We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom bungalow · CM12 9PR
Listing removedListed 451 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Affording a lovely southerly aspect this two bedroomed extended semi detached bungalow enjoys a 100' garden and obscured views towards the backing golf course from the first floor loft space, which has been carpeted and enjoys a dormer window for natural light.
Being within the Tye Common area of Billericay, the property sits within catchment for both Quilters Primary and Billericay Secondary School while having a depth of tranquil Farmland/Countryside walks to discover on your doorstep.
In addition to two bedrooms there is a shower room, a kitchen, a separate dining area and a large rear living room with double doors opening onto the garden.
As well as the obvious potential for enlargement, further points of note include UPVC double glazed windows, gas radiator heating and the appeal of having no onward chain. Accommodation as follows...
L SHAPED HALLWAY BEDROOM ONE 4.85 m x 3.07 m (15'10 x 10') BEDROOM TWO 2.76 m x 2.69 m (9' x 8'9) SHOWER ROOM KITCHEN 2.93 m x 2.82 m (9' 7 x 9'2) DINING AREA 4.15 m x 3.07 m (13'7 x 10') LIVING ROOM 5.54 m x 3.95 m (18'2 x 12'11) PAVED DRIVEWAY APPROXIMATE 100' REAR GARDEN
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
Agent & docs
FAQ
About Second Avenue, Billericay, Essex, CM12 9PR
Explore nearby
