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Parsonage Lane

South East

£550,000
Listed on 26/03/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
867 sqft

Description

This distinctive semi-detached home, built in the 1930s, showcases a wealth of character and potential for modernization. Nestled in a spacious plot in Westcott, the property features two double bedrooms and offers opportunities for expansion to both the side and rear (subject to planning permission). Upon entering, you are greeted by a welcoming hallway leading to an inviting living room that boasts original stripped wooden flooring and a charming log-burning stove. Large windows and French doors provide ample natural light while seamlessly connecting the space to a greenhouse. The kitchen/dining area benefits from an efficient layout with freestanding units, solid work surfaces, and traditional tiled flooring. This area also includes valuable storage options such as a walk-in larder and utility cupboard. Upstairs, both bedrooms are well-sized; the main bedroom opens up to lovely views of the rear garden, while the second bedroom can easily serve as an office space. Outside, the extensive driveway accommodates several vehicles and leads to a detached garage. The south-west facing garden is substantial, offering diverse spaces for relaxation or entertainment surrounded by mature plants including fruit trees. Recent underpinning has been completed with transferable guarantees available upon request, adding peace of mind for prospective buyers looking to invest in future enhancements. Westcott itself is a charming village with strong community ties and good local amenities adding further appeal to this property’s investment potential.

Investment Analysis

(RH4 area)

Above Market Value

This property is priced +22.6% above area average per sq ft

+22.6%
This Property
£634/sq ft
Area Average
£517/sq ft
Avg Rent (weekly)
£323
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£493,444
10% above area average per sq ft
Potential ROI
-16.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (RH4)

Area prices are stable by -1.4% over the last 12 months
3 year growth: +3.7%
5 year growth: +0.7%
Investment Disclaimer: Analysis based on RH4 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

Parsonage Lane
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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
£1,984
Based on a loan of £412,500 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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