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South Terrace, DORKING

South East

£120,000Guide Price

Listed on 01/07/2026

Property details

Bedrooms
1
Type
Ground Flat

Description

This ground floor flat offers a unique opportunity for investors and renovators, being sold with full vacant possession. The property, which is long leasehold, presents itself as a blank canvas requiring modernization to unlock its full potential. With a practical layout comprising one bedroom, a reception room, kitchen, and a wet room/WC, the flat allows for various refurbishment possibilities. The communal gardens add an appealing outdoor aspect to the property. Located in close proximity to Dorking's transport links and local amenities, this property presents not just a home but also a viable investment for future value appreciation once renovations are completed. Offered at auction, this is an ideal project for those looking to make their mark in a desirable area.

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Investment analysis

(RH4 area)
Area Average
£521/sq ft
Avg Rent (weekly)
£349
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (RH4)

Area prices are rising by +2.7% over the last 12 months
3 year growth: +3.8%
5 year growth: -1.2%
Investment Disclaimer: Analysis based on RH4 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

South Terrace, DORKING
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Mortgage calculator

£
£
£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£453
Based on a loan of £90,000 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

Next Steps

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