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Brocks Drive, Fairlands, Guildford

South East

£350,000
Listed on 02/11/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1033 sqft

Description

This semi-detached chalet bungalow features three bedrooms and is currently vacant, offering a blank canvas for those with an eye for renovation. The property is in need of extensive refurbishment, making it an appealing project for investors or owner-occupiers looking to add value through modernization and personal touches. Situated in the Fairlands area on the outskirts of Guildford, the location offers a balance between suburban tranquility and accessibility to key amenities. It includes driveway parking and a garage, which enhance its practicality for families or individuals seeking additional storage space. The neighborhood enjoys proximity to essential services such as the University of Surrey and Royal Surrey County Hospital, while Guildford’s vibrant town center—with its diverse selection of shops, restaurants, and recreational facilities—is just a short distance away. This advantageous location not only supports everyday living but also promises potential rental demand due to its appeal to professionals and students alike. Guildford itself is known for its excellent transport links, providing quick access to London within approximately 40 minutes via frequent rail services. Furthermore, major roadways like the A3, M25, and M3 are easily accessible, as are Heathrow and Gatwick Airports. Overall, this property presents a notable opportunity for those looking to invest in a desirable area with strong growth potential—ideal for creating a personalized living space or generating rental income in a sought-after market.

Investment Analysis

(GU3 area)

Below Market Value

This property is priced -31.9% below area average per sq ft

-31.9%
Potential saving
This Property
£339/sq ft
Area Average
£497/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£565,139
10% above area average per sq ft
Potential ROI
+25.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (GU3)

Area prices are falling by +8.2% over the last 12 months
3 year growth: -12.8%
5 year growth: 2.5%
Investment Disclaimer: Analysis based on GU3 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

Brocks Drive, Fairlands, Guildford
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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
£1,282
Based on a loan of £262,500 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