High Street, Billericay, Essex, CM12 9AB

This is a rare chance to secure a consented development project situated in Billericay's bustling High Street, known for its desirability and limited residential supply. The property has been granted Prior Approval to convert from Class E (Commercial, Business and Service) to Class C3 (Residential), allowing for the construction of 10 self-contained apartments across the first and second floors. The proposed layout includes 8 one-bedroom and 2 two-bedroom units, catering well to local market needs. Notably, the development comes with 18 allocated parking spaces, which is a significant benefit given the prime town centre location. Surrounded by established shops, cafés, and necessary amenities, this site offers excellent connectivity with Billericay train station just a short walk away, ensuring easy access to London Liverpool Street – a key factor driving demand from both renters and buyers. Additionally, there is scope for further enhancement of the project through additional planning applications currently being prepared by the vendor. These include plans for an extra residential unit at ground level and the potential for an additional storey that could accommodate 3 more apartments. Furthermore, around 700 sq ft of ground floor commercial or office space is proposed at the front of the building to support local planning policies. This property presents compelling opportunities not only for immediate rental income through apartment sales but also offers avenues for increased density and improved Gross Development Value (GDV) in a highly sought-after area. With generous parking availability, planning certainty, and significant commercial viability due to strong local values, it stands as an attractive prospect for developers looking at both short-term returns and long-term growth potential.