This property presents a valuable opportunity for residential development in Billericay High Street, an area noted for its desirability and limited supply of housing. The site has received prior approval to convert commercial space into 10 self-contained apartments across the first and second floors, comprising 8 one-bedroom units and 2 two-bedroom units, aligning well with local demand trends. The inclusion of 18 allocated car parking spaces is a notable advantage in this prime high street location, making it particularly appealing to potential residents.
The surrounding environment includes established retail outlets and amenities, enhancing the site's attractiveness for future tenants. With the railway station just a short walk away, convenience for commuters to London Liverpool Street is assured, further supporting strong rental demand.
Moreover, there is additional development potential under consideration by the vendor which could significantly enhance the project's value proposition. Proposed plans include adding an extra residential unit on the ground floor as well as creating three more residential units by extending upwards. There are also plans for around 700 sq ft of ground floor commercial or office space that would cater to town-centre planning regulations. This presents an excellent prospect for developers interested in maximizing density and profitability while also providing options for mixed-use strategies.
With consented plans already in place and clear possibilities for expansion, this property stands out as an attractive investment opportunity in a competitive market. Detailed planning documents and drawings are available upon request.
