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Waverley Drive, Chertsey, Surrey, KT16 - Image 1
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Waverley Drive, Chertsey, Surrey, KT16

London

£700,000
Listed on 24/10/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This detached bungalow, set on a quiet residential road in Chertsey, offers significant renovation and development potential. With two bedrooms and situated on an expansive plot of approximately 0.281 acres, the property provides a unique opportunity for those looking to create a personalized living space or pursue a larger redevelopment project, pending planning approval. The size of the lot allows for various possibilities, including extensions or modifications that could greatly enhance the living area and outdoor space. The current layout presents a solid foundation but invites creative updates to suit modern lifestyles. Chertsey boasts an appealing combination of tranquility and accessibility. Being just minutes from both the M25 and M3 motorways makes commuting straightforward, while nearby train services connect residents to central London. The town is steeped in history, with roots dating back to the days of Chertsey Abbey, which adds character to this community-oriented market town. Encompassed by historical sites, parks, and recreational amenities, Chertsey offers a vibrant lifestyle. From water sports along the Thames to family-friendly attractions such as Thorpe Park and local museums, there are plenty of activities available within close reach. The area also supports an array of local sports clubs catering to diverse interests. Educational facilities in Chertsey range from primary schools through to sixth form institutions, with many receiving positive ratings from Ofsted, making it suitable for families seeking quality education options. With its blend of heritage charm and modern conveniences, coupled with substantial renovation potential, this property offers an exciting prospect for investors or homeowners looking to customize their dream residence in a well-connected location.

Investment Analysis

(KT16 area)
Area Average
£487/sq ft
Avg Rent (weekly)
£383
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (KT16)

Area prices are rising by +8.6% over the last 12 months
3 year growth: -6.7%
5 year growth: 4.0%
Investment Disclaimer: Analysis based on KT16 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

Waverley Drive, Chertsey, Surrey, KT16
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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
£2,564
Based on a loan of £525,000 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.

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