amenities, this bungalow stands out not only for its potential but also for its accessibility to essential services and vibrant community life. This property is perfect for those eager to either move in directly or embark on a renovation journey to unlock its full potential.

Investment Analysis

(CM12 area)

Above Market Value

This property is priced +14.3% above area average per sq ft

+14.3%
This Property
£566/sq ft
Area Average
£496/sq ft
Avg Rent (weekly)
£367
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£481,376
10% above area average per sq ft
Potential ROI
-10.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (CM12)

Area prices are stable by +0.9% over the last 12 months
3 year growth: 1.8%
5 year growth: 6.4%
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, CM12
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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
£1,832
Based on a loan of £375,000 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