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School Lane, Addlestone, Surrey, KT15

London

£565,000

Listed on 18/09/2026

The listing

Property details

Bedrooms
3
Type
Detached
Area
937 sqft

Description

This charming three-bedroom detached house is offered to the market with no onward chain, presenting a fantastic opportunity for those looking to invest in a property with great potential for improvement and extension, subject to planning permission. The home features a generous garden of approximately 100 feet and a 30-foot frontage, providing ample outdoor space. Inside, the well-proportioned accommodation includes connecting living and dining rooms, two spacious double bedrooms, both adorned with feature fireplaces, and a single bedroom upstairs. The living room and kitchen open out to the garden, enhancing the indoor-outdoor flow. A modern shower room completes the upstairs layout. Outside, the secluded lawned garden is bordered by mature shrubs, and there is gated side access leading to a detached garage. The property also benefits from parking at the front and is situated in a desirable location just moments from St Paul's Primary School and Jubilee High School, making it particularly appealing for families. Additionally, it is only a short walk to Addlestone high street and train station, adding to its convenience.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

32out of 100
Grade ELow opportunity

Confidence: MEDIUM

This three-bedroom detached house on School Lane offers a great canvas for renovation enthusiasts, with a generous garden and a desirable location near local schools and amenities. While the asking price of £565,000 may seem high at £603/sqf compared to the local average of £471/sqf, the property boasts notable features like spacious living areas and a modern shower room. The interior, however, shows signs of wear and requires updates throughout, including the dated kitchen and overgrown garden, which present opportunities for improvement.

The overall economics are a concern, as the all-in cost, combining the purchase price and estimated renovation budget, stretches beyond local benchmarks for this area. This could limit potential returns on investment, especially considering the current market value of similar properties. Despite these challenges, the house's solid fundamentals and attractive location make it an interesting project for those willing to invest in its transformation.

Key opportunities

  • Spacious garden with potential for landscaping and improvement.
  • Opportunity to modernize the dated interior and kitchen.
  • No onward chain provides flexibility for buyers.

Key risks

  • The asking price plus renovation costs leaves total expenses stretched compared to local market values.
  • Factor in roughly £625,000 including the asking price and quoted works of about £60,000, leaving a gap of around 29% versus area norms for this sqft, so margin after refurbishment is unproven.

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Map

Location

School Lane, Addlestone, Surrey, KT15
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,135
Based on a loan of £423,750 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.

Tax

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Indicative tax based on the asking price and the options you select.

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