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Fordwater Road, Chertsey, Surrey KT16 - Image 1
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Fordwater Road, Chertsey, Surrey KT16

London

£365,000
Listed on 10/10/2025

Property Details

Bedrooms
2
Type
Detached house

Description

Nestled between the picturesque River Thames and the historic center of Chertsey, this charming semi-detached bungalow from the 1930s presents a unique opportunity for renovation and investment. Located on the desirable Fordwater Road, this property boasts a generous plot that offers significant potential for development, subject to planning permission. Entering through a bright double-glazed porch, you are welcomed into a spacious living room characterized by its natural light, courtesy of an attractive bay window. The kitchen features a practical layout with an array of eye and base units, providing ample counter space for those who enjoy cooking. A three-piece bathroom is conveniently located within the home, complete with a fitted bath. The central hallway leads to two bedrooms situated at the rear of the property. The larger double bedroom also benefits from a bay window that overlooks the south-west facing garden—a true highlight that provides an inviting outdoor space perfect for relaxation or entertaining. The second bedroom is a sizable single room, offering lovely views of the garden and easy access via both the kitchen and side passage. Outside, off-street parking is available at the rear via a private lane, with additional free street parking options nearby. For heating and hot water needs, the bungalow is equipped with a gas condensing central heating system; there’s also an alternative electric hot water option. While some cosmetic updates would enhance its appeal, this bungalow stands as an excellent canvas for those looking to create their ideal home or capitalize on its investment potential. With no onward chain, it represents a promising opportunity—whether as a first-time purchase, downsizing option, or investment project.

Investment Analysis

(KT16 area)
Area Average
£492/sq ft
Avg Rent (weekly)
£372
Avg Yield
3.6%

Renovation Potential

Est. Renovation Cost
£36,500 - £91,250
10-25% of property value
Monthly Sales
9
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (KT16)

Area prices are falling by +10.4% over the last 12 months
3 year growth: -3.8%
5 year growth: 10.7%
Investment Disclaimer: Analysis based on KT16 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Fordwater Road, Chertsey, Surrey KT16
Map showing location of Fordwater Road, Chertsey, Surrey KT16
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