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Romney Road, Billericay, Essex CM12 - Image 1
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Romney Road, Billericay, Essex CM12 - Image 3

Romney Road, Billericay, Essex CM12

East of England

£500,000
Listed on 01/04/2026

Property Details

Bedrooms
4
Type
Semi Detached

Description

This semi-detached chalet bungalow presents a promising opportunity for those looking to invest in a property with substantial potential for transformation. The layout features a spacious dining/family room, a separate lounge, and a kitchen that connects to a utility room/conservatory, providing ample space for modernization. One bedroom is conveniently located on the ground floor alongside a family bathroom, while the upper level features three additional well-sized bedrooms with eaves storage. Outside, the large private rear garden offers possibilities for landscaping or outdoor living enhancements, while the front boasts a shared driveway and garage. Situated on Romney Road, the property enjoys close proximity to Billericay's high street and train station, with access to reputable local schools, making it an attractive proposition for families seeking to create their ideal home.

Investment Analysis

(CM12 area)
Area Average
£498/sq ft
Avg Rent (weekly)
£396
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
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
13%
Properties sold annually

Local Market Trend (CM12)

Area prices are falling by -2.6% over the last 12 months
3 year growth: +1.7%
5 year growth: +2.9%
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

Romney Road, Billericay, Essex CM12
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,771
Based on a loan of £375,000 over 30 years at 3.91% 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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