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4-6 New Road, Ditton

South East

£350,000

Listed on 09/06/2026

Property Details

Bedrooms
2
Type
Commercial Property
Area
1609 sqft

Description

This freehold property represents a unique mixed-use investment opportunity featuring a ground floor office space alongside two self-contained one-bedroom flats on the first floor. The available planning permission allows for the conversion of the office area into two additional one-bedroom flats, creating substantial potential to boost rental yields and enhance the capital value of the asset. Currently, the first-floor flats are generating a rental income of £750 per month each, providing an immediate revenue stream. The ground floor office space has an estimated rental value of around £12,000 per annum, with projected figures suggesting that completion of the approved conversion could elevate this to approximately £21,600 annually (£900 per month). Additional assets include a detached garage and four off-road parking spaces situated at the rear, further adding to the property's appeal. This investment can be acquired in its entirety or in parts, catering to various potential buyer requirements.

Investment Analysis

(ME20 area)

Below Market Value

This property is priced -43.3% below area average per sq ft

-43.3%
Potential saving
This Property
£218/sq ft
Area Average
£384/sq ft
Avg Rent (weekly)
£396
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£679,465
10% above area average per sq ft
Potential ROI
+58.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (ME20)

Area prices are stable by +0.4% over the last 12 months
3 year growth: +1.3%
5 year growth: +15.6%
Investment Disclaimer: Analysis based on ME20 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

4-6 New Road, Ditton
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,322
Based on a loan of £262,500 over 30 years at 4.45% 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

This calculation uses non-residential (land/commercial) tax rates.

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