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Ridgeway Close, Lightwater

South East

£675,000

Listed on 02/07/2026

Property details

Bedrooms
2
Type
Bungalow
Area
1024 sqft

Description

Nestled in a tranquil and highly desirable area near Lightwater Village, this two/three-bedroom detached bungalow presents an excellent opportunity for renovation and investment. The property features a spacious layout, with a bright living room, a separate dining room that offers the flexibility to be transformed into a third bedroom if desired, along with two generously sized bedrooms. A shower room, separate cloakroom, and a kitchen with direct access to the secluded rear garden complete the interior. The garden itself is an attractive haven for privacy, featuring a patio and well-kept lawn surrounded by mature trees and shrubs—ideal for outdoor relaxation or social gatherings. Additional highlights include a generous driveway leading to a double-length garage and potential for enhancements or extensions (subject to planning permission), making this property ripe for refurbishment.

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Investment analysis

(GU18 area)

Above Market Value

This property is priced +42.7% above area average per sq ft

+42.7%
This Property
£659/sq ft
Area Average
£462/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£520,228
10% above area average per sq ft
Potential ROI
-27.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
5
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (GU18)

Area prices are rising by +9.4% over the last 12 months
3 year growth: +3.8%
5 year growth: +18.7%
Investment Disclaimer: Analysis based on GU18 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

Ridgeway Close, Lightwater
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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
£2,550
Based on a loan of £506,250 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

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