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26 Windsor Street, Chertsey, KT16 8AS - Image 1
26 Windsor Street, Chertsey, KT16 8AS - Image 2
26 Windsor Street, Chertsey, KT16 8AS - Image 3
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26 Windsor Street, Chertsey, KT16 8AS - Image 5

26 Windsor Street, Chertsey, KT16 8AS

Unknown Region

£500,000
Listed on 02/12/2024

Property Details

Bedrooms
N/A
Type
Detached house
Area
1690 sqft

Description

This property presents a unique opportunity for renovation and investment, showcasing a well-maintained character office space with significant potential for transformation. Spanning three levels, the building comprises ground, first, and second floors, with the ground floor featuring a recently added modern extension that seamlessly connects to a private courtyard garden. The interior includes a newly installed kitchen and bathroom alongside preserved traditional elements, offering a blend of contemporary functionality and historical charm. The upper floors each consist of two rooms—one facing the front and another at the back—both adorned with original fireplaces that add to the character of the space. The installation of new air conditioning throughout enhances comfort, making it suitable as an office space or potentially as residential accommodation. The property offers significant scope for conversion into a single dwelling or multi-unit residence, pending appropriate planning permissions. Situated in Chertsey Town Centre, this location benefits from a vibrant mix of residential and commercial properties. Its proximity to Junction 11 of the M25 provides excellent transport links to London, while both Heathrow and Gatwick airports are easily accessible. A short walk leads to Chertsey railway station, ensuring convenient commuting options. The bustling high street nearby is filled with bars, restaurants, and local attractions, contributing to an appealing environment for both work and leisure. This property not only serves as a functional office but also holds considerable investment potential, making it an attractive option for those looking to capitalize on its versatility in one of Chertsey's thriving areas.

Investment Analysis

(KT16 area)

Below Market Value

This property is priced -39.8% below area average per sq ft

-39.8%
Potential saving
This Property
£296/sq ft
Area Average
£491/sq ft
Avg Rent (weekly)
£370
Avg Yield
3.7%

Renovation Potential

Est. Renovation Cost
£50,000 - £125,000
10-25% of property value
Target Value
£913,234
10% above area average per sq ft
Potential ROI
+46.1%
After renovation
Monthly Sales
16
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (KT16)

Area prices are falling by +10.3% over the last 12 months
3 year growth: -2.9%
5 year growth: 11.9%
Investment Disclaimer: Analysis based on KT16 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

26 Windsor Street, Chertsey, KT16 8AS
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