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Penwith Drive, Haslemere, Surrey GU27 - Image 1
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Penwith Drive, Haslemere, Surrey GU27 - Image 3

Penwith Drive, Haslemere, Surrey GU27

South East

£835,000
Listed on 16/03/2026

Property Details

Bedrooms
3
Type
Detached
Area
1644 sqft

Description

Penwith Cottage presents a compelling opportunity for those looking to invest in a property that requires substantial refurbishment or potential redevelopment (subject to planning approval). Located on the outskirts of Haslemere, this family home is enveloped by picturesque countryside, offering both privacy and stunning views from its generous grounds. The property is currently in need of significant upgrades, providing a blank canvas for renovation enthusiasts. The existing layout features an inviting porch leading into a grand entrance hall with a striking full-height sash window. Notably, the main living area is situated on the first floor, maximizing exposure to the breathtaking surroundings. A central sitting room boasts picture windows and a charming stone fireplace, seamlessly connecting to a dual-aspect family room equipped with sliding doors that open onto the garden. While the kitchen is not functional at present and requires complete overhaul, it includes convenient access to outdoor spaces via an adjoining dining area complete with a serving hatch. The ground floor accommodates three bedrooms, currently arranged as a principal suite with dressing room, additional bedrooms, and a family bathroom alongside a storage area. Encompassing approximately one acre of land, the property features extensive lawn areas dotted with mature trees and foliage, creating an idyllic outdoor setting. Additional benefits include a gravelled driveway that leads to a detached garage and outbuilding/workshop, along with a paved terrace perfect for outdoor entertaining. Situated just under 1.5 miles from Haslemere Station with direct links to London Waterloo in under 50 minutes and surrounded by top-tier educational institutions such as Amesbury and Charterhouse, this location combines rural tranquility with accessibility—a rare find in today’s market.

Investment Analysis

(GU27 area)

Below Market Value

This property is priced -0.8% below area average per sq ft

-0.8%
Potential saving
This Property
£508/sq ft
Area Average
£512/sq ft
Avg Rent (weekly)
£469
Avg Yield
3.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£925,720
10% above area average per sq ft
Potential ROI
-3.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (GU27)

Area prices are falling by -5.3% over the last 12 months
3 year growth: -11.1%
5 year growth: +6.0%
Investment Disclaimer: Analysis based on GU27 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

Penwith Drive, Haslemere, Surrey GU27
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£3,012
Based on a loan of £626,250 over 30 years at 4.06% 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.

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