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Chobham Road, Chertsey KT16

London

£550,000
Listed on 19/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
838 sqft

Description

Nestled along the desirable Chobham Road in Ottershaw, Lilac Cottage presents a unique opportunity for transformation and investment. This detached bungalow currently boasts three well-proportioned double bedrooms, ideal for families or as a downsizing option. While it has benefitted from significant renovations, including a modern kitchen featuring integrated appliances and updated bathrooms, there remains ample potential for further enhancement. The property features a large garage that could be repurposed into additional living space such as a home office or gym (subject to planning permissions), making it an excellent prospect for future development. The generous rear garden offers an inviting outdoor area, perfect for entertaining or relaxing during warmer months. Given its proximity to local amenities, schools, and transport links like the M25 and A3, this property not only meets immediate needs but also positions itself for future value growth. This home is ready to be enjoyed now while offering scope for further refinement down the line.

Investment Analysis

(KT16 area)

Above Market Value

This property is priced +34.1% above area average per sq ft

+34.1%
This Property
£656/sq ft
Area Average
£490/sq ft
Avg Rent (weekly)
£373
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£451,267
10% above area average per sq ft
Potential ROI
-24.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (KT16)

Area prices are rising by +13.1% over the last 12 months
3 year growth: -3.2%
5 year growth: +6.6%
Investment Disclaimer: Analysis based on KT16 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

Chobham Road, Chertsey KT16
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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
£1,984
Based on a loan of £412,500 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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