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Plough Lane, Teddington, TW11 - Image 1
Plough Lane, Teddington, TW11 - Image 2
Plough Lane, Teddington, TW11 - Image 3
Plough Lane, Teddington, TW11 - Image 4

Plough Lane, Teddington, TW11

London

£695,000
Listed on 14/01/2025

Property Details

Bedrooms
N/A
Type
Plot

Description

This property presents an exciting investment potential with a portfolio of five self-contained units situated in Teddington. The site offers diverse options for redevelopment, encompassing both commercial and residential uses, given its substantial total area of 3,473 sq ft. Unit 1 is a single-storey structure that requires comprehensive refurbishment or potential demolition and rebuild. Unit 2, which spans two storeys, also necessitates full renovation, while Units 3-5 have been stripped back to shell condition, showing the framework necessary for further development into Class E(g) light industrial spaces. Located near Teddington's vibrant high street, this site benefits from high demand for quality housing due to its affluent suburb status and proximity to transport links. Importantly, the absence of Article 4 restrictions allows flexibility in converting these units to residential use under permitted development rights. This opportunity is perfect for investors looking to capitalize on the growing market in this sought-after area.

Investment Analysis

(TW11 area)
Area Average
£764/sq ft
Avg Rent (weekly)
£497
Avg Yield
3.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£250,000 - £450,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (TW11)

Area prices are falling by -8.6% over the last 12 months
3 year growth: -8.7%
5 year growth: -4.0%
Investment Disclaimer: Analysis based on TW11 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

Plough Lane, Teddington, TW11
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,462
Based on a loan of £521,250 over 30 years at 3.91% 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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