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Pear Tree Road, Ashford TW15

London

£600,000
Listed on 12/12/2025

Property Details

Bedrooms
5
Type
Detached house
Area
1345 sqft

Description

This property presents a unique investment opportunity for renovators and developers alike. Situated on a spacious plot, the existing 5-bedroom bungalow offers various options: it can be refurbished to meet modern standards, or the structure may be demolished to create space for a new 3-4 bedroom detached bungalow. The substantial rear garden also opens the door to further development potential, allowing for the construction of 2-3 detached or semi-detached homes, or up to 4 maisonettes, all subject to local planning approvals from Runnymede Borough Council. Interested parties are encouraged to conduct their own due diligence and site visits are available by appointment only.

Investment Analysis

(TW15 area)

Below Market Value

This property is priced -6.6% below area average per sq ft

-6.6%
Potential saving
This Property
£446/sq ft
Area Average
£478/sq ft
Avg Rent (weekly)
£383
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£706,905
10% above area average per sq ft
Potential ROI
+1.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (TW15)

Area prices are rising by +6.0% over the last 12 months
3 year growth: 14.6%
5 year growth: 16.1%
Investment Disclaimer: Analysis based on TW15 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

Pear Tree Road, Ashford TW15
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,198
Based on a loan of £450,000 over 30 years at 4.19% 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE