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Milford Road, Elstead, Godalming, Surrey, GU8

South East

£725,000
Listed on 01/05/2026

Property Details

Bedrooms
3
Type
Bungalow
Area
1697 sqft

Description

Nestled behind a spacious block-paved driveway, this charming chalet-style residence presents a well-distributed layout across two levels, offering notable opportunities for modernization and potential expansion, pending the necessary permissions. The entrance hall serves as a central hub, leading to all key living areas. At the back, the expansive sitting room boasts generous dimensions and is highlighted by a feature fireplace. Sliding doors seamlessly connect this space with the terrace and garden, enhancing indoor-outdoor living. Adjacent to it, the kitchen is fitted with basic units and work surfaces, featuring an efficient layout with direct external access. An archway leads to a centrally located dining room that is versatile enough to accommodate family meals or entertaining guests. To the front of the home are two sizable rooms with bay windows; the principal bedroom has built-in storage and convenient bathroom access. The second room offers flexibility for use as an extra bedroom or study according to your needs. A spacious ground floor bathroom enhances practicality for those preferring single-level living. Upstairs, you will find another generously sized double bedroom equipped with eaves storage and pleasant views. This level also benefits from an additional bathroom featuring both bath and shower facilities. The outdoor space is a major highlight, predominantly laid to lawn and surrounded by mature hedges and established plants that ensure privacy while providing a serene environment. A paved terrace complements this area perfect for alfresco dining or relaxing in the sun, along with well-maintained borders and seating spaces. Additionally, there is a detached garage accessible via the driveway, which allows for substantial off-street parking at the front of the property. Situated on Milford Road at the edge of Elstead—a desirable Surrey village enveloped by stunning countryside—the location offers local amenities including shops, pubs, and reputable schools. More extensive facilities are available in nearby Godalming and Haslemere. For commuters, mainline railway stations at Milford and Witley provide direct links to London Waterloo, while road access via the A3 makes journeys to Guildford, London, and the south coast convenient.

Investment Analysis

(GU8 area)

Below Market Value

This property is priced -20.0% below area average per sq ft

-20.0%
Potential saving
This Property
£427/sq ft
Area Average
£534/sq ft
Avg Rent (weekly)
£443
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£996,724
10% above area average per sq ft
Potential ROI
+23.8%
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
8%
Properties sold annually

Local Market Trend (GU8)

Area prices are falling by -4.1% over the last 12 months
3 year growth: -5.0%
5 year growth: +7.1%
Investment Disclaimer: Analysis based on GU8 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

Milford Road, Elstead, Godalming, Surrey, GU8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£2,587
Based on a loan of £543,750 over 30 years at 3.97% 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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