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Queen Elizabeth Way, Woking

South East

£425,000
Listed on 17/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
507 sqft

Description

This three-bedroom terraced house, built in the 1950s, presents a unique opportunity for renovation and potential expansion, subject to planning permission. With approximately 90 square meters of living space, the property features a generously sized south-facing garden, ideal for outdoor activities and entertaining. Its location is highly desirable, situated within walking distance of well-regarded schools, local shops, and recreational facilities, as well as Woking town center and mainline station. Set back from the road, this home boasts a spacious front garden along with a convenient side passage that leads to the rear garden. Inside, the layout includes an entrance hall that opens into a substantial living room and a separate dining room with direct access to the garden—perfect for those looking to create an inviting indoor-outdoor flow. The kitchen completes the ground floor layout. Upstairs, a galleried landing provides access to three ample bedrooms along with a bathroom. The property benefits from double glazing and gas central heating. The surrounding area enhances this property's appeal, being within easy reach of educational institutions like St John the Baptist and Woking College. Local amenities are readily accessible in Old Woking/Kingfield, and nearby Woking Park offers green space that serves as a pleasant shortcut to the town center and train station. This property stands out not only for its current features but also for its considerable potential to be transformed into a modern family home in an attractive neighborhood.

Investment Analysis

(GU22 area)

Above Market Value

This property is priced +74.4% above area average per sq ft

+74.4%
This Property
£838/sq ft
Area Average
£481/sq ft
Avg Rent (weekly)
£376
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£268,114
10% above area average per sq ft
Potential ROI
-42.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (GU22)

Area prices are falling by +7.4% over the last 12 months
3 year growth: -5.6%
5 year growth: 1.3%
Investment Disclaimer: Analysis based on GU22 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

Queen Elizabeth Way, Woking
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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
£1,557
Based on a loan of £318,750 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