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Hazelmere Road, Petts Wood - Image 1
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Hazelmere Road, Petts Wood

South East

£850,000
Listed on 30/07/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1184 sqft

Description

Nestled in one of Petts Wood East's sought-after neighborhoods, this family-oriented residence presents a unique opportunity for renovation and investment. With three spacious bedrooms and two well-proportioned reception rooms, the home offers ample living space that can be tailored to modern needs. The property boasts a contemporary kitchen as well as a first-floor bathroom, allowing for comfortable living while providing a foundation for enhancements. The generous lot size is wider than average, hinting at significant potential for extensions or reconfigurations, subject to planning permissions. Outside, the sizeable garden measures approximately 100 feet by 70 feet, providing an ideal canvas for landscaping or outdoor improvements. Its South Westerly aspect ensures plenty of sunlight throughout the day, making it perfect for gardening enthusiasts or those seeking to create an outdoor retreat. Conveniently located just a short walk from Petts Wood station, residents can easily access transport links to London and beyond. Additionally, the nearby amenities of Station Square and Queensway enhance daily living with shops and services within reach. This property not only offers comfortable accommodation but also stands as an investment opportunity in a desirable location with renovation possibilities that can significantly increase its value over time.

Investment Analysis

(BR5 area)

Above Market Value

This property is priced +43.9% above area average per sq ft

+43.9%
This Property
£718/sq ft
Area Average
£499/sq ft
Avg Rent (weekly)
£426
Avg Yield
4.1%

Renovation Potential

Est. Renovation Cost
£85,000 - £212,500
10-25% of property value
Target Value
£649,767
10% above area average per sq ft
Potential ROI
-38.8%
After renovation
Monthly Sales
22
Average per month
Market Turnover
36%
Properties sold annually

Local Market Trend (BR5)

Area prices are rising by +13.3% over the last 12 months
3 year growth: 11.3%
5 year growth: 25.1%
Investment Disclaimer: Analysis based on BR5 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

Hazelmere Road, Petts Wood
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