1-bedroom bungalow · CM12 0XG
For saleListed 7 days
Opportunity summary
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About
* FREEHOLD * STUDIO BUNGALOW, WITH OFF ROAD PARKING and NO ONWARD CHAIN. Modern kitchen with appliances, refitted bathroom, new WIFI controlled heating, ideal for first time buyers and downsizers !
** PLANNING PASSED FOR 1ST FLOOR EXTENSION ** FREEHOLD studio bungalow, popular cul-de-sac location on the Queens Park Development, is this freshly renovated studio bungalow,, being offered for sale with * NO ONWARD CHAIN * This property has the advantage of an allocated parking space, recently installed, Ecostrad WIFI controlled electric heating with smartphone app, renewed electrical consumer unit and hot water cylinder, with two immersion heaters, providing excellent water pressure, recently installed flooring and carpeting throughout.
The specification also includes a modern kitchen with integrated fridge / freezer, oven, electric hob, stainless steel extractor hood and sink / drainer and freestanding washing machine included.
Naturally light bedroom / living room, with two South facing windows, fitted wardrobes and pull down bed, built-in storage cupboard, the living space could be straight forwardly converted into two rooms.
The Hallway with loft access, the roof space has potential to create a first floor bedroom and bathroom (subject to planning consent being granted) the bathroom has been refitted with a modern white suite, including low level W.C, vanity unity wash hand basin, with two pull out drawers, paneled bath with shower attachment and screen, electric chrome heated towel rail, extensively tiled walls.
A fantastic investment opportunity with a predicted rental income of £1,000 per calendar month.
This property is conveniently located for the nearby bus route, takeaways, The Pantiles shopping area, which includes the Aldi Supermarket, a dentist, pharmacy and The Forge Pub.
Lake Meadows Park and Billericay Mainline Station are also within close proximity. This is a rare opportunity to purchase a freehold bungalow at this price level, ready for immediate occupation.
Entrance Hallway - 1.88m x 1.02m (6'2 x 3'4) - Refitted Bathroom - 1.88m x 1.68m (6'2 x 5'6) - Bedroom / Living Room - 4.47m x 3.99m reducing to 2.90m (14'8 x 13'1 reduc - Modern Kitchen With Appliances - 2.95m x 2.18m reducing to 1.63m (9'8 x 7'2 reducin - Allocated Parking - No Onward Chain - New Wifi Controlled Electric Heating - Fitted Wardrobes & Pull Down Bed - Recently Installed Electric Consumer Unit - Unvented 150 Litre Hot Water Cylinder -
Value & comps
No previous sales on record.
Returns
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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.
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About York Road, Billericay
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