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Ranmore Road, Dorking, Surrey

South East

£550,000
Listed on 24/12/2023

Property Details

Bedrooms
3
Type
Detached
Area
840 sqft

Description

This Edwardian detached residence, dating back to the early 1900s, presents a rare investment opportunity in a desirable location where such properties seldom become available. The property features three spacious double bedrooms and a modernized bathroom, alongside two generous reception areas that offer potential for further enhancement or extension (subject to the necessary planning permissions). Ample storage is available throughout the home, which is complemented by both front and rear gardens. Additionally, a dedicated home office structure enhances the property's functionality, coupled with a garden shed and cycle storage. With scenic countryside vistas and proximity to local schools, as well as convenient transport links to Gatwick Airport and major roadways like the M25 and A3, this house combines lifestyle benefits with significant renovation possibilities. Notably, it sits within close reach of outdoor recreational areas such as North Downs and Ranmore Common, making it a compelling choice for those looking to transform this house into their dream home.

Investment Analysis

(RH4 area)

Above Market Value

This property is priced +26.5% above area average per sq ft

+26.5%
This Property
£655/sq ft
Area Average
£517/sq ft
Avg Rent (weekly)
£323
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£478,078
10% above area average per sq ft
Potential ROI
-19.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (RH4)

Area prices are stable by -1.4% over the last 12 months
3 year growth: +3.7%
5 year growth: +0.7%
Investment Disclaimer: Analysis based on RH4 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

Ranmore Road, Dorking, Surrey
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,984
Based on a loan of £412,500 over 30 years at 4.06% 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.

Price History

-15.4% since listed
£550,000£20,000(-3.5%)
02/09/2025
Current price
£570,000£15,000(-2.6%)
10/12/2024
£585,000£15,000(-2.5%)
24/05/2024
£600,000£30,000(-4.8%)
28/03/2024
£630,000£20,000(-3.1%)
19/02/2024
£650,000Initial listing
23/12/2023

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