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Kevin Close, Billericay CM11

East of England

£375,000
Listed on 09/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
592 sqft

Description

This well-positioned two-bedroom semi-detached bungalow offers an exciting opportunity for renovation and investment. Set on a spacious corner plot, it features off-street parking with a block-paved driveway and a detached garage, providing ample space for vehicle accommodation. The property's layout showcases high ceilings that enhance the sense of openness in the living areas. A recent kitchen upgrade in 2025 introduces modern elements, while the lounge invites natural light and seamlessly connects to a bright conservatory that overlooks a sizable garden. With potential for extension or enhancement (subject to planning permission), this bungalow is particularly suited for those looking to create a customized living space. Eco-friendly solar panels have been installed, significantly reducing energy costs and offering an appealing feed-in tariff rate, which can be retained by new owners. The layout includes two comfortable bedrooms and practical amenities throughout, making this property an ideal candidate for those ready to add value through thoughtful renovations.

Investment Analysis

(CM11 area)

Above Market Value

This property is priced +40.6% above area average per sq ft

+40.6%
This Property
£633/sq ft
Area Average
£451/sq ft
Avg Rent (weekly)
£421
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£293,366
10% above area average per sq ft
Potential ROI
-29.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (CM11)

Area prices are rising by +3.9% over the last 12 months
3 year growth: -3.1%
5 year growth: 17.2%
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

Kevin Close, Billericay CM11
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,374
Based on a loan of £281,250 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE