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Cannon Way, West Molesey, KT8

London

£575,000
Listed on 02/11/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1034 sqft

Description

This property features a generous dual-aspect sitting and dining room that is bathed in natural light, providing an inviting space for both relaxation and gatherings. Double doors open directly to a covered deck and the garden, creating a seamless indoor-outdoor flow. The kitchen is well-sized, offering ample workspace and fitted cabinetry, along with direct access to the garden and useful outbuildings. The home includes two well-proportioned bedrooms, each equipped with built-in wardrobes, and they share a practical family shower room. Additionally, there is a garage and multiple outbuildings on the property, presenting significant potential for renovation or expansion (subject to planning permission). Outside, the private rear garden provides a substantial outdoor area featuring both lawn and patio spaces. An established greenhouse and raised beds make it an ideal spot for gardening enthusiasts looking to cultivate their own vegetables. The front of the property boasts a charming garden primarily laid to lawn, complemented by herbaceous borders and convenient parking leading to the garage. Situated on Cannon Way, this property is conveniently located within easy reach of local shops, cafes, and various amenities in both East and West Molesey. The popular Bridge Road area is just over a mile away, providing access to Hampton Court station for regular services into London Waterloo. Nearby riverside walks add to the area's appeal, along with bus links to Kingston and Walton-on-Thames. This combination of location benefits and potential for enhancement makes this property an attractive investment opportunity.

Investment Analysis

(KT8 area)

Below Market Value

This property is priced -5.8% below area average per sq ft

-5.8%
Potential saving
This Property
£556/sq ft
Area Average
£590/sq ft
Avg Rent (weekly)
£374
Avg Yield
3.2%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£671,350
10% above area average per sq ft
Potential ROI
+11.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (KT8)

Area prices are stable by +1.6% over the last 12 months
3 year growth: -6.5%
5 year growth: 11.7%
Investment Disclaimer: Analysis based on KT8 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

Cannon Way, West Molesey, KT8
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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
£2,106
Based on a loan of £431,250 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