2 Bed Terraced House, Single Let, Billericay, CM11 2JN, £300,000

Salesbury Drive, Billericay, CM11 2JN - 3 views - 3 months ago

Sold STC
BTL
ROI: 1%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£277K - £1.1M
Sold Prices/m²£3.1K/m² - £12.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.4K/m²

Value Estimate

£375,000
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£12,700

Total Cash In

£87,700

 

 

Cash Out

 

Rent Range

£1,250 - £2,400

Rent Estimate

£1,284

Running Costs/mo

£1,214

Cashflow/mo

£70

Cashflow/yr

£836

ROI

1%

Gross Yield

5%

Local Sold Prices

40 sold prices from £277K to £1.1M, average is £350K. £3.1K/m² to £12.7K/m², average is £5.8K/m².

PriceDateDistanceAddressBeds 
£302.5K12/210.01 mi128, Salesbury Drive, Billericay, Essex CM11 2JN2
£290K12/200.08 mi53, Salesbury Drive, Billericay, Essex CM11 2JH2
£303K04/210.08 mi82, Salesbury Drive, Billericay, Essex CM11 2JH2
£280K05/210.14 mi11, Ash Green, Billericay, Essex CM11 2LR2
£330K08/220.18 mi15, Monoux Close, Billericay, Essex CM11 2JS2
£322K04/210.19 mi10, Elm Green, Billericay, Essex CM11 2LP2
£390K12/210.21 mi11a, Thynne Road, Billericay, Essex CM11 2HH2
£422.5K02/230.21 mi10, Outwood Farm Close, Billericay, Essex CM11 2ND2
£305K01/210.21 mi18, Morris Avenue, Billericay, Essex CM11 2LB2
£300K03/230.25 mi22, Oak Green, Billericay, Essex CM11 2JU2
£277K01/210.31 mi22, Oak Green, Billericay, Essex CM11 2JU2
£325K08/210.34 mi10, Beverley Rise, Billericay, Essex CM11 2HU2
£335K01/230.39 mi21, Bunting Lane, Billericay, Essex CM11 2YT2
£405K09/220.43 mi25, Skylark Close, Billericay, Essex CM11 2YZ2
£368K01/210.44 mi24, Skylark Close, Billericay, Essex CM11 2YZ2
£320K12/200.44 mi23, Skylark Close, Billericay, Essex CM11 2YZ2
£345K06/210.47 mi6, Wheatear Place, Billericay, Essex CM11 2YY2
£350K06/210.63 mi4, Redwing Drive, Billericay, Essex CM11 2PG2
£350K11/220.63 mi2, Redwing Drive, Billericay, Essex CM11 2PG2
£335K02/210.66 mi18, Jackdaw Close, Billericay, Essex CM11 2PH2
£1.1M10/220.67 mi106, Norsey Road, Billericay, Essex CM11 1BG2
£377.5K06/210.72 mi36, Burns Close, Billericay, Essex CM11 1LS2
£375K04/210.73 mi48, Highfield Road, Billericay, Essex CM11 2PE2
£460K12/200.74 mi9, Grey Lady Place, Billericay, Essex CM11 1LU2
£460K12/200.74 mi9, Grey Lady Place, Billericay, Essex CM11 1LU2
£432K05/210.74 mi5, Grey Lady Place, Billericay, Essex CM11 1LU2
£560K06/210.75 mi28, Hillside Road, Billericay, Essex CM11 2DA2
£535K12/220.76 mi40, Highfield Road, Billericay, Essex CM11 2PE2
£315K06/210.78 mi14, Norsey Road, Billericay, Essex CM11 2AA2
£438.5K03/210.81 mi50, Stock Road, Billericay, Essex CM12 0BD2
£350K02/230.81 mi11, Chapel Street, Billericay, Essex CM12 9LT2
£362.5K06/210.84 mi30, Maple Mead, Billericay, Essex CM12 9QS2
£625K03/230.88 mi6, Tanfield Drive, Billericay, Essex CM12 9EB2
£347.5K01/210.92 mi3, Briar Close, Billericay, Essex CM11 2RJ2
£306K09/210.93 mi4, Windmill Heights, Billericay, Essex CM12 9QY2
£285K01/210.95 mi36, Hickstars Lane, Billericay, Essex CM12 9RJ2
£635K02/230.95 mi7, Western Mews, Billericay, Essex CM12 9EA2
£685K01/230.95 mi3, Western Mews, Billericay, Essex CM12 9EA2
£335K06/230.96 mi10, Burstead Drive, Billericay, Essex CM11 2QS2
£417.5K10/200.97 mi55, Newlands Road, Billericay, Essex CM12 0QG2

