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Grasmere Road, Lightwater, Surrey, GU18 - Image 1
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Grasmere Road, Lightwater, Surrey, GU18

South East

£550,000
Listed on 31/03/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1354 sqft

Description

This three-bedroom period property offers a wealth of potential for those looking to invest in a renovation project. Located in a desirable area, the home is being sold chain-free and presents an excellent opportunity to infuse your personal style throughout. Character features such as high ceilings, bay windows, and original fireplaces enhance its charm. The spacious front reception room boasts a bay window, while a second reception room provides views of the expansive garden. The kitchen is conveniently positioned at the side, leading to a utility room and ground floor shower room. Upstairs, you'll find three generously sized bedrooms accompanied by a family bathroom. The approximately 100ft rear garden not only allows for outdoor enjoyment but also offers the possibility for extensions or modifications (pending planning permissions). Completing this property is a garage located at the bottom of the garden with parking available both in front and at the property’s entrance. Set on Grasmere Road, this home benefits from proximity to well-regarded schools, local amenities, and transport links in Lightwater Village.

Investment Analysis

(GU18 area)

Below Market Value

This property is priced -13.3% below area average per sq ft

-13.3%
Potential saving
This Property
£406/sq ft
Area Average
£468/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£697,709
10% above area average per sq ft
Potential ROI
+16.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
7
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (GU18)

Area prices are stable by +0.4% over the last 12 months
3 year growth: -2.5%
5 year growth: +9.5%
Investment Disclaimer: Analysis based on GU18 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

Grasmere Road, Lightwater, Surrey, GU18
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,948
Based on a loan of £412,500 over 30 years at 3.91% 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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