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Farnborough Road, Farnham, Surrey, GU9 - Image 1
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Farnborough Road, Farnham, Surrey, GU9 - Image 3
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Farnborough Road, Farnham, Surrey, GU9 - Image 5

Farnborough Road, Farnham, Surrey, GU9

South East

£275,000
Listed on 02/11/2024

Property Details

Bedrooms
2
Type
Semi-detached house
Area
505 sqft

Description

This two-bedroom period cottage presents a unique opportunity for renovation enthusiasts and investors alike. While it currently requires modernization, its inherent charm and classic features signal significant potential for transformation. Nestled in a location that provides convenient access to local amenities, the property is well-situated for those seeking a balance between suburban tranquility and urban convenience. The surrounding area boasts a variety of shops, dining options, and essential services, all within a short distance. Inside, the cottage features double bedrooms that offer a solid foundation for reimagining the space according to modern standards. With thoughtful renovations, there’s ample opportunity to enhance the layout and introduce contemporary comforts while preserving its historical character. As a freehold property within Council Tax Band B, this cottage represents not just a home but also an investment with considerable upside potential. Whether you’re looking to create your dream residence or seeking a project to increase rental income or resale value, this property stands out as an intriguing option in today’s market.

Investment Analysis

(GU9 area)

Above Market Value

This property is priced +10.9% above area average per sq ft

+10.9%
This Property
£545/sq ft
Area Average
£491/sq ft
Avg Rent (weekly)
£348
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£272,667
10% above area average per sq ft
Potential ROI
-13.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (GU9)

Area prices are stable by +1.4% over the last 12 months
3 year growth: -5.3%
5 year growth: 2.5%
Investment Disclaimer: Analysis based on GU9 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Farnborough Road, Farnham, Surrey, GU9
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,007
Based on a loan of £206,250 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE