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Milford

South East

£425,000
Listed on 13/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
549 sqft

Description

This charming two-bedroom Victorian cottage, built with distinctive Bargate Stone, presents a unique opportunity for those looking to invest in a property with significant renovation potential. The home is thoughtfully designed, featuring an entrance hall that flows into two spacious reception rooms, offering flexible living spaces for various uses. The kitchen is generously sized and can be enhanced further to suit modern lifestyle needs. The property also includes two well-proportioned bedrooms, along with a bathroom and an additional shower room, making it suitable for both homeowners and investors alike. A particularly appealing aspect is the large south-west facing garden, which not only provides outdoor space but also holds the promise of expansion opportunities subject to planning permission. Nestled in a quiet private road, this cottage is conveniently located within close proximity to the village center. Residents will benefit from easy access to a variety of shops and amenities, reputable schools, bus routes, and a mainline train station. This location enhances both the lifestyle appeal and long-term investment potential of the property. With some updating and modernization, this cottage could become a highly desirable home or rental investment in a sought-after area.

Investment Analysis

(GU8 area)

Above Market Value

This property is priced +44.8% above area average per sq ft

+44.8%
This Property
£774/sq ft
Area Average
£535/sq ft
Avg Rent (weekly)
£514
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£322,966
10% above area average per sq ft
Potential ROI
-30.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (GU8)

Area prices are falling by +6.9% over the last 12 months
3 year growth: -9.8%
5 year growth: 4.6%
Investment Disclaimer: Analysis based on GU8 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

Milford
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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