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See how verdicts work2-bedroom bungalow · CM12 9NP
Sold STCListed 195 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Excellent potential for redevelopment/enlargement, 197ft x 60ft plot, south facing rear garden, two-bedroom detached bungalow, no onward chain.
The property is entered via an entrance hall leading to the main living areas.
To the front, a spacious living room provides a welcoming central hub, while a separate sitting room offers additional space for relaxing or entertaining and connects to the kitchen.
Positioned at the rear, the kitchen opens into a the sitting room which leads to the bright breakfast room overlooking the garden, with a separate dining room ideal for more formal occasions.
There are two bedrooms within the main house, including a generous principal bedroom with dressing room and en-suite, alongside a well-sized second bedroom served by a family bathroom.
Further benefits include a utility room and useful storage.
Externally, the property boasts a substantial south-facing rear garden, enjoying excellent natural light and offering great potential for landscaping or extension (subject to permissions).
A detached outbuilding includes a garage, workshop, and separate study, ideal for home working or hobbies.
For commuters, London is easily accessible via direct rail services from Billericay station, while Chelmsford provides further shopping, dining, and leisure options.
Excellent road links via the A12 and M25 add to the convenience.
Offered with no onward chain, this is a fantastic opportunity to modernise and add value, set within a generous plot with a desirable south-facing aspect.
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
Agent & docs
FAQ
About Fairfield Rise, Billericay, CM12
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