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The Spinney, Billericay, CM12

East of England

£1,350,000
Listed on 28/02/2026

Property Details

Bedrooms
5
Type
Detached house
Area
3434 sqft

Description

This spacious family residence, located on a desirable corner plot, holds substantial promise for those looking to make their mark through renovation. While the property requires modernization across various areas, it offers an exceptional opportunity to craft a long-term family home that reflects personal style and preferences. The three-floor layout includes five bedrooms and multiple reception spaces, creating a flexible environment conducive to a variety of configurations. The lower ground floor is particularly noteworthy; it holds possibilities for transformation into an independent annexe, ideal for accommodating extended family or guests, or even serving as a home office. Additionally, there are rooms that can be repurposed according to future needs. On the upper levels, comfortable bedroom spaces come equipped with useful facilities such as an en-suite in the primary bedroom and pleasant views of the surroundings. The exterior benefits from a generous garden—up to 100ft deep—offering plenty of opportunities for enhancements and outdoor entertainment options. With proximity to local amenities including schools and parks, this property stands out not just for its potential but also for its prime location making it an attractive prospect for investment. Viewing is encouraged to fully appreciate what this home could become.

Investment Analysis

(CM12 area)

Below Market Value

This property is priced -20.9% below area average per sq ft

-20.9%
Potential saving
This Property
£393/sq ft
Area Average
£497/sq ft
Avg Rent (weekly)
£398
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£1,876,235
10% above area average per sq ft
Potential ROI
+33.1%
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

The Spinney, Billericay, CM12
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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
£4,869
Based on a loan of £1,012,500 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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