Westpark Villa The Old Dairy and West Park Farm Buildings, New Chapel, Surrey RH7 6HT

This detached farmhouse and bungalow on a generous plot of approximately 3.277 acres presents a unique opportunity for those looking to create a substantial project. With the asking price of £900,000 at £421/sqf being notably below the local average of £453/sqf, there is a clear chance to acquire this property at a competitive rate. The potential for development is evident, especially considering the extensive grounds and various agricultural buildings that could contribute to future enhancements.

However, the economics of this investment are less favorable. The total all-in cost, which includes the renovation range of £150,000 to £300,000, positions this project as stretched against local benchmarks for similar properties. Visible signs of neglect and disrepair across the living spaces, bedrooms, and garden indicate that significant work is needed, making this a full-gut project rather than a simple refresh. The presence of potential subsidence issues further complicates the investment, emphasizing the need for careful consideration of the renovation budget and timeline.