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Mill Road, Billericay

East of England

£700,000
Listed on 27/03/2026

Property Details

Bedrooms
4
Type
Detached
Area
958 sqft

Description

This spacious four-bedroom chalet-style home presents a promising opportunity for investors and those looking to create their ideal living space. With a considerable footprint, this property features a generous lounge measuring 20ft x 15ft, and a large kitchen diner, both of which provide ample space to reconfigure or upgrade as desired. The detached garage adds further value and serves as additional storage or potential workshop space. Notably, there is a side plot that allows for possible extensions and improvements, subject to planning permission. The secluded rear garden offers privacy and potential for landscaping, while the property's proximity to local amenities, including St Peter's Catholic School, makes it an attractive choice for families. Having been owned by the same family since 1956, this residence is entering the market with no onward chain, making it an excellent canvas for modernisation and expansion.

Investment Analysis

(CM11 area)

Above Market Value

This property is priced +62.6% above area average per sq ft

+62.6%
This Property
£731/sq ft
Area Average
£449/sq ft
Avg Rent (weekly)
£387
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £70,000
Target Value
£473,420
10% above area average per sq ft
Potential ROI
-38.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
34%
Properties sold annually

Local Market Trend (CM11)

Area prices are rising by +6.4% over the last 12 months
3 year growth: +1.8%
5 year growth: +17.4%
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

Mill Road, 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
£2,525
Based on a loan of £525,000 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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