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Penwith Drive, Haslemere, Surrey

South East

£835,000
Listed on 12/01/2026

Property Details

Bedrooms
3
Type
Detached
Area
1644 sqft

Description

Penwith Cottage presents a unique opportunity for an investor or homebuyer looking to undertake a substantial renovation or potential redevelopment, subject to planning consent. Situated in the picturesque countryside on the outskirts of Haslemere, this family residence requires significant upgrades and repairs. The property is set on a spacious plot of roughly one acre, providing serene surroundings complemented by extensive gardens and beautiful elevated views. The layout currently features a welcoming porch that leads into a grand double-height entrance hall with a prominent sash window and staircase. The primary living space is positioned on the first floor, optimizing the surrounding scenery through its large picture windows and an inviting stone fireplace in the main sitting room. Adjacent, a dual-aspect family room with sliding doors seamlessly connects to the garden. A dining area linked to a kitchen—currently out of order—adds potential for modernizing the culinary space. Additionally, there’s a versatile study opening onto the garden area. On the ground floor, three bedrooms are configured along with a family bathroom and storage room. The outdoor space includes well-maintained lawns, mature trees, and various shrubs, culminating in an expansive gravel driveway leading to a detached garage and outbuilding/workshop. Located conveniently close to Haslemere's vibrant amenities and recreational offerings such as walking trails at Blackdown and Woolbeding Common, this property combines tranquility with access to necessary facilities. Nearby reputable educational institutions enhance its appeal for families. With Haslemere Station merely 1.5 miles away offering services to London Waterloo in under an hour, this cottage embodies significant renovation potential in a desirable location.

Investment Analysis

(GU27 area)

Below Market Value

This property is priced -1.3% below area average per sq ft

-1.3%
Potential saving
This Property
£508/sq ft
Area Average
£515/sq ft
Avg Rent (weekly)
£394
Avg Yield
3.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£930,874
10% above area average per sq ft
Potential ROI
-2.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (GU27)

Area prices are falling by -2.5% over the last 12 months
3 year growth: -8.3%
5 year growth: +3.8%
Investment Disclaimer: Analysis based on GU27 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

Penwith Drive, Haslemere, Surrey
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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
£2,957
Based on a loan of £626,250 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.

Stamp Duty Calculator

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