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Greenfields, Billericay CM12

East of England

£875,000
Listed on 04/05/2026

Property Details

Bedrooms
4
Type
Detached

Description

This spacious five-bedroom detached home offers significant potential for renovation and investment. Located just a mile from the nearest train station, this property is ideal for commuters heading into the city, while still providing easy access to local amenities, only half a mile away via scenic walking paths. The property boasts a generous south-facing garden, measuring 62ft x 42ft, perfect for outdoor activities or landscaping projects. The home's layout features a large entrance hall leading to multiple reception spaces, including a 19ft lounge with fireplace, a formal dining room with folding doors, and a conservatory that opens up to the garden. The kitchen is spacious and includes an adjoining utility room—both areas could benefit from modern updates. Upstairs are five well-proportioned bedrooms that accommodate double beds; the master benefits from an ensuite shower room alongside a family bathroom. Constructed in 1991 by respected local developers, this residence offers solid foundations, yet there is room for contemporary upgrades throughout. Notably, the property is equipped with UPVC double-glazed windows and gas central heating. With some planned developments nearby that are unlikely to affect its outlook significantly due to established green space between properties, this house presents an excellent opportunity for enhancement in a desirable location. Investors should consider the potential for cosmetic updates and layout reconfiguration to maximize living space and appeal.

Investment Analysis

(CM12 area)
Area Average
£495/sq ft
Avg Rent (weekly)
£338
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (CM12)

Area prices are stable by -0.9% over the last 12 months
3 year growth: +3.0%
5 year growth: +3.4%
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

Greenfields, Billericay CM12
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£3,122
Based on a loan of £656,250 over 30 years at 3.97% 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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