£2,500,000
10 bed flat for saleHigh Street, Billericay, Essex CM12
10 beds
10 baths
- Freehold
Binks and Brown
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About this property
Residential Development Opportunity
10 Apartments Approved
Further Development Potential STPP
Marketable Unit Mix
Town Centre Parking Provision Included
Rare Consented Opportunity
Planning Ref: 24/00728/pacu
Prime High Street Location
Council tax band: tbc
An exceptional opportunity to acquire a consented residential development in the heart of Billericay High Street, one of Essex's most desirable and supply-constrained commuter towns.
Prior Approval has been granted for the change of use from Class E (Commercial, Business and Service) to Class C3 (Residential), permitting the creation of 10 self-contained apartments arranged over the first and second floors.
The approved scheme comprises 8 one-bedroom and 2 two-bedroom apartments, a highly marketable unit mix aligned with local demand.
Importantly, the scheme benefits from 18 allocated car parking spaces - a significant premium for a High Street location and a key differentiator within Billericay town centre.
The property occupies a prominent position within a thriving commercial environment, surrounded by established retailers, cafés, and amenities. Billericay railway station is within walking distance, providing regular mainline services to London Liverpool Street and underpinning strong commuter and rental demand.
Further Development Potential (Subject to Planning):
In addition to the approved scheme, the vendor is in the process of preparing a further planning submission to enhance the development, offering clear future upside for an incoming purchaser.
This includes proposals for:
1 additional residential unit at ground floor level.
An additional storey, creating 3 further residential units.
Approximately 700 sq ft of ground floor office/retail space to the front of the building, designed to satisfy town-centre and planning policy requirements.
Drawings have been prepared to support this next phase, presenting an attractive opportunity for developers seeking value engineering, increased density, and improved gdv in a prime location.
Key Features:
Prior Approval Granted for 10 apartments.
18 Car Parking Spaces - a major premium for Billericay High Street.
Approved Unit Mix: 8 × 1-bed, 2 × 2-bed apartments.
Prime Town Centre Position in a high-value commuter market.
Walking Distance to Mainline Station (London Liverpool Street).
Further Development Potential (subject to planning).
Scope for Additional Units & Extra Floor.
Ground Floor Commercial / Office Space Proposed.
Strong Exit Options: Private sale, prs, or mixed strategy.
Developer & Investment Appeal:
Consented town-centre opportunities of this scale in Billericay are rare. The combination of planning certainty, generous parking provision, and clearly defined future development potential makes this a compelling proposition for developers seeking both immediate deliverability and longer-term upside.
The High Street setting, coupled with strong local values and sustained demand for well-located apartments, underpins the scheme's commercial viability and attractiveness to the market.
Further information, including planning documentation, approved and proposed drawings are available upon request. Early enquiries are encouraged.
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