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College Road, Southwater

South East

£400,000
Listed on 21/02/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
1223 sqft

Description

This spacious three-bedroom terraced home, constructed in the 1950s, presents an excellent opportunity for renovation enthusiasts and investors. With two reception rooms and a well-defined utility and study area, this property offers considerable potential to create an open-plan living space, subject to obtaining the requisite planning permissions. The modern refitted kitchen/dining area is a strong starting point for further enhancements. A cloakroom adds practicality, while the three generously-sized bedrooms on the first floor offer plenty of room for personalization. Outdoor space is ample, featuring a sizeable garden that could be transformed into a family haven with a little imagination. An outbuilding provides additional storage or could be repurposed as a workshop or hobby space. There's even scope to optimize parking options by making use of the shared driveway and front lawn. Conveniently located near local shops, schools, and green spaces such as Southwater Country Park, you will benefit from easy access to major transport links. This property is offered with no onward chain, making it ideal for those looking to invest in a growing community known for its family-friendly atmosphere.

Investment Analysis

(RH13 area)

Below Market Value

This property is priced -26.3% below area average per sq ft

-26.3%
Potential saving
This Property
£327/sq ft
Area Average
£444/sq ft
Avg Rent (weekly)
£324
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£596,910
10% above area average per sq ft
Potential ROI
+35.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (RH13)

Area prices are falling by -3.5% over the last 12 months
3 year growth: -2.9%
5 year growth: +3.1%
Investment Disclaimer: Analysis based on RH13 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

College Road, Southwater
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,443
Based on a loan of £300,000 over 30 years at 4.06% 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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