3 Bed Terraced House, Single Let, Billericay, CM11 2JJ, £350,000

Salesbury Drive, Billericay, Essex, CM11 2JJ - 1 views - 6 months ago

Sold STC
BTL
ROI: 1%
~93 m²
+13 photos

ValuationUndervalued

Sold Prices£152K - £595K
Sold Prices/m²£1.9K/m² - £8.4K/m²

 

 

Square Metres

~93 m²
Price/m²£3.8K/m²

Value Estimate

£386,566
BMV10%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£16,700

Total Cash In

£104,200

 

 

Cash Out

 

Rent Range

£1,400 - £2,600

Rent Estimate

£1,459

Running Costs/mo

£1,406

Cashflow/mo

£53

Cashflow/yr

£641

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £152K to £595K, average is £356K. £1.9K/m² to £8.4K/m², average is £4.2K/m².

PriceDateDistanceAddressBeds 
£329.9K03/210 mi99, Salesbury Drive, Billericay, Essex CM11 2JJ3
£380K11/220.03 mi172, Salesbury Drive, Billericay, Essex CM11 2JN3
£275K03/210.03 mi172, Salesbury Drive, Billericay, Essex CM11 2JN3
£387.5K01/210.04 mi1, Gascoigne Way, Billericay, Essex CM11 2JL3
£350K06/210.05 mi26, Salesbury Drive, Billericay, Essex CM11 2JH3
£286K09/210.05 mi47, Salesbury Drive, Billericay, Essex CM11 2JH3
£350K01/230.05 mi45, Salesbury Drive, Billericay, Essex CM11 2JH3
£270K03/210.05 mi31, Salesbury Drive, Billericay, Essex CM11 2JH3
£300K03/210.05 mi34, Salesbury Drive, Billericay, Essex CM11 2JH3
£375K12/220.05 mi37, Salesbury Drive, Billericay, Essex CM11 2JH3
£360K12/220.05 mi6, Gascoigne Way, Billericay, Essex CM11 2JL3
£340K09/210.06 mi12, Gascoigne Way, Billericay, Essex CM11 2JL3
£458K02/210.06 mi3, Hillway, Billericay, Essex CM11 2LX3
£365K01/230.08 mi35, Greenway, Billericay, Essex CM11 2JP3
£285K01/210.09 mi45, Greenway, Billericay, Essex CM11 2JP3
£270.5K03/210.09 mi79, Greenway, Billericay, Essex CM11 2JP3
£320K07/230.09 mi25, Greenway, Billericay, Essex CM11 2JP3
£334K04/210.11 mi2, Ash Green, Billericay, Essex CM11 2LR3
£334K04/210.11 mi2, Ash Green, Billericay, Essex CM11 2LR3
£345K06/210.11 mi8, Ash Green, Billericay, Essex CM11 2LR3
£360K06/210.11 mi60, Stansted Close, Billericay, Essex CM11 2LD3
£357.5K04/210.11 mi4, Stansted Close, Billericay, Essex CM11 2LD3
£340K11/220.11 mi26, Stansted Close, Billericay, Essex CM11 2LD3
£152K03/210.11 mi329, Outwood Common Road, Billericay, Essex CM11 2LT3
£365K01/210.12 mi25, Glenside, Billericay, Essex CM11 2LY3
£390K07/210.14 mi21, Holbrook Close, Billericay, Essex CM11 2NG3
£355K08/210.14 mi26, Holbrook Close, Billericay, Essex CM11 2NG3
£350K06/210.14 mi29, Holbrook Close, Billericay, Essex CM11 2NG3
£357K09/210.14 mi6, Holbrook Close, Billericay, Essex CM11 2NG3
£565K01/230.15 mi25, Mons Avenue, Billericay, Essex CM11 2HQ3
£350K08/220.15 mi8, Monoux Close, Billericay, Essex CM11 2JS3
£327.5K02/210.15 mi4, Elm Green, Billericay, Essex CM11 2LP3
£310K04/230.15 mi12, Elm Green, Billericay, Essex CM11 2LP3
£412K10/220.19 mi6, Hatfield Drive, Billericay, Essex CM11 2NQ3
£385K08/210.19 mi5, Outwood Farm Close, Billericay, Essex CM11 2ND3
£370K06/230.19 mi40, Morris Avenue, Billericay, Essex CM11 2LB3
£350K06/230.19 mi19, Morris Avenue, Billericay, Essex CM11 2LB3
£380K11/220.2 mi36, Morris Avenue, Billericay, Essex CM11 2LB3
£470K11/210.21 mi264, Outwood Common Road, Billericay, Essex CM11 2LH3
£320K10/200.21 mi276a, Outwood Common Road, Billericay, Essex CM11 2LH3
£425K03/210.22 mi22, Outwood Farm Road, Billericay, Essex CM11 2NB3
£425K05/230.22 mi91, Meadow Rise, Billericay, Essex CM11 2EF3
£376.5K08/220.22 mi21, Oak Green, Billericay, Essex CM11 2JU3
£385K11/200.23 mi40, Thynne Road, Billericay, Essex CM11 2HH3
£435K10/200.23 mi7, Balmoral Close, Billericay, Essex CM11 2LL3
£350K03/210.23 mi31, Balmoral Close, Billericay, Essex CM11 2LL3
£370K03/210.23 mi21, Balmoral Close, Billericay, Essex CM11 2LL3
£595K05/210.24 mi412, Outwood Common Road, Billericay, Essex CM11 1ET3
£379K08/220.24 mi12, Oak Green, Billericay, Essex CM11 2JU3
£337.5K05/210.25 mi33, Morris Avenue, Billericay, Essex CM11 2JZ3

