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Lingfield, Surrey

South East

£600,000
Listed on 12/05/2026

Property Details

Bedrooms
3
Type
Bungalow
Area
1149 sqft

Description

This detached bungalow presents a significant opportunity for those looking to invest in a renovation project or potentially a complete rebuild, contingent upon acquiring the necessary approvals. Nestled on approximately 0.74 acres (0.29 hectares), the property is set back from Bowerland Lane, adjacent to a railway bridge and just 1½ miles north of the bustling village of Lingfield, renowned for its racecourse and assortment of local amenities including shops and pubs. With convenient access to the A22, connectivity to the M25, Gatwick Airport, and the South Coast is readily available.

The bungalow itself requires extensive refurbishment due to its current dilapidated state. Accompanying this property are several outbuildings, also in need of attention, which might be repurposed or replaced depending on planning permissions. The site benefits from gated access and a generous garden area that enhances its appeal for prospective buyers seeking room for development.

This offering is available with no onward chain, making it an attractive prospect for cash buyers or those with specialized financing arrangements. Please note that while the property has mains electricity, water services, and shared drainage in place, all utilities should be verified by interested parties prior to commitment.

Investment Analysis

(RH7 area)

Above Market Value

This property is priced +15.6% above area average per sq ft

+15.6%
This Property
£522/sq ft
Area Average
£452/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£571,030
10% above area average per sq ft
Potential ROI
-20.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (RH7)

Area prices are rising by +8.6% over the last 12 months
3 year growth: +1.9%
5 year growth: +14.0%
Investment Disclaimer: Analysis based on RH7 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

Lingfield, Surrey
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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
£2,141
Based on a loan of £450,000 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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