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Lorraine Close, Billericay, CM11

East of England

£450,000

Listed on 20/07/2026

Property details

Bedrooms
3
Type
Not Specified
Area
1200 sqft

Description

This generously sized three-bedroom chalet bungalow, free from any onward chain, offers significant potential for those interested in renovation and modernization. Situated in a quiet cul-de-sac on a desirable corner plot, the property features a welcoming entrance hall that leads to a separate lounge, a dining room, and a bright conservatory. The ground floor also includes a kitchen, shower room/wetroom, separate WC, and a ground-floor bedroom—ideal for accommodating family members or creating a retreat for teenagers. The current layout presents an excellent foundation for an open-plan living area (subject to planning permission), allowing personalized design to suit modern lifestyles. A first-floor extension houses a spacious primary bedroom along with another double bedroom and a separate WC, providing further opportunities for reconfiguration to match contemporary preferences. With the advantage of a two-year-old combi gas boiler ensuring efficient heating throughout, this home is well-equipped for family living. It is conveniently located near sought-after schools and shopping facilities, along with excellent transport connections including main bus routes and proximity to Billericay Town station—offering direct access to London Liverpool Street in approximately 35 minutes. The property also boasts outdoor appeal with off-street parking on the private driveway and additional possibilities for parking expansion. There's a garage at the rear which could be removed to enhance garden space further. The south-easterly oriented garden is perfect for relaxation and play, featuring mature plants. The conservatory provides seamless access to this outdoor space and presents an opportunity for potential extension. With its versatile format and prime location, this bungalow is filled with possibilities for customization—perfectly positioned as either an immediate residence or as part of your renovation aspirations.

Investment analysis

(CM11 area)

Below Market Value

This property is priced -16.0% below area average per sq ft

-16.0%
Potential saving
This Property
£375/sq ft
Area Average
£447/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£589,578
10% above area average per sq ft
Potential ROI
+17.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (CM11)

Area prices are stable by +1.9% over the last 12 months
3 year growth: -0.4%
5 year growth: +10.1%
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

Lorraine Close, Billericay, CM11
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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
£1,700
Based on a loan of £337,500 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

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