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 work3-bedroom bungalow · CM11 1LJ
Listing removedListed 621 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
DEVELOPMENT POTENTIAL (SUBJECT TO PLANNING) WITH LARGE GARDEN, NUMEROUS OUTBUILDING, GARAGES, WORKSHOP, ANNEX, BARN AND ADDITIONAL PLOT, 3 BEDROOM DETACHED BUNGALOW AND FARMLAND VIEWS TO REAR.
EXTENSIVE GATED DRIVEWAY AND BUSINESS POTENTIAL.
Situated in a semi-rural location with farmland views towards Downham Church to rear is this 3 bedroom detached bungalow offering spacious accommodation and benefitting from large garden with additional plot and a wide range of outbuildings including garages, workshop, barn and annex/office space.
The property has an additional plot offering scope for development (subject to planning) and business use including gated parking and extensive drive to front.
Double glazed door to: Entrance Hall - Double glazed windows to rear and side.
Part glazed door to: Lounge/Diner - 6.86m x 5.59m (narr3.96m) (22'6 x 18'4 (narr13')) - Double glazed windows to front and side. Brick fireplace. Two radiators (untested).
Bedroom 3 - 2.84m x 2.79m (9'4 x 9'2) - Double glazed window to front. Radiator (untested). Inner Hall - Large double airing cupboard. Access to loft.
Shower Room - Suite comprising of low level WC, vanity wash hand basin and shower cubicle. Extensive tiled surround. Radiator/rail (untested).
Kitchen - 4.52m x 2.84m (14'10 x 9'4) - Double glazed window to side.
Range of base and wall mounted units providing drawer and cupboard space with work top surface extending to incorporate inset sink unit. Integrated dishwasher and fridge freezer (appliances untested).
Built in oven, hob and extractor fan above (all untested). Tiling to floor and splashback. Side Porch - 2.90m x 1.37m (9'6 x 4'6) - Double glazed door to side. Additional range of fitted cupboards.
Bedroom 1 - 3.66m x 2.79m (plus recess) (12' x 9'2 (plus reces - Double glazed window to rear. Radiator (untested). Bedroom 2 - 2.79m x 2.64m (9'2 x 8'8) - Double glazed window to side.
Radiator (untested). Coved ceiling. Main Bathroom - 2.64m x 2.24m (8'8 x 7'4) - Double glazed opaque window to side. Suite comprising of low level WC, vanity wash hand basin and corner bath unit.
Tiling to floor. Radiator/rail (untested). Sitting Room - 4.29m x 3.30m (14'1 x 10'10) - Double glazed window to side. Radiator (untested). Laminate finish to floor.
Double glazed French doors to: Large Conservatory - 4.93m x 4.78m (16'2 x 15'8) - Double glazed windows to sides and rear. Double glazed French doors to rear garden.
Large Rear Garden - 67.06m x 27.43m (plot) (220' x 90' (plot)) - The main plot measures approximately 220'x 90' (STLS). Commencing with paved patio with remainder laid to lawn. Vegetable patch.
Double Garage - Roller up and over door to front. Power and light connected (untested).
Large Single Garage - 6.81m x 2.69m (22'4 x 8'10) - Barn/Workshop - 14.63m x 5.54m (48' x 18'2) - Attached Store - 6.30m x 2.84m (20'8 x 9'4) - Annex Facility - Comprising of Office 19' x 10'10, window to side, Radiator (untested).
Entrance Hall Kitchenette 14' x 9'8, - Window to side. Radiator (untested). Range of base and wall mounted units. Utility cupboard with space for washing machine and tumble dryer.
Shower Room 10'6 x 6', - Suite comprising of low level WC, wash hand basin and shower cubicle. Radiator (untested).
Additional Offices/Storage Rooms - Comprising Store Room 41' x 11', Office 1 13' x 10', Office 2 15'2 x 10', Office/Storage 3 19' x 10'10 Additional Plot With Possible Frontage - approx 54.86m x 12.19m (approx 180' x 40') - Frontage and access need to be legally established.
Gated Driveway - Secure gated parking for numerous vehicles with additional in/out driveway to front providing access to further garage.
Potential Subject To Planning - The property benefits from an additional large plot running at 90 degrees back to Castledon Road and offers possible potential in the future subject to planning and establishing any right of access.
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 Vera Road, Downham, Billericay
Explore nearby