Local Rents

31 rents from £1.3K/mo to £2.4K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,49511/240.25 mi-2
£1,50012/240.29 mi-2
£1,59512/240.46 miWheatear Place, CM112
£1,25012/240.68 miBurns Close, Billericay, CM112
£1,35012/240.72 miBurns Close, Billericay, Essex, CM112
£1,30012/240.72 miBurns Close, Billericay2
£1,50012/240.72 miBurns Close, Billericay, Essex, CM112
£1,45012/240.73 miCrown Road, Billericay2
£2,00012/240.78 miStock Road, Billericay, Essex, CM122
£1,49012/240.81 miStonechat Road, Billericay, CM112
£1,42512/240.81 mi-2
£1,45004/250.81 mi-2
£1,40012/240.81 miHawkley Court, Chapel Street, CM122
£1,45012/240.82 miChapel Street, Billericay, Essex, CM122
£1,39512/240.82 miMaple Mead, Billericay2
£2,40012/240.82 miSheradays Courtyard, High Street, Billericay, Essex, CM12 9BQ2
£1,27512/240.82 miChapel Street, Billericay, CM122
£1,45012/240.84 miRadford Court, Billericay, Essex, CM122
£1,30003/250.84 mi-2
£1,60012/240.85 mi-2
£1,60012/240.85 mi-2
£1,50012/240.94 miHigh Street, Billericay, CM122
£1,50012/240.94 mi-2
£1,50012/240.95 miSchool Road, Billericay2
£1,29904/250.99 mi-2
£2,05012/241.07 miPark View, 30 Radford Way, CM122
£2,10012/241.07 miPark View, 30 Radford Way, CM122
£1,39512/241.08 miArchers Close, CM122
£1,95012/241.09 miPark View, 30 Radford Way, CM122
£1,45012/241.11 miHammonds Lane, CM112
£1,50012/241.13 miHunts Mead, Billericay2

Local Area Statistics

Population in CM11

19,283

Population in Billericay

39,325

Town centre distance

0.57 miles away

Nearest school

0.20 miles away

Nearest train station

0.83 miles away

 

 

Rental growth (12m)

-15%

Sales demand

Balanced market

Capital growth (5yrs)

+11%

Property History

Listed for £300,000

January 13, 2025

Floor Plans

Description

  • Spacious two bedroom terraced house +
  • Both bedrooms generous size +
  • Drive for off street parking to front +
  • Shower room with double shower +

An ideal First Purchase or Buy to Let this spacious two bedroom terraced home certainly has a lot of potential. Benefitting from an over 18ft lounge/diner to the ground floor and generous bedrooms sizes to the first as well as drive for parking and south facing garden. The central heating and hot water are supplied by a combi boiler newly fitted to the kitchen in December 2023. The kitchen offers shaker style units with integrated fridge and freezer, electric undercounter oven and gas hob over with a door to the sunny garden at the rear. A handy large store area to the front and large hall space are found before taking the stairs to the first floor. This home is completed with those two spacious bedrooms with large double glazed windows allowing light to flood in and a bathroom refitted with a double shower also comprising of pedestal handbasin and WC. Specifications: GROUND FLOOR Entrance hall 14'11' x 7'1' (4.57m x 2.17m) Store room 7'2' x 5'4' (2.2m x 1.63m) Lounge/diner 18'9' x 11'2' (5.72m x 3.41m) Kitchen 9'11' x 7'5' (3.05m x 2.28m) FIRST FLOOR Bedroom one 14'5' x 8'6' ( 4.41m x 2.61m) Bedroom two 11'1' x 10'8' (3.39m x 3.27m) Shower room 6'5' x 6'5' (1.97m x 1.97m) EXTERNAL Block paved drive to front for off street parking, path to front door with artificial grass to one side and shingle to the other. Rear south facing garden with initial patio and path to the shed storage at the rear. The remainder is laid with low maintenance artificial grass with border to one side. EPC rating D Council Tax Band C

Agent Details

Tyler Estates, Billericay

01277 674562

Next Steps?

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