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Simplemarsh Road, Addlestone

London

£135,000
Listed on 14/05/2026

Property Details

Bedrooms
2
Type
Duplex
Area
729 sqft

Description

This two-bedroom split-level flat, set across the first and second floors, presents a noteworthy opportunity for investors or buyers looking to make their mark. With its own private entrance and generous-sized rooms filled with natural light from large windows, the property is situated in a peaceful residential area close to Addlestone town centre. However, it requires comprehensive refurbishment throughout, especially considering its current unmortgageable status due to a short lease term of just 34 years. Although the private garden space is currently in disrepair, it has the potential to be transformed into a valuable outdoor area. The inclusion of a parking space adds further appeal. This property offers potential for significant value increase through renovation and could be ideal for cash buyers or those willing to extend the lease while undertaking refurbishments. Close by, residents can enjoy convenient access to local amenities including supermarkets, shops, restaurants, and transport links—making it an attractive investment option.

Investment Analysis

(KT15 area)

Below Market Value

This property is priced -61.1% below area average per sq ft

-61.1%
Potential saving
This Property
£185/sq ft
Area Average
£476/sq ft
Avg Rent (weekly)
£336
Avg Yield
3.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£381,825
10% above area average per sq ft
Potential ROI
+106.4%
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

Simplemarsh Road, Addlestone
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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
£482
Based on a loan of £101,250 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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