The Retreat, Oak Road, Crays Hill, Billericay, Essex

Description

An impressive four-bedroom detached modern residence set within just under an acre of private, enclosed grounds. The property has been thoughtfully updated and features a newly fitted contemporary kitchen, marble flooring, multiple reception rooms, utility room and several bath/shower rooms. Externally, the property offers electric gates, extensive parking for 20+ vehicles, a swimming pool, double garage, bar and versatile outbuildings. A generous loft room provides further flexible space, ideal for a home office, studio or leisure use. The property presents an exceptional opportunity for those seeking a substantial family home with extensive grounds, entertaining facilities and ancillary accommodation.

Accommodation

Entrance Hall; Living Room - 11'11 x 15'4; Kitchen - 12'1 x 16'1; Lounge - 12'1 x 13'6; Dining Room - 13'0 x 18'0; Store; Bathroom - 8'5 x 10'4; Utility - 6'1 x 7'3; Bathroom - 8'11 x 4'6; Store; Utility - 19'3 x 15'10; Bedroom - 12'0 x 10'8; Bedroom - 11'11 x 10'4; Bedroom - 13'6 x 6'9; Dressing Room - 11'11 x 10'1; First Floor Landing; Bedroom - 11'5 x 16'1; Loft Room - 11'5 x 29'5; Outbuilding; Bar Room - 24'10 x 13'3; Bathroom - 4'11 x 9'2; Store; Outbuilding; Double garage - 24'6 19'0; WC; First Floor Landing; Store Room - 18'9 x 8'10; Outdoor Kitchen - 7'4 x 7'8

Location

Set in private, enclosed grounds of just under an acre.

Tenure / Property Information

Investment Analysis

The £690,000-plus-fees guide is not supported by sufficiently current or directly comparable evidence. Recorded sales for the same address range from £149,419 to £200,000, while Key Cottage on the same road sold for £640,000 in 2020. Differences in condition, accommodation, grounds and facilities prevent a reliable GDV estimate.

Investment Snapshot

Strategy Recommendation

Do not bid on the supplied evidence alone. Obtain a current valuation, detailed legal/planning review and full inspection before considering owner-occupier or investment purchase.

Works Required

No specific refurbishment works are evidenced. Verify the condition and legal status of the residence, pool, garage, bar, outbuildings and loft room before bidding; EPC D is noted.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

BRRR analysis cannot be reliably modelled without supported GDV, rent, refurbishment costs and buyer/admin fees. The guide is £690,000 plus fees, but refinance capacity cannot be assessed.

Buy-to-Let Analysis

BTL analysis cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. Buyer fees are also unspecified.

Flip Analysis

A flip surplus cannot be calculated because current GDV, works costs, acquisition fees and selling costs are unsupported. The available sales evidence is historic and materially inconsistent.

Investor Risks & Due Diligence

• Guide price is not supported by a reliable current comparable set.

• Historical sales for the same property are materially inconsistent.

• No rental evidence is available, preventing yield assessment.

• Buyer, administration and other auction fees are unspecified.

• Condition and legal/planning status of the pool, outbuildings, loft room and ancillary facilities require verification.

• EPC rating is D.

Recommendation

Do not bid on the supplied evidence alone. Obtain a current valuation, detailed legal/planning review and full inspection before considering owner-occupier or investment purchase.

Strategy Rating

Analysis Confidence

No current comparable valuation, rental evidence, condition survey, fees, council tax or auctioneer rent estimate is supplied; historical sales are inconsistent.