Local Rents

13 rents from £1.4K/mo to £2.6K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,55012/240.06 miSalesbury Drive, Billericay3
£1,40012/240.08 miSalesbury Drive, Billericay, Essex, CM113
£1,45012/240.23 miOutwood Common Road, Billericay, Essex, CM11 2LG3
£1,85002/250.39 mi-3
£2,00003/250.7 mi-3
£1,70012/240.77 miDawson Mews, Billericay, Essex, CM113
£1,70011/240.9 mi-3
£1,60012/240.96 miNewlands Road, CM123
£1,85012/241.05 miSpringfield Road, Billericay, Essex, CM123
£2,60012/241.12 miPark View, 30 Radford Way, CM123
£1,90012/241.14 mi-3
£1,52512/241.22 miWestbourne Gardens, BILLERICAY3
£1,55012/241.23 miDorset Way, CM123

Local Area Statistics

Population in CM11

19,283

Population in Billericay

39,325

Town centre distance

0.56 miles away

Nearest school

0.20 miles away

Nearest train station

0.87 miles away

 

 

Rental growth (12m)

-15%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £350,000

October 10, 2024

Sold for £193,500

2007

Sold for £68,000

2003

Floor Plans

Description

  • No onward chain with parking at the front for two cars. +
  • Three-bedroom mid-terrace with spacious, versatile accommodation. +
  • Open storm porch and external store for additional storage. +
  • Two ground-floor reception rooms with potential for improvement. +
  • Kitchen-diner with ample worktop space and built-in appliances. +
  • Three good-sized bedrooms and a four-piece bathroom upstairs. +
  • Gas radiator heating via a combi boiler and double-glazed windows. +
  • Rear garden approximately 42 feet deep with covered patio +
  • Walking distance to Infant and Primary school and local shops. +
  • 1-mile walk to Billericay station from the property. +

Enjoying the appeal of having no onward chain as well as parking at the front, this three-bedroom mid-terrace house offers good-sized, versatile accommodation.

With an open storm porch, a built-in external store, a kitchen-diner, and two ground-floor reception rooms, there is great potential for further improvements.

Upstairs, each of the three bedrooms is of a good size, and there is also a four-piece bathroom with a separate shower cubicle and a separate toilet.

Additionally, this house features gas radiator heating via a combi boiler, double-glazed windows, and a rear garden measuring approximately 42 feet in depth. The garden includes a covered patio, which is accessible via double doors from the second reception room.

Salesbury Drive is located in the Sunnymede area of Billericay. The property is within a short walk of the Infant and Primary school, as well as local shops, which are just a few minutes away. Furthermore, walking to the top of this road onto Hillway provides a 1-mile walk to the station.

ACCOMMODATION AS FOLLOWS...

ENTRANCE PORCH

The porch has a tiled floor and a door leading to an external store cupboard.

ENTRANCE HALLWAY

The wood-effect laminate floor extends through this hallway, which has doors leading to the two ground-floor rooms and the kitchen. A carpeted staircase leads to the first floor.

LOUNGE 5.51m x 3.36m (18'1 x 11')

The wood-effect laminate floor continues into the lounge area, which has a large rear-facing window and a fire surround with a gas fire (untested), which we understand will remain.

SECOND RECEPTION ROOM 2.6m x 2.29m (8'6 x 7'6)

This room has another laminate floor and double doors with glazed side panels that open onto the garden.

The room is currently used as a utility and overflow storage area, but in other properties, we have seen this space utilized as a home office or playroom.

KITCHEN/DINER 3.4m x 3.17m (11'1 x 10'4)

This kitchen-diner overlooks the front of the house. It has a slate-effect laminate floor, and a range of units fitted to two sides, which provide ample storage and worktop space. The kitchen includes a stainless-steel sink unit, a built-in double oven, a gas hob with a cooker hood, and spaces for a fridge freezer and washing machine.

FIRST FLOOR LANDING

From the landing, there is access to a drop-down hatch leading to the loft. The spindle staircase and open stairwell enhance the feeling of space.

Panel doors lead to each of the three bedrooms, the four-piece bathroom, and a separate WC.

BEDROOM ONE 4.55m x 3.33m (14'11 x 10'11)

Positioned at the rear of the house, this bedroom features a recessed rear window with a desk space, a built-in double wardrobe, and plenty of room for a double bed.

BEDROOM TWO 3.22m x 3.17m (10'6 x 10'4)

This second double bedroom is at the front of the house and has a built-in storage cupboard.

BEDROOM THREE 2.82m x 2.32m (9'3 x 7'7)

A good-sized single bedroom on paper, this room is located at the rear of the house. The measurements given reflect the clear floor space.

BATHROOM

This unexpectedly spacious bathroom features a four-piece white suite consisting of a push-button WC, a panel-enclosed bath with mixer taps, a wash basin with mixer taps, and a corner shower cubicle with a Triton electric shower.

SEPARATE WC

In addition to the toilet in the bathroom, you have this one aswell!

Being a separate room with its own window, you have the option of combining the two rooms to make an even bigger bathroom.

OUTSIDE

FRONT

The front of the property has been brick-paved to provide parking for two cars.

REAR GARDEN

Measuring approximately 42 feet, the rear garden begins with a covered paved area, with the remainder mainly laid to lawn. A central path leads to an additional seating area at the rear.

Agent Details

Henton Kirkman Residential, Billericay

01277 674669

Next Steps?

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