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Common Lane, New Haw

London

£650,000
Listed on 05/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1442 sqft

Description

This property presents a distinctive opportunity for those looking to invest in real estate with significant development potential. Planning permissions are already in place from Runnymede Borough Council, including the allowance for a considerable first-floor extension to enhance the existing three-bedroom semi-detached home. This extension aims to increase living space and add value, catering to families seeking more room. Additionally, consent has been granted for the construction of a new two-bedroom semi-detached dwelling adjacent to the main house, making it an enticing prospect for investors or buyers considering multi-generational living arrangements. Currently, the existing home is approximately 1,100 sq ft with an efficient layout featuring modern finishes throughout. It boasts three well-proportioned bedrooms and a stylish bathroom on the upper floor. The ground floor's layout has been improved with an open-plan concept that seamlessly connects the living room and kitchen while also offering flexibility with a spacious entrance hallway that could serve as a study area. Practical amenities include a downstairs shower room and utility space. The exterior complements the interior's appeal with a varied rear garden design incorporating astro-turf, lawn areas, and decking alongside a substantial outbuilding suitable for storage or workspace. Off-street parking is available for several vehicles at the front. Situated within a serene cul-de-sac bordering the Wey Navigation Canal, this property also benefits from convenient access to Byfleet & New Haw train station with direct routes to London Waterloo, as well as nearby road links enhancing commuter accessibility. Positioned within a respected school catchment area further enriches its attractiveness as both a residence and investment opportunity.

Investment Analysis

(KT15 area)

Below Market Value

This property is priced -5.3% below area average per sq ft

-5.3%
Potential saving
This Property
£451/sq ft
Area Average
£476/sq ft
Avg Rent (weekly)
£336
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£755,269
10% above area average per sq ft
Potential ROI
+3.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (KT15)

Area prices are stable by +1.2% over the last 12 months
3 year growth: +1.6%
5 year growth: -0.4%
Investment Disclaimer: Analysis based on KT15 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

Common Lane, New Haw
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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
£2,319
Based on a loan of £487,500 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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