Development Opportunity FOR SALE in Billericay, Essex

Property Description

Prime Residential Development Opportunity – 57 Units – Billericay, Essex – £27.2M GDV
Fraser Bond is pleased to present a substantial residential development opportunity in the highly sought-after commuter town of Billericay, Essex.
This strategically positioned site offers a well-balanced scheme comprising 57 residential units, including a mix of family houses and contemporary apartments, designed to meet strong local demand from both owner-occupiers and the private rental sector.
Extending to approximately 51,087 sq ft of saleable accommodation, the scheme benefits from a compelling planning basis and sits within a borough experiencing sustained housing growth and planning momentum. The surrounding area is characterised by established residential neighbourhoods, quality schooling, and excellent transport connectivity into Central London.
With a projected Gross Development Value of £27.28 million and a forecast profit margin exceeding 23%, the scheme provides a robust and resilient development profile. The opportunity is further enhanced by flexibility in exit strategy, with potential for phased private sales, institutional PRS delivery, or long-term income retention.
Price
£7,000,000
Key Features
Residential development site in prime Essex commuter location
Proposed scheme of 57 units (27 houses, 30 apartments)
Approx. 51,087 sq ft saleable area
Strong planning position with supportive local authority framework
GDV of £27.28 million
Forecast profit of £6.37 million (23.3% margin)
Suitable for build-to-sell or PRS strategy
Located within an established and affluent residential market
Excellent connectivity to London Liverpool Street
Potential for phased delivery or income-producing retention
Billericay is one of Essex’s most desirable residential towns, offering a blend of village character and strong commuter connectivity. The High Street provides a range of independent retailers, cafés, and national brands, while surrounding green spaces such as Norsey Wood and Lake Meadows enhance lifestyle appeal.
The area is particularly popular with families and professionals due to its schooling provision, safety, and direct rail links into Central London. Continued residential expansion within the Basildon borough underpins long-term capital growth and rental demand.
This is a rare opportunity to acquire a scale development site in a proven commuter location with:
Strong margin protection against build cost volatility
Dual exit routes (private sales or PRS stabilisation)
Alignment with local housing demand fundamentals
Positioning within an active planning and growth corridor
The scheme offers both immediate development viability and longer-term institutional appeal.
For further information, planning documentation, or to arrange a confidential discussion, please contact Fraser Bond’s development and investment team.