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Red House Lane, Elstead, Godalming, Surrey, GU8

South East

£750,000

Listed on 16/07/2026

Property details

Bedrooms
3
Type
Detached
Area
1292 sqft

Description

This detached period property is situated on a desirable road in Elstead, offering approximately 1,292 sq. ft of living space and a generous outdoor area of around 0.17 acres, featuring a south-west facing garden and a separate studio. The home boasts ample parking with its own driveway and is conveniently located near village amenities and picturesque countryside. Notably, approved planning permissions from December 2024 propose front, side, and rear extensions which can enhance the existing layout into a spacious four-bedroom family residence while maintaining its period characteristics. The current interior is welcoming; highlights include a sitting room with a bay window overlooking the garden, a dining area that opens onto the patio, and a kitchen equipped with painted units and wood worktops ideal for informal dining. Upstairs are three sizeable bedrooms including a principal suite with bay windows, complemented by a modern family bathroom. The outdoor space includes a primarily lawned garden space alongside an inviting paved terrace perfect for relaxation or entertaining.

Investment analysis

(GU8 area)

Above Market Value

This property is priced +9.8% above area average per sq ft

+9.8%
This Property
£580/sq ft
Area Average
£529/sq ft
Avg Rent (weekly)
£501
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£751,317
10% above area average per sq ft
Potential ROI
-10.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (GU8)

Area prices are falling by -5.2% over the last 12 months
3 year growth: -4.4%
5 year growth: +7.5%
Investment Disclaimer: Analysis based on GU8 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

Red House Lane, Elstead, Godalming, Surrey, GU8
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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
£2,833
Based on a loan of £562,500 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

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