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Cromwell Avenue, Billericay

East of England

£585,000
Listed on 31/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1200 sqft

Description

This extended three-bedroom family residence is situated in a desirable cul-de-sac, offering significant potential for renovation and expansion. Spanning approximately 1,200 square feet, it features a dual-aspect living room and a separate dining area that provides a comfortable space for family gatherings. The kitchen is equipped with modern appliances including a dishwasher and an oven-grill combo, but could benefit from updating to enhance its functionality and aesthetic appeal. There is direct access from the kitchen to the 80ft South West facing garden, which presents an opportunity for outdoor entertaining or future landscaping projects. The first floor consists of three bedrooms, with the master boasting ample built-in wardrobe space. The bathroom features a modern white suite but may require refreshing to meet contemporary standards. Additional highlights include an independent block-paved driveway that accommodates multiple vehicles, a garage with electric roller door, and security features such as gated access to the rear garden. Notably, there is substantial scope for further extension to both the side and rear of the property (subject to planning permission), which has been successfully executed in similar homes in the vicinity. This property not only offers immediate family living but also long-term investment potential due to its attractive location near Billericay Mainline Station and local schools.

Investment Analysis

(CM12 area)

Below Market Value

This property is priced -1.5% below area average per sq ft

-1.5%
Potential saving
This Property
£488/sq ft
Area Average
£495/sq ft
Avg Rent (weekly)
£406
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£653,598
10% above area average per sq ft
Potential ROI
+2.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
29%
Properties sold annually

Local Market Trend (CM12)

Area prices are stable by +1.7% over the last 12 months
3 year growth: +4.1%
5 year growth: +6.6%
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

Cromwell Avenue, Billericay
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,110
Based on a loan of £438,750 over 30 years at 4.06% 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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