Egmont Road, Surbiton, KT6

This three-bedroom semi-detached home in Surbiton offers a solid foundation for those looking to renovate and create their ideal living space. While the asking price of £700,000 translates to £774/sqf, which is notably above the local average of £622/sqf, the property does present opportunities for improvement. The home features an average overall condition with dated aspects, particularly in the garden, which requires maintenance. However, the good location with excellent transport links and potential for extension and refurbishment could make this an attractive project for the right buyer.

With an all-in cost of approximately £775,000, including a renovation range of £50,000 to £100,000, the economics appear stretched compared to local benchmarks for similar properties. Buyers should be mindful that the current asking price and renovation costs push the total investment significantly above the implied local market value. Despite these concerns, the home’s good location and potential make it worth considering for those willing to undertake the necessary work and investment.