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Friday Street, Ockley, Dorking, Surrey, RH5 - Image 1
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Friday Street, Ockley, Dorking, Surrey, RH5

South East

£1,295,000
Listed on 27/06/2025

Property Details

Bedrooms
5
Type
Detached house
Area
2401 sqft

Description

This late Victorian detached home, Vann Cottage, offers a unique opportunity for renovation and potential investment in a tranquil village setting. With five bedrooms spread across three levels, the property features generous, adaptable living spaces that can be tailored to suit modern family needs. Upon entering, you are welcomed by a reception hall leading to a cozy sitting room equipped with a wood-burning stove and traditional casement windows that frame picturesque views of the surrounding countryside. This space flows into a dining area and conservatory—both areas present an excellent chance for modernization to enhance their functionality and aesthetic appeal. The kitchen/breakfast room is strategically located at the rear with access to a utility room, making it convenient for everyday use. The first floor houses a spacious main bedroom complete with an en-suite bathroom, alongside an additional bedroom serviced by a family bathroom and a study area that could be transformed into more sleeping quarters or office space as needed. The cleverly converted second floor features two roomy bedrooms and an additional shower room, making it ideal for accommodating guests or family members. Importantly, this property comes with granted planning permission for substantial extensions, providing ample scope for further development to increase both living space and value. Outside, the grounds span approximately 1.28 acres and offer extensive potential for landscaping or outdoor projects. The gardens are predominantly south-facing and provide a high level of privacy with sweeping lawns, mature trees—including copper beech and oak—and established flower beds that create an inviting atmosphere. A detached garden store and workshop add practical utility to the outdoor space. Accessed via a gravel driveway leading to a dedicated parking area, Vann Cottage is nestled in an unspoilt rural location that enhances its charm while also positioning it as an attractive investment opportunity for those looking to renovate or expand within this serene village environment.

Investment Analysis

(RH5 area)

Below Market Value

This property is priced -0.5% below area average per sq ft

-0.5%
Potential saving
This Property
£539/sq ft
Area Average
£542/sq ft
Avg Rent (weekly)
£502
Avg Yield
3.0%

Renovation Potential

Est. Renovation Cost
£129,500 - £323,750
10-25% of property value
Target Value
£1,432,136
10% above area average per sq ft
Potential ROI
-11.5%
After renovation
Monthly Sales
13
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (RH5)

Area prices are falling by +7.3% over the last 12 months
3 year growth: 11.5%
5 year growth: 5.0%
Investment Disclaimer: Analysis based on RH5 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Friday Street, Ockley, Dorking, Surrey, RH5
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