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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, occupying the first and second floors, presents a promising opportunity for refurbishment. With its own private entrance and a spacious layout enhanced by large windows allowing for ample natural light, the property is currently in need of extensive renovation throughout. As it stands, the flat has a short lease of just 34 years, rendering it unmortgageable, which may appeal predominantly to cash buyers or those looking to extend the lease before proceeding with updates. Key features include a designated parking space and an unbounded private garden that requires considerable attention. Situated in a tranquil residential area near Addlestone town centre, the location provides convenient access to local schools and transport links, as well as numerous amenities like Tesco and various dining options. This property offers significant potential for value enhancement with the right investment.

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.

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