Worst House on the Street Logo
Drake Avenue, Mytchett, Camberley, Surrey, GU16 - Image 1
Drake Avenue, Mytchett, Camberley, Surrey, GU16 - Image 2
Drake Avenue, Mytchett, Camberley, Surrey, GU16 - Image 3
Drake Avenue, Mytchett, Camberley, Surrey, GU16 - Image 4
Drake Avenue, Mytchett, Camberley, Surrey, GU16 - Image 5
Drake Avenue, Mytchett, Camberley, Surrey, GU16 - Image 6
Drake Avenue, Mytchett, Camberley, Surrey, GU16 - Image 7
Drake Avenue, Mytchett, Camberley, Surrey, GU16 - Image 8
Drake Avenue, Mytchett, Camberley, Surrey, GU16 - Image 9
Drake Avenue, Mytchett, Camberley, Surrey, GU16 - Image 10
Drake Avenue, Mytchett, Camberley, Surrey, GU16 - Image 11

Drake Avenue, Mytchett, Camberley, Surrey, GU16

South East

£475,000
Listed on 08/03/2026

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1241 sqft

Description

This semi-detached family residence encompasses over 1,400 sq ft of living space and is located in the desirable village of Mytchett, a short stroll from Mytchett Lake. The home benefits from excellent transport links with easy access to the A331, M3, and both North Camp and Ash Vale train stations, facilitating convenient travel to Reading, Guildford, Gatwick Airport, Farnham, Aldershot, Woking, and London Waterloo. Positioned on a generous corner plot measuring 0.13 of an acre, this property presents a unique opportunity for enhancement. With existing planning permissions for extensions to the rear and above the garage, there is significant potential to add value through development. The ground floor features an entrance hallway with a cloakroom, a spacious dual-aspect living/dining room extending 25ft in length, and an expansive 21ft kitchen that connects directly to the integral garage. The kitchen and dining area provide access to the south-east facing garden, which is predominantly laid to lawn and extends around the side of the house. Driveway parking accommodates two vehicles at the front. On the first floor are three bedrooms — two generously sized doubles along with a single bedroom — as well as a three-piece family bathroom. An additional large double bedroom is found on the second floor thanks to a loft conversion, complemented by valuable eaves storage.

Investment Analysis

(GU16 area)

Below Market Value

This property is priced -13.5% below area average per sq ft

-13.5%
Potential saving
This Property
£383/sq ft
Area Average
£442/sq ft
Avg Rent (weekly)
£344
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£603,784
10% above area average per sq ft
Potential ROI
+15.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (GU16)

Area prices are rising by +3.3% over the last 12 months
3 year growth: -1.6%
5 year growth: +12.7%
Investment Disclaimer: Analysis based on GU16 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

Drake Avenue, Mytchett, Camberley, Surrey, GU16
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,713
Based on a loan of £356,250 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.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates