4 Gardiners Cottage, Gardiners Lane North, Crays Hill, Billericay, Essex CM11 2XE

Description

Freehold detached house with garage and gym in popular semi-rural location. Of interest to investors and owner -occupiers. This detached property is set back in this popular semi-rural location, and is presented in good order throughout. On top of the good sized family accommodation within the house there are a number of outbuildings including a summer house, home office/gym. and a garage with ample parking space on the driveway. The house benefits from 4 bedrooms a bathroom ensuite WC to master and a spacious kitchen and 2 reception rooms.

Location

4 Gardiners Cottage, Gardiners Lane North, Crays Hill, Billericay, Essex CM11 2XE. Located in the CM11 postcode district. Verify exact position, access, local demand and comparable evidence before bidding.

Investment Analysis

Investment Snapshot

Strategy Recommendation

Initial strategy: Development. Set the maximum bid only after reviewing condition, legal pack, finance, rents and sold evidence.

Works Required

Obtain a survey and contractor quotations. Allow for services, compliance, decoration and any structural, roofing, damp, kitchen, bathroom, external or development works identified.

Rental & Market Context

HB rental/value figures are indicative appraisal estimates and should be checked against current local letting and sold evidence.

Sold within approximately 5 miles

Check recent Land Registry transactions and closely matched local comparables for property type, size, tenure and condition.

Potential BRRR Position

Refinance potential depends on the completed condition, lender valuation, tenure and rental stress testing; development/commercial assets require specialist lender criteria.

Flip Analysis

Any resale margin must include SDLT, auction/legal fees, finance, holding costs, professional fees, contingency, selling costs and tax.

Investor Risks & Due Diligence

• Read the full legal pack and special conditions

• Verify tenure, occupancy, planning and title restrictions

• Inspect condition and obtain contractor quotations

• Confirm finance and insurance availability

• Verify rents and recent sold comparables

• Allow for buyer premium, administration charges and disbursements

Recommendation

Proceed only where verified total project cost supports the intended development strategy with adequate contingency.

Strategy Rating

Development: ★★★★☆ | Resale: ★★★★☆ | Buy-to-Let: ★★☆☆☆