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Rye Grove, Cranleigh, GU6

South East

£450,000
Listed on 19/03/2026

Property Details

Bedrooms
4
Type
Terraced
Area
1253 sqft

Description

This spacious four-bedroom terraced property, situated in a desirable area of Cranleigh, presents an exceptional opportunity for those looking to invest in a home with significant potential for renovation. Now vacant and available without any onward chain, this residence boasts ample living space spread across three floors, making it ideal for families, first-time buyers, or investors seeking to modernize and increase its value. On the ground floor, the entrance hall leads into a generously sized kitchen/diner that could benefit from reconfiguration and modernization to align with contemporary preferences. The rear of the house features a large living room that transitions seamlessly into a conservatory, providing additional space perfect for dining or as a home office while enhancing natural light throughout. The first floor hosts three well-proportioned bedrooms suitable for diverse living arrangements—whether accommodating family members or guests—and includes a family bathroom that may require updating. The second floor serves as a private sanctuary with a sizable principal bedroom complete with an en suite shower room, offering potential to create a luxurious main suite or guest accommodation. With around 1,253 sq. ft. of accommodation, this property offers more space than many of its counterparts in the region and is perfectly positioned for quick renovations due to its vacant status. Outside, there’s also a decent-sized rear garden accessible via personnel access to the service road and parking area. Cranleigh provides an appealing blend of village charm with convenient access to open countryside along with excellent local amenities such as shops and schools—further enhancing the attractiveness of this property as an investment opportunity.

Investment Analysis

(GU6 area)

Below Market Value

This property is priced -26.8% below area average per sq ft

-26.8%
Potential saving
This Property
£359/sq ft
Area Average
£491/sq ft
Avg Rent (weekly)
£417
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£676,539
10% above area average per sq ft
Potential ROI
+39.5%
After renovation
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
20%
Properties sold annually

Local Market Trend (GU6)

Area prices are stable by -1.2% over the last 12 months
3 year growth: -1.5%
5 year growth: +7.9%
Investment Disclaimer: Analysis based on GU6 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

Rye Grove, Cranleigh, GU6
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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
£1,623
Based on a loan of £337,500 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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