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Ashtead

London

£600,000
Listed on 24/07/2025

Property Details

Bedrooms
2
Type
Detached house
Area
991 sqft

Description

Situated in a peaceful cul-de-sac, this two-bedroom detached bungalow presents an excellent opportunity for renovation and investment. The property is currently in need of modernization throughout, making it an ideal candidate for those looking to add personal touches or enhance its value. With three reception rooms, a kitchen, and a bathroom, the layout offers versatility and the potential for expansion, subject to the usual planning permissions. The exterior features a sizable wrap-around garden that includes established lawn areas, a greenhouse, pond, and shed—perfect for cultivating your own green space or creating an outdoor retreat. Given its generous plot size, there is also ample scope to extend the living space if desired. Located conveniently near both Barnett Wood Lane and Craddocks Parade, residents will enjoy easy access to local shops and amenities. Additionally, the nearby train station provides direct services to Waterloo, Victoria, and London Bridge, enhancing commuting options. Nature enthusiasts will appreciate the proximity to Ashtead Common, offering expansive green spaces and scenic walks. This property is being sold on behalf of a corporate client; as part of a deceased estate, it may not be possible to answer all standard property questionnaire inquiries prior to viewing. Therefore, potential buyers are encouraged to consult with the agent regarding any concerns about this process. Please note that no warranties have been made regarding the working order of any services or appliances within the property.

Investment Analysis

(KT21 area)

Above Market Value

This property is priced +9.7% above area average per sq ft

+9.7%
This Property
£605/sq ft
Area Average
£552/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£601,844
10% above area average per sq ft
Potential ROI
-8.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (KT21)

Area prices are stable by +1.6% over the last 12 months
3 year growth: 5.2%
5 year growth: 12.1%
Investment Disclaimer: Analysis based on KT21 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

Ashtead
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,198
Based on a loan of £450,000 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE