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Perry Street, Billericay

East of England

£550,000
Listed on 28/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1959 sqft

Description

This semi-detached chalet bungalow presents a valuable opportunity for renovation and expansion in a tranquil area of North Billericay. Boasting a generous plot size, the property features a separate garage and workshop, providing ample space for storage or potential redevelopment. The layout includes two versatile bedrooms, a large kitchen/breakfast room, and an inviting living area leading out to a well-maintained garden. With some character elements like a feature fireplace and decorative ceiling beams, the home retains charm while offering significant scope for modernisation. The first-floor bedroom includes eaves storage and the prospect of further development for additional living areas or en-suite facilities (pending necessary approvals). Located within walking distance of local schools, shops, and public transport links, this property is ideally situated. Given the absence of onward chain complications, it is primed for those looking to invest in a project with substantial growth potential.

Investment Analysis

(CM12 area)

Below Market Value

This property is priced -43.5% below area average per sq ft

-43.5%
Potential saving
This Property
£281/sq ft
Area Average
£497/sq ft
Avg Rent (weekly)
£398
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£1,070,339
10% above area average per sq ft
Potential ROI
+81.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (CM12)

Area prices are stable by +1.5% over the last 12 months
3 year growth: +3.6%
5 year growth: +5.7%
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

Perry Street, 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
£1,984
Based on a loan of £412,500 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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