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See how verdicts work3-bedroom semi-detached house · CM11 2BU
Sold STCListed 177 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SOLD PRIOR TO MARKETING Here is a project for those feeling brave enough - and for the right buyer, it could prove to be an extremely rewarding one.
Positioned in a quiet cul-de-sac close to Mill Meadows and just 0.5 miles from Billericay town centre, this three-bedroom semi-detached house is in need of full refurbishment throughout.
With no heating currently in place and the water switched off due to a leak, cash buyers are ideally required but for those with the vision and means to take it on, this is a genuine opportunity not to be missed.
The property comes with its own driveway, an attached garage and generous space all around, including a south-facing rear garden.
With the land available, there is the obvious potential for various side, front and rear extensions, a combination of projects that could significantly increase the value upon completion.
ENTRANCE HALL LOUNGE 4.48m x 3.26m (14'8 x 10'8) KITCHEN DINER 4.46m x 2.84m (14'7 x 9'3) FIRST FLOOR LANDING BEDROOM ONE 3.56m plus wardrobes x 2.54m (11'8 plus wardrobes x 8'4) BEDROOM TWO 3.23m x 2.58m (10'6 x 8'5) BEDROOM THREE 2.60m x 1.82m (8'6 x 5'11) BATHROOM 1.83m x 1.70m (6'0 x 5'6) ATTACHED GARAGE 5.18m x 2.57m (16'11 x 8'5) SOUTH-FACING REAR GARDEN DOUBLE-LENGTH FRONT DRIVEWAY
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 Prower Close, Billericay, Essex, CM11 2BU
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