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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 significant opportunity for those looking to invest or renovate, with existing planning permissions already in place. The local council has approved plans for a considerable first-floor extension, which would enhance the living space by adding extra bedrooms and increasing the overall accommodation footprint. In addition, there is full consent for constructing a new two-bedroom semi-detached home alongside the existing building, providing excellent potential for investors or families needing multi-generational living arrangements. There remains further scope to explore alternative side extensions should a different configuration be desired. The current three-bedroom semi-detached house boasts approximately 1,100 sq ft of well-maintained space. It features a bright and contemporary interior with an open-plan living room and kitchen, perfect for modern family life or entertaining guests. The upper level consists of three spacious bedrooms serviced by a stylish bathroom, while the ground floor benefits from an entrance hallway that could serve as a home office along with a practical downstairs shower room and utility area. Outside, the rear garden is notably versatile with its combination of astro-turf, lawn, and decking areas. Additionally, there is a large outbuilding that can serve various purposes such as storage or workshop space. The property is set in a peaceful cul-de-sac and backed by the scenic Wey Navigation Canal, positioned conveniently near Byfleet & New Haw train station with easy access to London Waterloo. With off-street parking available for multiple vehicles and located within a desirable school catchment area, this unique offering marries immediate comfort with substantial future development potential.

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
£45,000 - £70,000
Target Value
£755,269
10% above area average per sq ft
Potential ROI
+4.9%
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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