3-bedroom flat · CM12 9BA
For saleListed 245 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Essentially a house on top of a shop! This huge split level apartment is the size and layout of a typical 3 Bedroom House, arranged over two floors and with a pitched roof (so loft) too.
It is situated above the newsagent at the south end of the High Street and thus is only a 4 minute walk from Billericay's Mainline Railway Station!
An ideal investment to rent out (we have had the same tenants in another one of these for 10 years in May this year!), it is ideally and very conveniently situated with its 'front door' accessed from the other side (back) of the row of shops below.
So you can be front door to high street in literally seconds.
Walking along the rear path, you go past the other three maisonettes and their front outside spaces and then arrive at this one at the end - nice as the large outside space is very private.
You then cross over what is essentially the flat roof of the shop below - doubling as your outdoor space and walk up to your private Front Door.
The generous Entrance Hall leads to an impressive open-plan Kitchen/Dining/Living Room featuring an open Fireplace and French doors opening to a small balcony overlooking the High Street - this in addition to the main Rear Terrace The cream 'Shaker' kitchen has contemporary grey concrete-effect worktops, a peninsular breakfast bar seating four, and integrated appliances including hob, oven, dishwasher and fridge/freezer.
Upstairs, the 15ft Master Bedroom enjoys westerly views and benefits from its own private Ensuite Shower Room (in addition to the main Bathroom) The second double bedroom and third bedroom (perfect office!) both overlook the High Street and are served by the aforementioned Bathroom.
The West facing roof terrace (the size of a small garden) offers distant views beyond the rooftops, giving lots of space for outdoor dining and a small storage shed.
SEE THE CGI - We've done a veery rough mock up using ChatGPT to show what we think you could do with this nice outdoor area.
The lease has 105 years remaining with ground rent of just £100 per annum and building insurance of £450 per annum. There's no service charge. NOTE: THERE IS NO PARKING.
The Accommodation in more detail: Footpaths from both the High Street and Western Road provide access 'round the back' of the building where a set of steps go up to the rear of the building.
A path runs past the other roof Terraces of the row of four identical Duplex flats here - this one at the end of the path so a little bit more private.
You then walk through your roof terrace to the front door.
ENTRANCE HALL 15ft x 6ft 3" (4.55m x 1.92m) A surprisingly big Hall with a very spacious feel, featuring 'Barn Grey' Wood effect vinyl flooring which extends on into the Living room, and a big under stairs cupboard.
LOUNGE/DINER 18ft 4" x 11ft 8" (5.59m x 3.58) Open plan with the Kitchen Area. The focal point of the Lounge area is the real open fireplace! Most unusual in a flat.
And based on the current cost of utilities, possibly quite energy efficient as well! French Doors in the Dining Area open out to small Balcony overlooking the High Street.
KITCHEN/DINER 15ft 3" x 11ft 3" (4.66m x 3.44m) Cream Shaker style Kitchen units are topped with contemporary 'Grey Concrete' effect square edge worktops.
These units incorporating a large Peninsular Unit separating the Kitchen Area from the Lounge, which doubles as a 4-Seater Breakfast Bar.
Appliances comprise a built in Hob with Oven below and an Extractor Hood above, Integrated Dishwasher & Fridge/Freezer and there's a space for washing machine.
Stairs from Hall to: FIRST FLOOR LANDING With the same wood effect laminate flooring as the ground floor and a loft hatch accessing the Loft - great additional storage.
MASTER BEDROOM 15ft x 8ft 4" (4.52m x 2.55m) Stylishly presented with laminate flooring and multiple ceiling lights, this double bedroom enjoys a window looking out to the Westerly views.
EN-SUITE SHOWER ROOM Thoughtfully incorporated, this tiled en-suite shower room provides you with a cubicle shower, pedestal wash basin, a close coupled W.C and trendy mirrored fronted bathroom cabinet.
BEDROOM TWO 12ft x 9ft 5" (3.68m x 2.89m) This second double room has a window to front overlooking the High Street and a large recess that conveniently fits two double wardrobes.
BEDROOM THREE 8ft 9" x 8ft 5" (2.67m x 2.58m) A single bedroom or perfect home office.
OUTSIDE The Roof terrace area with its pleasant westerly aspect enjoys distant views beyond the immediate roof tops and provides space for outside dining and entertaining.
There is a small external brick built shed for handy storage. LEASE The Lease term was 125 years from 1st January 2006, so 105 years remain. GROUND RENT £100 per annum.
BUILDING INSURANCE £450 per annum. SERVICE CHARGE The Vendor informs us there is NO Service Charge.
Just the buildings insurance, DUPLEX MEANING A duplex apartment is a flat that's spread over two floors (levels), connected by an internal staircase - essentially like having a small house within an apartment building.
In this case, the ground floor has the living spaces (kitchen, dining and lounge areas), while the first floor has all three bedrooms and bathrooms.
This layout gives you more separation between living and sleeping areas compared to a standard single-level flat and often feels more spacious and house-like.
The term "duplex" just means "two levels" - it helps distinguish this type of apartment from a regular flat where all the rooms are on one floor.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About High Street, Billericay, Essex, CM12 9BS
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