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See how verdicts work2-bedroom bungalow · CM12 0RF
Listing removedReduced £25k (−6.7%) on 5 SepListed 68 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market with no onward chain, this bungalow presents an exciting opportunity for those seeking a complete renovation project.
Requiring full modernisation and improvement, the property offers considerable potential for a purchaser to create a home tailored entirely to their own requirements in an excellent location.
Situated on Perry Street, the property is approximately 1.4 miles from Billericay Railway Station, and within walking distance of Queens Park Country Park and Stock Brook Manor Golf and Country Club.
The surrounding area provides convenient access to local amenities, transport links, and schools, including Mayflower High School (0.4 miles) and Buttsbury Infant and Junior Schools (0.6 miles).
The accommodation currently comprises a good-sized entrance hall, front-facing main bedroom, side-facing second bedroom, spacious rear living room with patio doors to the garden, one bathroom, and a kitchen leading through to a conservatory which has garden access.
Externally, the property benefits from a long and secluded rear garden, featuring apple trees.
There is also a garage, providing useful additional storage or potential for further use, subject to any necessary consents, while the front provides off-road parking for several cars.
A shared driveway runs alongside the property, providing vehicular access to the garage and adding further convenience.
The property does require significant refurbishment, and would suit buyers seeking a project, with the opportunity to completely modernise and improve the accommodation, including rewiring and replumbing.
With its single-storey layout, private garden, garage and parking, this is a property offering genuine scope to create a comfortable and individual home in a sought-after area. (Ref: BIS260050)
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 326, Perry Street, Essex
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