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Crays Hill, Billericay

East of England

£529,950

Listed on 05/06/2026

Property Details

Bedrooms
4
Type
Detached
Area
1491 sqft

Description

This four-bedroom detached cottage, nestled in the serene Crays Hill Village, presents a promising opportunity for investors and those looking to create their dream home. Originally built in the 1920s, this property retains classic charm while offering significant potential for renovations and extensions (subject to planning permission). Its spacious layout includes two reception rooms with an abundance of natural light, featuring a living room with a woodburning stove and access to a generous south-east facing garden that stretches 78 feet. The kitchen/breakfast room is equipped with granite surfaces and built-in appliances, providing a solid foundation for any aspiring chef. Upstairs, four well-sized bedrooms are complemented by two fully tiled bathrooms—one featuring a freestanding roll-top bath—and a balcony that offers delightful views over the adjacent parkland. Off-road parking is available at the front, enhancing convenience. Notably, there are preliminary plans for an extension available from the vendor, which could transform this property into an expansive family residence.

Investment Analysis

(CM11 area)

Below Market Value

This property is priced -20.7% below area average per sq ft

-20.7%
Potential saving
This Property
£355/sq ft
Area Average
£448/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £70,000
Target Value
£734,847
10% above area average per sq ft
Potential ROI
+22.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (CM11)

Area prices are rising by +3.5% over the last 12 months
3 year growth: -0.2%
5 year growth: +14.0%
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

Crays Hill, Billericay
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,002
Based on a loan of £397,462 over 30 years at 4.45% 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.

Stamp Duty Calculator

Price History

-8.6% since listed
£529,950£20,050(-3.6%)
14/04/2026
Current price
£550,000£29,950(-5.2%)
11/03/2026
£579,950Initial listing
03/02/2026

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