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Ongar Close, Addlestone, Surrey, KT15

London

£650,000
Listed on 11/03/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1230 sqft

Description

Nestled on a quiet private road in Row Town, this three-bedroom detached bungalow offers a unique opportunity for renovation and investment. While the home is already well-presented, it retains considerable potential for enhancement, particularly with its generous layout and character features. The property boasts an ample driveway suitable for multiple vehicles alongside a versatile garage/workshop equipped with power and lighting. A level pathway provides access to a sizable rear garden, which is predominantly laid to lawn and includes a patio area, shed, and side gate entry. Inside, the high ceilings and original oak herringbone flooring contribute to a charming ambiance, complemented by pine internal doors that echo the property’s character. The front reception room is filled with natural light thanks to its bay window while the spacious kitchen/diner with shaker-style cabinetry opens directly onto the garden, creating opportunities for future extensions or open-plan renovations. There are three well-sized bedrooms serviced by a modern shower room featuring stylish fixtures including a large walk-in shower and dual sinks with integrated storage. A hobby/utility room adds functional versatility, ideal as an office or utility space. Additional benefits include double glazing throughout, an updated gas boiler, enhanced loft insulation, a current EICR certificate, and a partly boarded loft with pull-down ladder providing exceptional storage options or potential for conversion (subject to planning permissions). With an Energy Rating of C and Freehold status, this property presents an exciting canvas for those looking to put their personal touch on it.

Investment Analysis

(KT15 area)

Above Market Value

This property is priced +11.3% above area average per sq ft

+11.3%
This Property
£528/sq ft
Area Average
£475/sq ft
Avg Rent (weekly)
£366
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£642,540
10% above area average per sq ft
Potential ROI
-8.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (KT15)

Area prices are rising by +3.7% over the last 12 months
3 year growth: +2.1%
5 year growth: +3.6%
Investment Disclaimer: Analysis based on KT15 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

Ongar Close, Addlestone, Surrey, KT15
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,344
Based on a loan of £487,500 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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