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Lodge Hill Road, Lower Bourne, Farnham, Surrey GU10 - Image 1
Lodge Hill Road, Lower Bourne, Farnham, Surrey GU10 - Image 2
Lodge Hill Road, Lower Bourne, Farnham, Surrey GU10 - Image 3

Lodge Hill Road, Lower Bourne, Farnham, Surrey GU10

South East

£700,000
Listed on 06/04/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
926 sqft

Description

This detached two-bedroom bungalow offers a promising opportunity for renovation and potential redevelopment, subject to planning permissions. Positioned on an elevated plot, Red Bank Lodge is ripe for modernization, with no onward chain facilitating a smoother acquisition process. The property features a welcoming entrance porch that leads into a central hallway complete with a cloakroom and storage options. The sitting room benefits from dual aspect windows that flood the space with natural light, complemented by a classic feature fireplace. The kitchen/breakfast area, also dual aspect, opens directly onto the garden and comes equipped with essential appliances and cabinetry, alongside utility storage solutions. Two well-proportioned bedrooms are easily accessible from the hallway and share a generously sized family shower/wet room, providing ample living space for refurbishment. Externally, the property is approached via a private driveway leading to parking facilities, a turning area, and access to a detached timber double garage along with an additional shed. Surrounded by established trees and mature landscaping, this property boasts lawns on three sides and offers pleasant views over the nearby treetops. Located in South Farnham within proximity to local amenities such as Bourne Green and convenient transport links including Farnham train station (1.5 miles), this bungalow not only presents excellent development potential but also situates itself in an area rich with community resources including schools and recreational facilities.

Investment Analysis

(GU10 area)

Above Market Value

This property is priced +46.8% above area average per sq ft

+46.8%
This Property
£756/sq ft
Area Average
£515/sq ft
Avg Rent (weekly)
£546
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£524,681
10% above area average per sq ft
Potential ROI
-29.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (GU10)

Area prices are stable by -0.6% over the last 12 months
3 year growth: -7.3%
5 year growth: -7.1%
Investment Disclaimer: Analysis based on GU10 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

Lodge Hill Road, Lower Bourne, Farnham, Surrey GU10
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,479
Based on a loan of £525,000 over 30 years at 3.91% 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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